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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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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…

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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

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   


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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

Food inflation to moderate, but any surprise in monsoon or floods may trigger it upwards, notes UBI report

On the monsoon front, the cumulative rainfall over the country has turned from a deficit to an 8 % …

ANI   


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2 mins read

Amid declining retail inflation, wholesale inflation in India moderates to 2.04% in July

In line with the moderation in retail inflation, wholesale inflation in India too witnessed a sharp…

ANI   


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3 mins read

Gold continues to shine bright on Dhanteras, but should you participate in the glitter?

Legend has it that it was on this day that Lord Dhanvantari, the deity of health, appeared today, m…

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2 mins read

Markets take a breather after record rally; settle marginally lower in volatile trade

The NSE Nifty dropped 32.40 points or 0.13 per cent to 25,356.50. Adani Ports was the bigges…

PTI   


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4 mins read

Insider Today: Millennial money mistake

In this Sunday edition of Insider Today, we're talking about how millennials' love of cash could co…

Matt Turner   


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4 mins read

Why Walmart stock keeps hitting new highs, making the Waltons richer than ever

Walmart stock is up 58% this year, propelling the three Walton siblings into the $100 billion club.…

Theron Mohamed   


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2 mins read

No recession risk regardless of who wins the White House, says Blackstone's Steve Schwarzman

Blackstone CEO Steve Schwarzman said the US economy looks robust and both Donald Trump and Kamala H…

Theron Mohamed   


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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…

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5 mins read

Big banks are bracing for losses as Americans struggle to pay off debt

Banks are building cash reserves as more and more Americans struggle to pay off credit card, auto, …

Jacob Zinkula   


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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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1 min read

Inflation declines to five-year low of 3.54% in Jul: Govt data

The last time inflation was below 4 per cent was in September 2019. The government has tas…

PTI   


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2 mins read

Consumer staples volume will grow in the coming quarters, notes Motilal Oswal report

A marked growth is visible in the consumer staple segment, and the trajectory in volume improvement…

ANI   


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3 mins read

Gold prices drop by Rs 5,000/10gm post Budget; bring cheers to retail investors

After the duty cut, the yellow metal has declined Rs 5,000 per 10 grams or 7.1% in the past three s…

PTI   


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2 mins read

Retail inflation eases to 5.09% in February 2024

According to the provisional figures provided by the NSO, the retail inflation, based on the Consum…

ANI   


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2 mins read

WPI inflation surges to 16-month high of 3.36% in June on costlier vegetables

New Delhi's wholesale inflation surged to 3.36% in June 2024, led by rising food prices, especially…

PTI