The move to cut the repo rate comes a week after Budget 2025 proposed making normal income up to Rs 12 lakh tax-free ...
Banks will pass on the rate cut benefit to those existing borrowers who took loans under the repo rate-linked floating interest rate system.
The repo rate, set by the RBI, influences borrowing costs for banks. A higher repo rate raises FD interest rates, attracting ...
While new borrowers can expect banks to revise their rates soon, existing borrowers will typically see the benefit at their ...
The RBI MPC reduced key lending rates by 25 basis points to 6.25%, the first rate cut in nearky five years under the leadership of newly appointed RBI Governor Sanjay Malhotra.
RBI had last reduced the repo rate by 40 basis points to 4 per cent in May 2020 to help the economy tide over the crisis ...
After three decades of near-zero inflation, there are signs that Japan’s economy can sustainably converge to a new equilibrium. Inflation has surpassed the Bank of Japan’s 2-percent target for over ...
The Minnesota Twins might not be done yet. Dan Hayes of The Athletic is reporting that “multiple league sources confirmed the ...
India is expected to cut interest rates for the first time in nearly five years on Friday to provide stimulus to its sluggish ...
The Bank of Japan is increasingly blaming chronic labour shortages, not stagnant demand, as the main reason for its weak ...
The bond market has already begun pricing in the potential for higher interest rates. Even the day after Trump’s election ...
Treasury Secretary Scott Bessent said President Donald Trump is looking for longer-term interest rates to fall.