interest rates
- 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…
- Business
RBI should consider moderating its pace of monetary tightening: CII
Delhi: Domestic demand is recovering well as mirrored by the performance of a host of high-frequency indicators. However, the prevailing global polycrisis is likely to impinge on our growth prospects too. Given…
- Telangana
Telangana: TS-TRANSCO, TSGENCO urge PFC to cut interest on power loans
Hyderabad: The Telangana Transmission Corporation of and Generation Company (TS-TRANSCO and GENCO) officials have urged the Power Finance Corporation (PFC) to reduce the interest rate on the loans taken by the power…
- World
Bank of Mexico raises key interest rate again
Mexico City: Banxico, Mexico’s central bank, has raised the key interest rate for the 12th straight time, as risks of accelerating inflation persist in the short and medium term. The bank’s Board…
- World
US Fed Reserve hikes interest rates by 75 basis points
New Delhi: The US Federal Reserve has raised key rates by 75 basis points, the fourth such hike by it this year to curtail rising inflation. The Fed Chairman, Jerome Powell was…
- Business
EMIs to rise as RBI hikes interest rate again
Mumbai: Home, auto and other loan EMIs are set to rise further after the RBI on Friday raised the key interest rate by 50 basis points, the fourth straight increase since May,…
- World
US Fed delivers another big interest rate hike
Washington: The US Federal Reserve announced another interest rate hike to fight inflation amidst growing concerns that the central bank could end up slowing down the economy. The 0.75 hike was the fourth…
- World
US Fed raises interest rates by 75 basis points
Washington: In the backdrop of an over four-decade high inflation, the US Federal Open Market Committee has raised its key policy interest rate by 75 basis points to 2.25-2.50 per cent, anticipating…
- World
US Fed makes biggest rate hike since 1994
Washington: The US Federal Reserve on Wednesday (local time) raised interest rates by 75 basis points (bps) or three-quarters of a percentage point in the boldest move since 1994. It’s the largest…
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