interest rates

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    Analysts Predict Volatile Week for Gold as Middle East Concerns Mount

    New Delhi, March 8 Gold prices are expected to remain volatile next week as investors monitor geopolitical developments in the Middle East and key macroeconomic data releases that could shape sentiment in the domestic market, analysts said."Attention will again be focused on developments in...
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    February Payrolls Decline: Economy Shows Signs of Slowdown

    Washington, March 7 – The United States lost 92,000 jobs in February, according to data released by the Bureau of Labor Statistics, signaling potential weakness in the US economy.Nonfarm payrolls fell by 92,000 from the previous month, marking the third decline in payrolls over the past five...
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    Police Urged to Act Against Money Lenders Charging Excessive Rates

    Mumbai, March 4 Maharashtra Chief Minister Devendra Fadnavis said on Wednesday that strict action would be taken against licensed money lenders who charge interest rates higher than the prescribed norms, and their licenses would also be revoked.Responding to a question in the legislative...
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    Bond Market Reacts to Crude Spike and Geopolitical Risk

    Mumbai, March 4 Indian government bond yields rose to nearly a three-week high on Wednesday afternoon, tracking a sharp increase in global crude oil prices amid escalating tensions in the Middle East.The yield on the benchmark 10-year government security rose to 6.7112 percent, its highest...
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    IDFC First Bank Fraud: Punjab Targets Haryana's Response

    Chandigarh, March 2 Punjab Finance Minister Harpal Singh Cheema on Monday targeted the BJP government in Haryana over the Rs 590-crore IDFC First Bank fraud case, claiming that it has "completely failed" in adopting new technology, which is why people's money is being "looted" in the neighboring...
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    Inflationary Pressures Won't Trigger Rate Increases, Says RBI

    Mumbai, February 25 The chances of the benchmark interest rate going up are "negligible," despite the build-up of inflationary pressure due to geopolitical tensions, said Saugata Bhattacharya, an external member of the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC), on Wednesday...
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    Bank Borrowing Drops Sharply in Pakistan Amid Uncertainty

    New Delhi, February 25 – There has been a significant decline in private investment in Pakistan’s economy, despite a reduction in interest rates. This is because businesses are facing an uncertain economic environment due to high energy costs, regulatory unpredictability, and high taxes...
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    Gold Soars Above $5,000 Amid Market Uncertainty

    New Delhi, February 20 Gold prices rose by ₹1,315 to ₹1.56 lakh per 10 grams in futures trading on Friday, tracking firm global trends amid renewed geopolitical tensions between the US and Iran, which boosted the safe-haven asset.On the Multi Commodity Exchange, the yellow metal for April...
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    Silver Futures See Gains Driven by Geopolitical Tensions and Economic Data

    New Delhi, February 19 Silver prices rose by Rs 1,037 to Rs 2,45,305 per kg in futures trading on Thursday, driven by firm global trends.On the Multi Commodity Exchange, silver contracts for March delivery increased by Rs 1,037 or 0.42 per cent to Rs 2,45,305 per kg in a business turnover of...
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    Ramesh Chennithala Raises Concerns Over KIIFB's Financial Practices

    Thiruvananthapuram, February 17 – Congress Working Committee member and senior legislator Ramesh Chennithala intensified his criticism of the Kerala Infrastructure Investment Fund Board (KIIFB) on Tuesday, alleging that crores of rupees were being diverted under the guise of advertisements to...
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    Investor Demand Drives IIFL Finance NCD Subscription

    New Delhi, February 17 IIFL Finance Ltd, a NBFC firm, announced on Tuesday that the initial offering of its secured, redeemable, non-convertible debentures (NCDs) had been fully subscribed within the first half of the opening day.This reflects strong investor demand and confidence in the...
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    Market Analysis: Gold Consolidation After Recent Volatility

    New Delhi, February 17 Gold prices fell by more than 1% to Rs 1.52 lakh per 10 grams in the futures trade on Tuesday, due to easing demand for safe-haven assets amid improving geopolitical sentiment and a strong US dollar.On the Multi Commodity Exchange, the yellow metal for April delivery...
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    MSME Export Financing Challenges Highlighted by AEPC

    New Delhi, February 16 The Apparel Export Promotion Council (AEPC) said on Monday that it has requested the Reserve Bank of India to introduce a special interest package scheme for MSMEs.AEPC Chairman A Sakthivel said that he met Reserve Bank of India Governor Sanjay Malhotra in Mumbai and...
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    Silver Futures Decline Amid Weak Global Trends

    New Delhi, February 16 Silver prices fell by nearly 2 per cent to Rs 2.4 lakh per kilogram in futures trading on Monday, driven by weak global trends and subdued demand in domestic spot markets.On the Multi Commodity Exchange (MCX), the white metal for March delivery plunged by Rs 3,630, or...
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    Indian Overseas Bank Introduces 444-Day Term Deposit with Attractive Rates

    New Delhi, February 14 Caspian Debt has been rebranded as Udhyam Debt under the BlackSoil Capital banner, marking a new phase for the platform as it deepens its focus on financing India's micro, small and medium enterprises (MSMEs).Building on Caspian's strong underwriting legacy in the MSME...
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    BoB Announces New Car Loan Rates and Offers

    New Delhi, February 9 State-owned Bank of Baroda (BoB) announced on Monday a 30-basis-point reduction in its car loan interest rates, effective immediately.The bank's floating rate now starts from 7.6 per cent per annum, BoB said in a statement.The bank also offers an attractive fixed...
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