interest rates
- India
RBI hikes interest rates on NRI foreign currency deposits
Mumbai: The RBI on Friday increased the interest rate ceilings on Foreign Currency Non-Resident Bank deposits or FCNR (B) deposits which will enable NRIs to earn more on their savings. The move…
- Hyderabad
Gold rates in Hyderabad skyrocket, cross Rs 80K mark
Hyderabad: Gold rates in Hyderabad have reached new highs today, crossing the Rs 80,000 mark for 24-carat gold. This upward trend has been consistent throughout October. Unprecedented gold prices in Hyderabad As…
- World
US Fed keeps interest rates unchanged, hints at September cut
Washington: The US Federal Reserve has left interest rates unchanged at a 22-year high of 5.25 per cent to 5.5 per cent, as inflation continues to cool, hinting that a rate cut…
- India
SBI hikes MCLR, interest rates on loans likely to go up
Mumbai: The country’s largest lender State Bank of India (SBI) has raised its benchmark marginal cost of lending rate (MCLR) by 5-10 basis points with effect from Monday (July 15). SBI interest…
- World
Asian central banks likely to cut rates from late June onwards: Morgan Stanley
New Delhi: Asian central banks are likely to begin cutting rates from late June onwards, global brokerage Morgan Stanley said. “Across the region, real rates are rising given lower inflation. As long…
- World
US Fed leaves interest rates unchanged
Washington: The US Federal Reserve left the interest rate unchanged after the two-day meeting of its top decision making body on Wednesday. It’s a pause and not the end of hikes that…
- World
US Fed hikes interest rates by 25 basis points
New York: The US Federal Reserve has raised its benchmark interest rates by 25 basis points to the range of 5.25 to 5.5 per cent, the highest level in over two decades,…
- Business
Interest rates for popular small saving schemes remain unchanged
New Delhi: The government has kept the interest rates for popular small savings schemes like national saving certificate, public provident fund (PPF), Kisan Vikas Patra and Sukanya Samriddhi Yojana, unchanged for the…
- World
Interest rates likely to go higher than Fed previously anticipated: Powell
Washington: US Federal Reserve Chairman Jerome Powell stressed on Tuesday that central bank policymakers are prepared to raise interest rates higher than previously expected and pick up the pace of increases in…
- Hyderabad
Amid uncertainties, gold rates may rise again in Hyderabad, other cities
Hyderabad: Amid uncertainties including recession fear, geopolitical issues, and interest rates, gold rates are likely to rise again in Hyderabad and other cities as investors are preferring the yellow metal considering it…
- India
RBI to continue or hit the pause button on rate hike?
Chennai: With the retail inflation down, if the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) pause on the policy rate hike or increase it by 25 basis points to 6.50…
- India
FM launches new savings scheme for women with 7.5% fixed interest rate for 2 yrs
New Delhi: Union Finance Minister Nirmala Sitharaman Wednesday announced a ‘Mahila Samman Saving Certificate’ with a fixed interest rate of 7.5 percent for two years. The deposit can be made in the…
- Middle East
Israel raises base interest rate to 3.75%, highest since 2008
Tel Aviv: Israel’s central bank has announced an increase of 0.5 per cent in the base interest rate to 3.75 per cent, reaching the highest level since October 2008. This is the…
- World
Sri Lanka’s central bank chief to reduce interest rates in 2023
Colombo: Steps will be taken in 2023 to reduce key interest rates in Sri Lanka, said Governor of Central Bank of Sri Lanka, Nandalal Weerasinghe. Weerasinghe told media on Sunday that inflation…
- World
US Fed hikes interest rates by half percentage point
Washington: The US Federal Reserve on Wednesday raised interest rates by half a percentage point, which was less than the three-fourths on previous four occasions, in a sign that it feels these…
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