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EPFO Board recommends interest rate of 8.65% for 2018-19
Thu, Feb 21, 2019
The Board of retirement fund body Employees’ Provident Fund Organisation (EPFO) has recommended an interest rate of 8.65 percent for FY19, 10 basis points higher than FY18, to its six crore subscribers.
EPFO may hike interest rates on provident fund deposits
Thu, Feb 21, 2019
The Board of retirement fund body Employees’ Provident Fund Organisation (EPFO) may recommended a hike interest rates on provident fund deposits today. Watch the video to know more.
Taking out a personal loan? Do not do this one thing
Thu, Nov 01, 2018
If you look at interest rates, high or low, then you are making a mistake as you can lose plenty!
What is flat interest rate? This is how you are trapped by your home loan, car loan, loan against property!
Wed, Oct 31, 2018
Took a loan from a bank? Feel like you are trapped now? Check out the villain who spoiled your life here! It is none other than the flat interest rate!
EPF interest: Govt hits tax payers, lowers rate at 8.55% for 2017-18
Thu, Feb 22, 2018
Retirement fund body EPFO has lowered the rate of interest on employees provident fund to 8.55 per cent for its over 6-crore subscribers for 2017-18, from 8.65 per cent in the previous fiscal.
Asian markets slip as Fed rate hike worries sour sentiment
Thu, Feb 22, 2018
Most Asian share markets followed S&P 500 futures lower on Thursday as speculation of faster hikes in U.S interest rates soured risk appetite globally.
Next bear market will trigger from some place we’re not watching: Jim Rogers
Tue, Feb 06, 2018
Jim Rogers also said the next meltdown may surprise us all, originating from some place we are not looking into.
US Fed leaves rates unchanged, sees inflation rising this year
Thu, Feb 01, 2018
Citing solid gains in employment, household spending and capital investment, the Fed said it expected the economy to expand at a moderate pace
Fed expected to keep interest rates steady as Yellen era ends
Wed, Jan 31, 2018
Investors will focus on the US central bank`s gauge of inflation, which remains stubbornly below its 2 percent target, the risks it sees to its economic outlook, and any assessment of the impact of the Trump administration`s tax overhaul on growth.
Gold climbs back towards 17-month peak as dollar slips
Fri, Jan 26, 2018
Dollar weakness tends to benefit assets priced in the U.S. unit, which become more affordable for holders of other currencies, while ultra-low interest rates cut the opportunity cost of holding non-yielding bullion.
BOJ keeps policy unchanged, slightly more upbeat on inflation outlook
Tue, Jan 23, 2018
As widely expected, the BOJ maintained a pledge to guide short-term interest rates at minus 0.1 percent and 10-year bond yields around zero percent at its two-day rate review that ended on Tuesday.
PNB hikes interest on term deposits by up to 1.25%
Sun, Dec 31, 2017
Public sector Punjab National Bank today announced raising interest rates by up to 1.25 per cent on domestic term deposits of up to Rs 10 crore for different tenures, effective January 1, 2018.
Global Markets: Asian shares rise amid US tax cut hopes; China in focus
Mon, Dec 18, 2017
Global stock markets have surged this year, largely led by expectations of a US tax overhaul. The reform is seen boosting corporate profits, triggering share buybacks and higher dividend payouts - a boon for shareholders.
US stocks tick down after Fed hikes rates
Fri, Dec 15, 2017
US stocks reversed early gains to end lower as investors continued to digest the Federal Reserve`s decision to raise interest rates for the third time in 2017.
RBI holds repo rate at 6%; here's what experts have to say
Wed, Dec 06, 2017
RBI expected to hold key interest rate on Wednesday
Mon, Dec 04, 2017
The central bank had earlier, in August reduced the repo, or its repurchase rate by 0.25 percentage points to six per cent.
EPF subscribers may get lower interest rates, govt to decide on November 23
Fri, Nov 10, 2017
Provident fund subscribers may get lower interest rates at higher returns for FY18.
Indian markets open higher on RBI refusing to cut interest rates
Thu, Oct 05, 2017
Sensex of the BSE, which had closed at 31,671.71 points on Wednesday, opened higher at 31,725.85 points.
RBI chooses inflation over growth, keeps repo rate unchanged
Wed, Oct 04, 2017
RBI has decided to keep key rates unchanged during its bi-monthly monetary policy meeting in Mumbai on October 4, 2017. RBI also revised GVA growth downwards to 6.7% from its earlier projection of 7.3%.
India August inflation seen at 5-month high on rising food costs: Reuters poll
Mon, Sep 11, 2017
India`s retail inflation is expected to have picked up to a five-month high in August, largely driven by higher food costs, a Reuters poll showed, easing pressure on the Reserve Bank of India (RBI) to cut interest rates again after poor growth data.