monetary policy
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Business
BoI raises lending rate by 10 basis points – Times of India
[ad_1] NEW DELHI: State-owned Bank of India (BoI) has announced a hike in lending rate by 10 basis points, a…
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Business
Wall Street ends slightly lower, capping blockbuster year
[ad_1] U.S. stocks closed modestly lower on Friday, the last trading day of 2023, capping a robust year-end rally as…
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Business
RBI continues battle against inflation; all eyes on possible rate cut in 2024
[ad_1] For five consecutive policy reviews in 2023, the Reserve Bank of India (RBI) chose to hold rates, citing inflation…
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Business
India’s resilient economy seen expanding 6.7% in FY24
[ad_1] New Delhi: The Indian economy is likely to grow 6.7% in FY24, according to a median forecast of 11…
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Pics News
Why Fed rate hikes take so long to affect the economy, and why that effect may last a decade or more
[ad_1] The U.S. economy continues to grow despite the 5.5% benchmark federal funds interest rate set by the Federal Reserve…
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Pics News
Zombie firms are filing for bankruptcy as the Fed commits to higher rates
[ad_1] In the U.S., 516 publicly listed firms have filed for bankruptcy from January through September 2023. Many of these…
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Business
Goods demand fades, services holds out hope
[ad_1] The pent-up demand fuelled by pandemic time savings is beginning to peter out for goods, but may last for…
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Business
Interest rates will stay high for now, says RBI Governor Shaktikanta Das
[ad_1] New Delhi: Reserve Bank of India (RBI) governor Shaktikanta Das said interest rates will stay high, without offering any…
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Business
State-run banks to lower bond purchases as liquidity tightens, treasury officials say – Times of India
[ad_1] MUMBAI: India’s state-owned banks will slow government bond purchases in the weeks ahead as banking system liquidity tightens, treasury…
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Business
Federal Reserve Governor Bowman says it will likely be appropriate to raise rates again – Times of India
[ad_1] Federal Reserve Governor Michelle Bowman on Saturday repeated her view that inflation continues to be too high despite “considerable”…
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