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Banks Likely To Reduce Interest Rates After RBI's Repo Rate Cut: Report
With the RBI's 50 basis points cumulative reduction in policy rates since February this year, transmission of the rate cut by banks is expected in the coming quarters, according to an SBI report.
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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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IMF Fears Zimbabwe’s Plan to Launch Gold-Backed Digital Asset Could Trigger Financial Instability
The authorities of the International Monetary Fund (IMF) have reached out to the regulators of Zimbabwe advising them against issuing a gold-back digital asset to fight against the rising inflation. Zimbabwe is considering the launch of this stablecoin in order to reduce its dependency on the US dollar amid back-to-back interest rate hikes in the U...
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Vodafone Idea (Vi) Expects Another Hike in Mobile Services Rates This Year, CEO Ravinder Takkar Says
Vi may raise mobile services rates this year as well but it will depend on the market reaction to the increase in tariff that the company made in November, a top official of the company said.
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Decide On Reducing Cost Of CT Scan Test For Covid: High Court To Delhi
The Delhi High Court on Monday directed the Delhi government to treat as a representation a Public Interest Litigation seeking capping of the price of High-Resolution Computerised Tomography (HRCT) used for detecting the presence and severity of COVI
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Make Agriculture Profitable By Reducing Input Costs: Vice President
Stating that loan waivers and subsidies provide only temporary relief to farmers, Vice President M Venkaiah Naidu on Tuesday stressed on making Indian agriculture profitable by reducing input costs and providing uninterrupted power as well as credit at low interest rates to the farming community.
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Fiat India Brings In Special Finance Schemes To Attract Customers
The company is offering lowest loan interest rates from banks and coverage in the event of a job loss among other things to its probable customers.
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Centre's Decision To Slash Interest On Small Savings Based On "Stupid Advice": P Chidambaram
Senior Congress leader P Chidambaram today described as a wrong step based on "stupid advice" the government's decision to reduce interest rates on small saving schemes and demanded its rollback.
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Budget 2019: Electric Vehicles To Get More Affordable
The NDA 2.0 government made some major announcements for pushing electric mobility in India as part of the Union Budget 2019. While the Indian auto sector did not witness any dramatic changes in tax norms, Finance Minister Nirmala Sitharaman recommended reducing the GST rate on electric vehicles from the current 12 per cent to five per cent in a bi...
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Budget 2019: Government Recommends Reduction Of GST From 12% To 5% On Electric Vehicles
The Union Budget for 2019 has been announced and Finance Minister Nirmala Sitharaman made a number of promises for the overall development of the country's economy. While there haven't been major incentives for conventional vehicles in the auto sector, the government has recommended changes to the Goods Services Tax (GST) council for electric vehic...
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Congress To Raise Issue Of Small Savings Rate Cut Roll Back In Parliament
The Congress took a dig at the Union government on Saturday, dubbing its decision to reduce interest rate on small savings schemes as its "return gift" to voters after they gave it a massive victory in the recent Lok Sabha polls.
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BMW G 310 R, BMW G 310 GS Offered With Year-End Benefits
The BMW G 310 R, and the BMW G 310 GS are being offered with benefits totalling Rs. 70,000 by some BMW Motorrad India dealers. The offers include free insurance, cash discount of Rs. 25,000 and a special reduced rate of interest on finance schemes.
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Bengal Government To Disburse Rs. 7,000 Crore Loan At 2% Interest In 2019
To woo the farmers in West Bengal ahead of Lok Sabha elections in 2019, the Mamata Banerjee government has decided to disburse farm loans worth around Rs. 7,000 crore at a low interest rate of 2 per cent, state minister Arup Roy said today. The interest rate has been reduced from the existing 4 per cent. The loans would be disbursed through coopera...
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China To Cut Taxes On New Cars
China currently levies a 'car purchase tax' on new cars at 10 per cent, which after the tax cut will be reduced to 5 per cent. This will make cars more affordable although will only be applicable on cars whose engines are smaller than 1.6-litres. Interestingly, almost 70 per cent of all cars sold in China fall under this category. Amidst the on-goi...
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EPFO Cuts Interest Rate Again: A Look At Its Rise, Fall And Comparison From Previous Years
Nearly 5 crore subscribers have been affected after EPFO or Employees' Provident Fund Organisation, the retirement fund body, reduced the interest rate and it will pay 8.55 per cent for for 2017-18.
_625x300_1529306523356.jpg?downsize=260:195 "Congress To Raise Issue Of Small Savings Rate Cut Roll Back In Parliament")
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Banks Likely To Reduce Interest Rates After RBI's Repo Rate Cut: Report
With the RBI's 50 basis points cumulative reduction in policy rates since February this year, transmission of the rate cut by banks is expected in the coming quarters, according to an SBI report.
-
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.
-
IMF Fears Zimbabwe’s Plan to Launch Gold-Backed Digital Asset Could Trigger Financial Instability
The authorities of the International Monetary Fund (IMF) have reached out to the regulators of Zimbabwe advising them against issuing a gold-back digital asset to fight against the rising inflation. Zimbabwe is considering the launch of this stablecoin in order to reduce its dependency on the US dollar amid back-to-back interest rate hikes in the U...
-
Vodafone Idea (Vi) Expects Another Hike in Mobile Services Rates This Year, CEO Ravinder Takkar Says
Vi may raise mobile services rates this year as well but it will depend on the market reaction to the increase in tariff that the company made in November, a top official of the company said.
-
Decide On Reducing Cost Of CT Scan Test For Covid: High Court To Delhi
The Delhi High Court on Monday directed the Delhi government to treat as a representation a Public Interest Litigation seeking capping of the price of High-Resolution Computerised Tomography (HRCT) used for detecting the presence and severity of COVI
-
Make Agriculture Profitable By Reducing Input Costs: Vice President
Stating that loan waivers and subsidies provide only temporary relief to farmers, Vice President M Venkaiah Naidu on Tuesday stressed on making Indian agriculture profitable by reducing input costs and providing uninterrupted power as well as credit at low interest rates to the farming community.
-
Fiat India Brings In Special Finance Schemes To Attract Customers
The company is offering lowest loan interest rates from banks and coverage in the event of a job loss among other things to its probable customers.
-
Centre's Decision To Slash Interest On Small Savings Based On "Stupid Advice": P Chidambaram
Senior Congress leader P Chidambaram today described as a wrong step based on "stupid advice" the government's decision to reduce interest rates on small saving schemes and demanded its rollback.
-
Budget 2019: Electric Vehicles To Get More Affordable
The NDA 2.0 government made some major announcements for pushing electric mobility in India as part of the Union Budget 2019. While the Indian auto sector did not witness any dramatic changes in tax norms, Finance Minister Nirmala Sitharaman recommended reducing the GST rate on electric vehicles from the current 12 per cent to five per cent in a bi...
-
Budget 2019: Government Recommends Reduction Of GST From 12% To 5% On Electric Vehicles
The Union Budget for 2019 has been announced and Finance Minister Nirmala Sitharaman made a number of promises for the overall development of the country's economy. While there haven't been major incentives for conventional vehicles in the auto sector, the government has recommended changes to the Goods Services Tax (GST) council for electric vehic...
-
Congress To Raise Issue Of Small Savings Rate Cut Roll Back In Parliament
The Congress took a dig at the Union government on Saturday, dubbing its decision to reduce interest rate on small savings schemes as its "return gift" to voters after they gave it a massive victory in the recent Lok Sabha polls.
-
BMW G 310 R, BMW G 310 GS Offered With Year-End Benefits
The BMW G 310 R, and the BMW G 310 GS are being offered with benefits totalling Rs. 70,000 by some BMW Motorrad India dealers. The offers include free insurance, cash discount of Rs. 25,000 and a special reduced rate of interest on finance schemes.
-
Bengal Government To Disburse Rs. 7,000 Crore Loan At 2% Interest In 2019
To woo the farmers in West Bengal ahead of Lok Sabha elections in 2019, the Mamata Banerjee government has decided to disburse farm loans worth around Rs. 7,000 crore at a low interest rate of 2 per cent, state minister Arup Roy said today. The interest rate has been reduced from the existing 4 per cent. The loans would be disbursed through coopera...
-
China To Cut Taxes On New Cars
China currently levies a 'car purchase tax' on new cars at 10 per cent, which after the tax cut will be reduced to 5 per cent. This will make cars more affordable although will only be applicable on cars whose engines are smaller than 1.6-litres. Interestingly, almost 70 per cent of all cars sold in China fall under this category. Amidst the on-goi...
-
EPFO Cuts Interest Rate Again: A Look At Its Rise, Fall And Comparison From Previous Years
Nearly 5 crore subscribers have been affected after EPFO or Employees' Provident Fund Organisation, the retirement fund body, reduced the interest rate and it will pay 8.55 per cent for for 2017-18.
