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interest rate cut News
interest rate cut
US Fed cuts interest rates by 25 basis points for second time this year
Thu, Sep 19, 2019
The US Federal Reserve on Wednesday lowered interest rates by 25 basis points amid growing risks and uncertainties stemming from trade tensions and a global economic slowdown, following a rate cut in July that was its first in more than a decade.
US Federal Reserve cuts benchmark interest rate by quarter-percentage point
Thu, Aug 01, 2019
Fed Chairman Jerome Powell had strongly hinted earlier this month that the benchmark rate would be lowered at the July meeting of the Federal Open Market Committee due to persistent trade tensions, global weakness and a notable slowdown in business investment.
US sanctions on Iran: Dollar drops amid bets on Fed rate cuts, geopolitical tensions
Tue, Jun 25, 2019
The US President claimed Monday`s move came after "a series of aggressive behaviours by the Iranian regime in recent weeks," including the shooting down of a US drone.
Will RBI cave-in to govt pressure and cut interest rates despite inflation concerns?
Wed, Oct 04, 2017
While inflation continues to put pressure on the RBI, the government is looking towards it to cut interest rates as the GDP declined to a three-year low in August.
Should RBI cut rates when banks are likely to do that themselves?
Wed, Aug 02, 2017
Two days before Reserve Bank of India's bi-monthly policy, SBI had announced rates cut. What will be RBI's call now?
RBI August bi-monthly monetary policy: Is “No Rate Cut” a possibility?
Wed, Aug 02, 2017
Analysts expect a rate cut in the RBI's August bi-monthly monetary policy, however there were list of several factors that indicated cautious stance in the meet. Policy repo rate for now stands at 6.25%.
Interest Rate Cut: Here's how you can repay your existing home loan
Sat, May 27, 2017
As the banks have reduced their interest rates on home loans, find out how you can repay your existing home loan by shifting to new bank offering cost-effective home loan interest rates.
US economy slowed less than expected in Q1; outlook cloudier
Sat, May 27, 2017
The US economy has slowed less than expected in the first quarter (Q1) and the softening business investment and moderate consumer spending are clouding expectations of a sharp acceleration in the second quarter (Q2).
2017 is a good time for new home buyers to buy affordable housing in Thane, Navi Mumbai: Experts
Mon, May 22, 2017
According to experts, the year 2017 is the good time for the first-time home buyers to buy affordable housing in locations like Thane, Navi Mumbai, Karjat, Panvel, etc.,
LIC earns total investment income of Rs 1.80 lakh crore in FY17
Sun, May 21, 2017
LIC has earned a total investment income of Rs 1,80,117 crore in FY17 through investment in government bonds and state development loans, interest, corporate bond interest, dividend income and profits on sale of equity.
ICICI and HDFC bank reduced the Home loan rates
Sat, May 20, 2017
ICICI and HDFC bank reduced the Home loan rates. Watch this special segment and get to know more here.
Next 18 months right period to buy residential properties in Mumbai, Delhi: Experts
Wed, May 10, 2017
As the RERA Act has come into effect from May 1, the industry experts have said that the next 18 months would be the right period for first time home buyer to buy residential properties in Mumbai, Delhi, among others.
Here's breakdown of how interest rate cut will help you to buy property
Wed, May 10, 2017
SBI and other banks have slashed their interest rates on home loans to boost affordable housing, find out how an interest rate cut will help you to buy property.
Normal rains to prop rural India; RBI likely to cut rates by 25 bps in August: BofAML
Wed, Apr 19, 2017
Bank of Americal Merrill Lynch has said that India's monsoon will revive the rural demand which in turn will allow the RBI to cut rates by 25 basis points in August this year.
RBI may keep interest rates unchanged on April 6; expects 25 bps cut in August: BofAML
Thu, Mar 30, 2017
Bank of America Merrill Lynch (BofAML) in its recent research note has said that RBI is likely to keep key interest rates unchanged on April 6 with further 25 basis points rate cut expectations in its next monetary policy meet on August 2.
Residential realty likely to witness weak sales, commercial & retail segment to record stable growth in 2017: Care Ratings
Mon, Feb 27, 2017
Care Ratings has projected India's residential real estate sector to witness low sales in 2017 on back of buyers waiting for more interest rate cut from the Reserve Bank of India (RBI), deferral of house buying decision among IT professionals, among others.
India's GDP likely to be 6.8% in 2016-17, RBI to maintain status quo on Feb 8: Ficci survey
Mon, Jan 30, 2017
Ficci in its latest survey has projected India's economy to grow 6.8% for the year 2016-17.
Interest Rate Cut: Real estate companies expect more to boost demand for housing
Thu, Jan 05, 2017
After all leading banks lowered their home loan rates, real estate developers are now expecting further rate cuts in order to boost demand for housing.
RBI seen cutting rates as demonetisation rattles economy: Reuters poll
Sat, Dec 03, 2016
The Reserve Bank of India (RBI) is expected to cut interest rates next week and economists are set to chop growth and inflation forecasts after Prime Minister Narendra Modi`s currency crackdown rattled the economy and severely hurt consumption, a Reuters poll showed.
RBI may front-load rate cut to December to support growth: DBS
Tue, Nov 29, 2016
While global uncertainties and rupee volatility suggest first quarter (Q1) of 2017 is a better time to ease rates, the Reserve Bank of India (RBI) may bring forward the rate cut to December to support growth and tap favourable inflation outlook, says a DBS report.