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1 min read

Russia's central bank hikes interest rate to 21% to fight stubborn inflation

Inflation in Russia hit 8.6% year-on-year in September, well above the central bank's 4% target.

Nathan Rennolds   


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4 mins read

Status-quo on interest rate likely, say experts ahead of RBI's policy review

The Reserve Bank of India is expected to maintain the current repo rate at 6.5% in its upcoming pol…

PTI   


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2 mins read

S&P retains India's growth forecast at 6.8%, expects RBI to cut rates in Oct

S&P said the Union Budget in July outlined that the government remains committed to fiscal consolid…

PTI   


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3 mins read

Bank bosses aren't worried about lower interest rates — and even see some upside

Bank executives said that lower rates appear to be boosting demand for mortgages, refinancing, and …

Theron Mohamed   


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3 mins read

Not just Fed, but central banks of these countries also tinkered with rate cuts this week

The US Federal Reserve cut interest rates by 50 basis points, causing global markets to surge. Cent…

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3 mins read

RBI unlikely to cut interest rate in 2024, food inflation to be deciding factor, says SBI chief Setty

T​​​​he US Federal Reserve's first cut in interest rates in more than four years happened today, tr…

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2 mins read

RBI unlikely to cut interest rate in 2024: SBI chief Setty

"On the rate front, a lot of central banks are taking independent calls. While Fed rate cut wou…

PTI   


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2 mins read

In the long run, rate cut by Fed will be favourable for most US banks: Moody's

"Initially, the rate cuts will be credit negative for most US banks. We expect their deposit costs …

ANI   


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6 mins read

Simply Put: Boom or bust — how RBI’s decision to leave rates unchanged affects homebuyers

The RBI keeps repo rates at 6.5% for the 10th time despite global rate cuts. This decision affects …

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3 mins read

The Fed's interest-rate cut put Trump even more at odds with the central bank

Donald Trump has argued that the Fed would only cut interest rates close to the election to help hi…

Ayelet Sheffey,Brent D. Griff…   


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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   


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2 mins read

Try this higher-interest, lower-tax alternative to CDs while rates are still high

If you're considering investing in a CD, you might look at this other cash equivalent instead.

William Edwards   


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6 mins read

Boom or bust — how RBI’s decision to leave rates unchanged affects homebuyers

If you're an aspiring homebuyer, now is not the time. And if you're already paying home loan EMIs, …

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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   


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3 mins read

Attention! Here's what's changing with your PPF, F&O trading, and buybacks, starting today!

The interest rates on various small savings schemes were left unchanged by the Finance Ministry for…

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1 min read

Profit of public sector banks expected to decline by 0.6 percent QoQ : Motilala Oswal

As the earnings season for the second quarter of FY25 unfolds, public sector banks (PSBs) are expec…

ANI   


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7 mins read

3 couples who recently got mortgage interest rates under 3% share how they did it

The homebuyers are using the savings from their low-interest-rate mortgages to pay down debt and co…

Alcynna Lloyd   


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3 mins read

Attention! Here's what's changing with your PPF accounts starting 1st October, 2024

Note that if you have opened a second PPF account on or after December 12, 2019, you are not eligib…

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3 mins read

RBIs MPC meet concludes today: Repo rate left unchanged at 6.5%

Treading along expected lines, RBI rate-setting panel left the repo rate unchanged at 6.5% for the …

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2 mins read

RBI MPC announcement today: Rates unlikely to change, RBI may change stance to neutral

The Reserve Bank of India (RBI) is set to conclude the three-day Monetary Policy Committee (MPC) me…