interest rates

Seoul, April 11 – The South Korean government announced on Saturday that cash assistance for the bottom 70% of income earners will begin being distributed later this month as part of efforts to alleviate the financial strain caused by rising oil prices.The aid will initially be provided to the...

Ludhiana, April 9 The country's merchandise exports are expected to decline by 2-3 per cent in 2025-26 due to global economic uncertainties, exacerbated by the West Asia crisis, according to FIEO.Federation of Indian Export Organisations (FIEO) President S C Ralhan said that the crisis may...

New Delhi, April 9 Veteran banker K V Kamath emphasized the need for reskilling and education reforms to harness the potential of artificial intelligence (AI), which will be the defining theme of the next decade.During a fireside chat with Sunil Kant Munjal, chairman of Hero Enterprises, at an...

Mumbai, April 8 Bankers described the Reserve Bank's decision to maintain interest rates in its policy review on Wednesday as a prudent and well-calculated measure.Specific measures for individual sectors, such as the removal of the Investment Fluctuation Reserve requirement and easing of CRAR...

New Delhi, April 8 Stocks in the real estate, auto, and banking sectors, which are sensitive to interest rates, were in high demand on Wednesday, a day when the Reserve Bank of India kept its key policy rate unchanged, adopting a wait-and-see approach as policymakers assessed the fallout from...

Mumbai, April 8 Indian bond yields ended nearly 0.15 per cent lower on Wednesday, taking comfort from the conditional ceasefire in the West Asia conflict, and the Reserve Bank of India (RBI) maintaining the status quo on policy rates.According to the Clearing Corporation of India (CCIL), the...

Mumbai, April 8 Reserve Bank Governor Sanjay Malhotra expressed confidence on Wednesday that interest rates will remain low in the medium to long term, given the benign inflationary conditions.Addressing the media at a post-monetary policy conference, Malhotra said the Indian economy is very...

Mumbai, April 8 Reserve Bank Governor Sanjay Malhotra on Wednesday termed the ceasefire between the US and Iran as "pleasant news," which was taken into account while making the policy decision hours later."At 5:30 am, we received some pleasant news, perhaps not entirely unexpected," Malhotra...

New Delhi, April 8 Stable interest rates on home loans, combined with strong demand from end-users, will help real estate developers sustain sales momentum, said real estate bodies CREDAI and NAREDCO on Wednesday, while praising the RBI's decision to keep the repo rate unchanged.The two...

New Delhi, April 8 The Reserve Bank's decision to maintain the status quo on interest rates is a measured approach to strengthen the macroeconomic environment, given the global headwinds influencing economic sentiment, experts said on Wednesday.The Reserve Bank kept its key policy rate (repo)...

Mumbai, April 8 Reserve Bank Governor Sanjay Malhotra expressed confidence on Wednesday that interest rates will remain low in the medium to long term, given the benign inflationary conditions.Addressing the media at a post-monetary policy conference, Malhotra said the Indian economy is very...

The Reserve Bank of India has maintained interest rates at 5.25 percent. Announcing the first bi-monthly monetary policy for the current fiscal, RBI Governor Sanjay Malhotra stated that the Monetary Policy Committee has unanimously decided to keep the repo rate at 5.25 percent with a neutral...

Mumbai, April 8 The Reserve Bank found no governance or conduct-related issues during its supervisory inspection of HDFC Bank, Governor Sanjay Malhotra said on Wednesday.Responding to a question at the post-monetary policy press conference on the sudden resignation of HDFC Bank Chairman Atanu...

Mumbai, April 8 – The Reserve Bank of India maintained its key policy rate unchanged on Wednesday, adopting a cautious approach while assessing the impact of the six-week Iran conflict on energy supplies, inflation, and economic growth.The central bank's Monetary Policy Committee voted...

Mumbai, April 8 Indian bond yields eased by around 0.12 percent on Wednesday, following the conditional two-week ceasefire between the US and Iran, while the Reserve Bank of India (RBI) kept policy rates unchanged.The yield on the 10-year benchmark bond, GS 2035 at 6.48 percent, fell to 6.92...

New Delhi, April 7 The price of silver plummeted by Rs 1,479 to Rs 2.31 lakh per kilogram in futures trading on Tuesday, amid escalating geopolitical tensions in West Asia and rising inflation concerns that dampened investor sentiment.On the Multi Commodity Exchange, the white metal for May...

New Delhi, April 6 – India's strong fiscal position and robust foreign exchange reserves provide the Reserve Bank of India with more policy flexibility, Finance Minister Nirmala Sitharaman said on Monday.Addressing the golden jubilee celebrations of the National Institute of Public Finance and...

New Delhi, April 6 – Finance Minister Nirmala Sitharaman stated on Monday that fiscal prudence has given the government the flexibility to maintain capital expenditure (capex) and support sectors affected by the crisis in West Asia.Furthermore, she said that the Reserve Bank can consider...

New Delhi, April 6 Finance Minister Nirmala Sitharaman said on Monday that India has fiscal space to support sectors affected by the escalating West Asia crisis, while the Reserve Bank has room to cut interest rates to deal with global challenges.The Monetary Policy Committee, headed by the...

April 06, New Delhi: The Reserve Bank of India’s Monetary Policy Committee (MPC) meeting is scheduled to begin on Monday, with investors and economists closely monitoring for signals regarding interest rates and inflation outlook.The meeting is taking place amid heightened global uncertainty...