Last Updated: Saturday, July 25, 2015, 09:16
The rate forecast was included with a series of bearish projections on U.S. economic growth and inflation that were presented to policymakers at their June 16-17 meeting.
Last Updated: Friday, July 24, 2015, 17:30
Non-banking finance company Sundaram Finance has announced 50 basis points downward revision in interest rates on deposits with immediate effect.
Last Updated: Thursday, July 23, 2015, 15:37
The Reserve Bank is likely to keep interest rates on hold in the next month's monetary policy meet, but may slash the key lending rate by a 50-75 basis points by March 2016, Morgan Stanley on Thursday said.
Last Updated: Friday, July 17, 2015, 17:51
The dollar looked set for its biggest weekly rise since May on Friday as economic data reinforced expectations of a U.S. interest rate hike this year, with European shares holding steady on the view that Greece will secure a bailout.
Last Updated: Tuesday, July 14, 2015, 17:00
The Reserve Bank is likely to cut interest rates in its upcoming monetary policy review next month despite retail inflation surging to an eight-month high in June, rating agency Moody's said Tuesday.
Last Updated: Sunday, July 12, 2015, 14:09
A hike in interest rates by the US, it is feared, could result in the flight of capital from the emerging markets including India.
Last Updated: Thursday, July 9, 2015, 07:51
South Korea`s central bank left its benchmark interest rate unchanged at a record low of 1.5 percent Thursday, as officials monitor the economic fallout from an outbreak of the MERS virus.
Last Updated: Thursday, July 2, 2015, 14:45
Sweden`s central bank announced Thursday a 10-basis-point cut to its key interest rate, the repo rate, to -0.35 percent, and increased its bond purchases, citing uncertainty over the Greek crisis.
Last Updated: Wednesday, July 1, 2015, 12:01
The government on Wednesday said it's currently examining the funds requirement of public sector banks over the next 3 years and promised required capital support as part of a comprehensive package to strengthen them.
Last Updated: Wednesday, June 24, 2015, 11:15
Companies in India recorded the steepest fall in confidence, logging 84 from 97 in the previous quarter, as fervour over the election of pro-business Prime Minister Narendra Modi last year gives way to anxiety about whether two rate cuts this year can reignite a sluggish economy.
Last Updated: Tuesday, June 23, 2015, 13:53
The downturn in India's business sentiment seems to have bottomed out as listed firms reported significant improvement in production levels, domestic as well as export orders this month, a survey said Tuesday.
Last Updated: Thursday, June 18, 2015, 00:07
The Federal Reserve left its benchmark interest rate unchanged at near zero Wednesday, while describing US economic growth as "moderate" after the winter slowdown.
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