The Office for National Statistics said the annual rate of inflation, as measured by the consumer price index, was 6.8 per cent in July, its lowest level since February 2022, the month Russia invaded Ukraine and sent energy...
The Reserve Bank of India (RBI) on Thursday decided to keep the repo rate unchanged at 6.5 per cent. Commenting on the development, CREDAI National President Boman Irani said, "... We expect both housing supply and demand to...
The Mahila Samman Savings Scheme 2023 rates for women have been announced. Many banks offer special kind of fixed deposits (FDs) for women, offering them a special premium. Here’s a comparison
The Bank of Japan said that extremely high uncertainties for the economy and prices required a more nimble approach than its previous policy
The interest rate on Floating Rate Savings Bonds (FRSB) is set to increase from the current 7.35 per cent to 8.05 per cent in July 2023. OLM takes a look at the historical returns to capture their future trends.
RBI MPC: The meeting that will conclude on April 6, 2023 with RBI Governor Shaktikanta Das’ address, will see the MPC’s decision on key interest rate
Nearly all leading banks and financial companies offer higher interest rates on FDs for senior citizens. Some banks may offer interest rates that are higher than the regular rates by 0.25%, while others may offer an...
Neither price appreciation, nor rental yield is impressive. The interest rate is continuously on the rise as is the equated monthly instalment. What lies in store for real estate investors?
Many borrowers may be considering a fixed interest rate loan as the recurrent interest rate hikes in the repo rate-linked consumer loans pinch their pockets....
Balance transfer on credit cards allows you to transfer the amount you owe on one card to another card. By doing this you actually end up paying for the first...
About 62 per cent developers feel that buyer inquiries and engagements have increased in 2022 compared to 2021, according to a CREDAI survey
The real estate industry has made several recommendations for Budget 2023. The most important ones call for increasing the deduction available on home loan...
You can reap the benefits of high-interest rates currently offered by banks on fixed deposits (FDs) for various tenors through the auto-sweep feature
Recurring deposits are a safe and secure way to save over a fixed tenure and fetch a guaranteed return from your bank through small timely deposits each month....
With banks continuing to slash interest rates on home as well as personal loans, it would certainly look tempting to go for that loan to fund your home...
This Diwali, you may want to light up your home with a makeover. If you want to avail of a loan for this, read on to find more.
As banks continue to increase home loan rates and EMIs increase, here are some strategies for homebuyers to cope up
With a target of maintaining a fiscal deficit at 6.4 per cent of the GDP for the current financial year, the government has a task at hand
PPF interest rates are still attractive. New investors can find details about PPF rates, taxation, and its fungibility aspects here.
The bank lowered its key rate by 1.5 percentage points, to 8 per cent. It said inflation expectations have “significantly decreased," reaching spring 2021...
Canada's central bank said it is raising its target interest rate by a full percentage point in an effort to fight inflation.
The Swiss National Bank said the rate hike would take effect Friday. The Swiss franc, which is generally considered a stable currency, jumped against the euro...
On Wednesday, the Fed stepped up its drive to tame inflation by raising its key interest rate by three-quarters of a point — its largest hike in nearly three...
Chair Jerome Powell hopes that by making borrowing more expensive, the Fed will succeed in cooling demand for homes, cars and other goods and services and slow...
The Fed’s benchmark short-term rate, which affects many consumer and business loans, will now be pegged to a range of 1.5% to 1.75% — and Fed policymakers...