interest rates
- 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…
- Technology
Bitcoin, other cryptocurrencies in free fall after interest rate hikes
New Delhi: Bitcoin on Sunday witnessed another round of free fall, slipping below $35,000 per coin, as the global crypto market went through a massive slump of over 4.5 per cent in…
- Business
Stock markets tumble after biggest interest rate hike in 22 yrs
London: Stock markets in Asia and America have tumbled after the US Federal Reserve this week announced the biggest interest rate hike in 22 years. The sell-off comes as worries intensified over…
- World
SL tightens monetary policy with significant increase of interest rates
Colombo: As economic crisis continues, the Central Bank of Sri Lanka has tightened its monetary policy with a significant increase of interest rates amid inflationary pressure. Issuing a statement on Friday, the bank…
- India
RBI keeps interest rate unchanged, cuts GDP growth forecast
Mumbai: The Reserve Bank of India (RBI) on Friday kept borrowing costs unchanged at a record low for the 11th time in a row in a bid to continue supporting economic growth despite…
