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6 Major Changes Starting March 1, 2025 That Will Impact You Financially
Starting March 1, 2025, several key changes will impact personal finances, including updates to SEBI nomination rules, LPG cylinder prices, FD interest rates, UPI payment rules, tax adjustments, and GST security enhancements.
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RBI Cuts Interest Rates For First Time In Nearly 5 Years To Boost Economy
The Reserve Bank of India (RBI) has reduced its key repo rate for the first time in nearly five years to boost the economy.
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US Fed Cuts Key Interest Rate By 0.25%, Sending Stocks Tumbling
Policymakers voted 11-to-1 to lower the central bank's key lending rate to between 4.25 percent and 4.50 percent as expected, the Fed announced in a statement.
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RBI Keeps Key Lending Rate Unchanged At 6.5% For 10th Consecutive Time
The Reserve Bank of India (RBI) has kept its key interest rate unchanged for the tenth consecutive time, its governor Shaktikanta Das announced today,while retaining India's real GDP growth forecast at 7.2 per cent for the current financial year.
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In 1st Since 2020, US Federal Reserve Cuts Interest Rate By 50 Basis Point
The US Federal Reserve cut its key lending rate by half a percentage-point Wednesday in its first reduction since the onset of the Covid-19 pandemic, sharply lowering borrowing costs shortly before November's presidential election.
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In 1st Monetary Policy After Budget, RBI Keeps Key Lending Rates Unchanged
The Reserve Bank of India (RBI) has kept the benchmark interest rate unchanged for the ninth consecutive time, governor Shaktikanta Das announced today.
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US Fed Holds Interest Rates, Now Sees Just One Cut This Year
The US Federal Reserve left its key lending rate unchanged on Wednesday and penciled in just one rate cut this year, down from the three expected in March after inflation stalled in the first quarter.
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India's 'Goldilocks' Economy To Prompt RBI To Keep Key Rates Unchanged
Strong economic growth and moderating inflation means India's central bank will have room to keep interest rates on hold at its review this week and likely until July, economists say.
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Sensex, Nifty Close At Record Highs On State Elections Boost
Financial and energy stocks led Indian shares to new all-time highs on Monday as key wins for BJP in state elections lifted the broader domestic market, already boosted by strong macroeconomic data and easing global interest rate expectations.
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Bank Of England Holds Key Interest Rate At 5.25% After 14 Hikes
The Bank of England on Thursday held interest rates at 5.25 percent following a shock slowdown to UK inflation and one day after the US Federal Reserve also pressed pause.
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China Cuts Key Interest Rate To Counter Post-Covid Slowdown
China's central bank on Monday cut a key interest rate in an attempt to counter the post-Covid growth slowdown in the world's second-largest economy.
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For Personal Loans, RBI Issues New Norms With 2 Key Changes. See Details
The Reserve Bank on Friday asked banks to provide fixed interest rate option to individual borrowers and directed the lenders to levy only reasonable penalty charges in case of default in EMI payments.
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RBI Hits Pause On Interest Rate Hike, Says Won't Hesitate To Act If Needed
RBI Monetary Policy: The Reserve Bank of India today kept the repo rate steady, maintaining the key benchmark interest rate at 6.5 percent, adding that it wouldn't hesitate to act in the future if the situation warranted.
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US Fed Raises Key Interest Rate, Voices Banking Sector Concerns
The US Federal Reserve raised its benchmark lending rate on Wednesday, as it sought to strike a balance between curbing high inflation and averting further upheaval in the commercial banking sector.
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Rate Hike Not Warranted: RBI Monetary Policy Committee Member
Two of the three external members on the Reserve Bank Monetary Policy Committee (MPC) were not in favour of raising the key interest rate this month with one of them saying it was "not warranted" as inflationary expectations were diminishing
-
6 Major Changes Starting March 1, 2025 That Will Impact You Financially
Starting March 1, 2025, several key changes will impact personal finances, including updates to SEBI nomination rules, LPG cylinder prices, FD interest rates, UPI payment rules, tax adjustments, and GST security enhancements.
-
RBI Cuts Interest Rates For First Time In Nearly 5 Years To Boost Economy
The Reserve Bank of India (RBI) has reduced its key repo rate for the first time in nearly five years to boost the economy.
-
US Fed Cuts Key Interest Rate By 0.25%, Sending Stocks Tumbling
Policymakers voted 11-to-1 to lower the central bank's key lending rate to between 4.25 percent and 4.50 percent as expected, the Fed announced in a statement.
-
RBI Keeps Key Lending Rate Unchanged At 6.5% For 10th Consecutive Time
The Reserve Bank of India (RBI) has kept its key interest rate unchanged for the tenth consecutive time, its governor Shaktikanta Das announced today,while retaining India's real GDP growth forecast at 7.2 per cent for the current financial year.
-
In 1st Since 2020, US Federal Reserve Cuts Interest Rate By 50 Basis Point
The US Federal Reserve cut its key lending rate by half a percentage-point Wednesday in its first reduction since the onset of the Covid-19 pandemic, sharply lowering borrowing costs shortly before November's presidential election.
-
In 1st Monetary Policy After Budget, RBI Keeps Key Lending Rates Unchanged
The Reserve Bank of India (RBI) has kept the benchmark interest rate unchanged for the ninth consecutive time, governor Shaktikanta Das announced today.
-
US Fed Holds Interest Rates, Now Sees Just One Cut This Year
The US Federal Reserve left its key lending rate unchanged on Wednesday and penciled in just one rate cut this year, down from the three expected in March after inflation stalled in the first quarter.
-
India's 'Goldilocks' Economy To Prompt RBI To Keep Key Rates Unchanged
Strong economic growth and moderating inflation means India's central bank will have room to keep interest rates on hold at its review this week and likely until July, economists say.
-
Sensex, Nifty Close At Record Highs On State Elections Boost
Financial and energy stocks led Indian shares to new all-time highs on Monday as key wins for BJP in state elections lifted the broader domestic market, already boosted by strong macroeconomic data and easing global interest rate expectations.
-
Bank Of England Holds Key Interest Rate At 5.25% After 14 Hikes
The Bank of England on Thursday held interest rates at 5.25 percent following a shock slowdown to UK inflation and one day after the US Federal Reserve also pressed pause.
-
China Cuts Key Interest Rate To Counter Post-Covid Slowdown
China's central bank on Monday cut a key interest rate in an attempt to counter the post-Covid growth slowdown in the world's second-largest economy.
-
For Personal Loans, RBI Issues New Norms With 2 Key Changes. See Details
The Reserve Bank on Friday asked banks to provide fixed interest rate option to individual borrowers and directed the lenders to levy only reasonable penalty charges in case of default in EMI payments.
-
RBI Hits Pause On Interest Rate Hike, Says Won't Hesitate To Act If Needed
RBI Monetary Policy: The Reserve Bank of India today kept the repo rate steady, maintaining the key benchmark interest rate at 6.5 percent, adding that it wouldn't hesitate to act in the future if the situation warranted.
-
US Fed Raises Key Interest Rate, Voices Banking Sector Concerns
The US Federal Reserve raised its benchmark lending rate on Wednesday, as it sought to strike a balance between curbing high inflation and averting further upheaval in the commercial banking sector.
-
Rate Hike Not Warranted: RBI Monetary Policy Committee Member
Two of the three external members on the Reserve Bank Monetary Policy Committee (MPC) were not in favour of raising the key interest rate this month with one of them saying it was "not warranted" as inflationary expectations were diminishing
