Tag: Interest rate

India's forex jumps $12.8 billion to six-week high of $572.801 billion
Posted in Economy

India’s forex jumps $12.8 billion to six-week high of $572.801 billion

India‘s foreign exchange stockpile has jumped $12.8 billion in the week ending March 17, its biggest jump in four-and-a-half months due to revaluation of gold…

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Posted in Economy

India’s Finance Ministry to make a case for higher sovereign rating

The finance ministry will make a pitch to global rating agencies in the coming days for an upgrade in India‘s sovereign rating, citing a sharp…

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Global GDP: OECD raises 2023 global GDP growth forecast to 2.6%
Posted in Economy

Global GDP: OECD raises 2023 global GDP growth forecast to 2.6%

The OECD raised its global economic growth forecast on Friday as inflation eases and China emerges from Covid restrictions, but warned of vulnerabilities as seen…

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interest rate: RBI may be better placed than Fed, ECB to pause on rates
Posted in Economy

interest rate: RBI may be better placed than Fed, ECB to pause on rates

The Reserve Bank of India may be in a better position to pause on the interest rate increase cycle amid rising financial instability even as…

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Ashima Goyal: Need to rethink long-term inflation target: MPC member Ashima Goyal
Posted in Economy

Ashima Goyal: Need to rethink long-term inflation target: MPC member Ashima Goyal

With prices on a steady rise across the world over the past few years, there may be a need to rethink long-term inflation targets, Monetary…

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Posted in Economy

India inflation: Inflation trajectory isn’t the pole star guiding India’s future rate actions

India’s retail inflation print stayed above the central bank’s mandated tolerance ceiling for a second straight month in February. However, some analysts expect it to…

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rbi: RBI may hike benchmark lending rates by 25 bps in April policy: DBS Research
Posted in Economy

rbi: RBI may hike benchmark lending rates by 25 bps in April policy: DBS Research

The Reserve Bank is likely to hike benchmark lending rates by 25 basis points in its bi-monthly policy next month to bring down inflation within…

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Inflation: Inflation expected to come down over the year: RBI MPC member Ashima Goyal
Posted in Economy

Inflation: Inflation expected to come down over the year: RBI MPC member Ashima Goyal

Inflation is expected to come down over the year, RBI Monetary Policy Committee (MPC) member Ashima Goyal said on Sunday, asserting that the government’s supply-side…

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India inflation: Sky-high prices burn Indians’ pockets, drag savings to 30-year low amid K-shaped recovery

Indians are feeling the pinch of soaring prices, passed on by companies across industries to save their margins from high input costs. As the low-to-mid…

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DBS Bank FD Interest Rates: DBS Bank revises FD interest rates: senior citizens can earn up to 8%
Posted in Finance

DBS Bank FD Interest Rates: DBS Bank revises FD interest rates: senior citizens can earn up to 8%

DBS Bank has revised the interest rates of its fixed deposits below Rs 2 crore. After the revision, DBS Bank offers interest rates ranging from…

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