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3 mins read
SBI report dismisses bank deposit concerns as a 'Statistical Myth'
As Finance Minister Nirmala Sitharaman hold a review meeting with heads of Public Sector Banks and …
ANI
4 mins read
RBI likely to keep interest rate unchanged at 6.5%, say experts
Reserve Bank of India (RBI) is likely to keep the key interest unchanged at 6.5% on Thursday, and w…
PTI
2 mins read
PM Modi congratulates RBI Governor Das on A+ rating in Global Finance Report
Prime Minister Narendra Modi, on Wednesday, congratulated Reserve Bank of India's (RBI) Governor, S…
ANI
3 mins read
Sensex, Nifty surge on rally in US markets, foreign fund inflows
The NSE Nifty soared 187.45 points or 0.76 % to 25,010.60. Among the 30 Sensex firms, HCL Technolog…
2 mins read
RBI expected to begin rate cuts in October, with two reductions this fiscal: Crisil
The Reserve Bank of India (RBI) may begin lowering interest rates around October, provided that ext…
ANI
2 mins read
Repo rate cut unlikely in ongoing MPC meeting, but RBI may change it during October policy review: Experts
The Reserve Bank of India (RBI) has started its three-day monetary policy committee (MPC) meeting i…
ANI
2 mins read
RBI can't ignore food inflation while setting rates, will wait for NSO to review CPI weightage: Das
"The MPC (monetary policy committee) may look through high food inflation if it is transitory; …
PTI
3 mins read
RBI keeps repo rate unchanged at 6.5%: What is repo rate and how it affects you
Reserve Bank of India's Monetary Policy Committee announced maintaining the repo rate at 6.5% for t…
4 mins read
RBI MPC Meet: Repo rates unchanged at 6.5%, inflation moderating, albeit slowly
MPC decided, by a majority of 4:2 members, that the repo rate will be left unchanged at 6.5%. Thi…
2 mins read
Interest rates remain steady once again — but it's likely the Fed will cut rates in September
The Federal Reserve held interest rates steady in its July meeting as pressure mounts on the centra…
Ayelet Sheffey
4 mins read
Inflation spikes in June 2024 due to high food prices; Likely to affect RBI’s decision on interest rate
Indian retail inflation rises to 5.08% in June, driven by a spike in food prices. Food price inflat…
2 mins read
Rupee rises 1 paisa to 83.43 against US dollar in early trade
The rupee inched up 1 paisa to 83.43 against the US dollar in early trade on Thursday on the back o…
PTI
1 min read
SBI raises lending rates by 5 to 10 basis points; New loans to cost more
The State Bank of India (SBI) on Monday announced an increase in its Marginal Cost of Funds Based L…
ANI
1 min read
Donald Trump says he should have a hand in setting interest rates
Republican presidential nominee Donald Trump told reporters he wants a say in setting rates, and cr…
Kelly Cloonan
3 mins read
Wall Street knows interest rate cuts are coming. What matters is how big they'll be.
Federal Reserve Chair Jerome Powell will deliver his biggest speech of the year at Jackson Hole. Wa…
Ayelet Sheffey
2 mins read
Europe's central bank cuts interest rates for first time in 5 years
The European Central Bank announced it would lower its benchmark interest rate from 4% to 3.75%, ma…
Theron Mohamed
3 mins read
India's retail inflation eases marginally in April; here's what experts have to say
India's retail inflation eased to 4.83 per cent in April, down from 4.85 per cent in March. However…
ANI
1 min read
The Fed is 'getting closer' to cutting interest rates, top official says
Several official from the Fed seem confident that, with more data on steadily decreasing inflation,…
Kelly Cloonan
2 mins read
Jamie Dimon thinks the Fed should wait longer to cut interest rates
"It would be good if the Fed waited now. I think there are a lot of reasons why inflation could ris…