Bank of England said its nine-member Monetary Policy Committee decided to lift its main interest rate by half a percentage point to a fresh 15-year high of 5 per cent
FDI equity inflows into India declined by 22 per cent to USD 46 billion in 2022-23. The investments during the January-March 2023 quarter plunged by 40.55 per cent to USD 9.28 billion
During FY 22-23, business loan disbursements grew the most at 101 per cent, followed by personal loans at 59 per cent.
The ECB raised the key interest rates, the one banks pay to deposit cash at the central bank, by 25 basis points (bps), its highest level since 2001
Speaking at an event organised by the industry chamber CII, Governor Shaktikanta Das said there is a suggestion that RBI will take a pause in the coming monetary policy meetings
According to the schedule released by the RBI on Friday, the first bi-monthly monetary policy of FY2023-24 is scheduled for April 3, 5 and 6; and next will be held during June 6-8
OECD, made up of 38 member countries, raised its growth forecast this year to 2.7 per cent from an estimated 2.2 per cent in November and foresaw only a tiny acceleration to 2.9 per cent next year
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. Read on to learn more
On Monday, the rupee fell 68 paise to close at a one-month low of 82.76 against the US dollar
JLR is working to offset inflationary trends and other issues like high energy prices through profitability improvement actions
Rising interest rate, looming impact of US recession, fear of layoffs could lead to restricted supply in real estate in 2023
Analysts foresee a still-sizable rate hike of a half-percentage point at Thursday's meeting in Frankfurt, Germany, following record increases of three-quarters...
As per the RBI MPC meeting schedule, the discussions and review would begin today and continue for three days. Here is what analysts expect in this bi-monthly...
The interest rate decision is the first since Truss' government announced 45 billion pounds ($52 billion) of unfunded tax cuts that sparked turmoil on...
The government has increased the rate of interest on Senior Citizens’ Savings Scheme, Kisan Vikas Patra, and other post office time deposits. Should you...
With the revision, a three-year time deposit with post offices would earn 5.8 per cent from the existing 5.5 per cent, an increase of 30 basis points for the...
While retail inflation rose 7.04 per cent in May year-on-year, slightly down from a 95-month high of 7.79 per cent in April, wholesale or WPI inflation rose to...
The central bank, according to economists and reports, could go for an additional interest rate hike of up to 125 bps this fiscal, taking the overall increase...
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...
When the Reserve Bank of Australia's lifted the rate by a quarter percentage point at its last monthly board meeting on May 3, it was the first rate hike in...
Treasurer Jim Chalmers on Tuesday foreshadowed more rate hikes, saying inflation in Australia would worsen
The Indian equity markets have fallen over two per cent in the last two trading sessions after a surprise interest hike along with spike in cash reserve ratio...
