News for 'Interest Rate'

Home Loans: Banks Roll Out Festive Offers

Home Loans: Banks Roll Out Festive Offers

Rediff.com6 Oct 2025

'Do exhaustive research and then select the one that best fits your budget and requirements.'

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com26 Oct 2025

In an event-heavy week, stock investors will track ongoing quarterly earnings, the US Federal Reserve's interest rate decision, and macroeconomic data for market direction, analysts said. Moreover, progress in India-US trade negotiations will remain a key focus for investors, an expert said.

Sarvam Maya Review: Middling Entertainer

Sarvam Maya Review: Middling Entertainer

Rediff.com2 Feb 2026

Sarvam Maya banks on its leading man, Nivin Pauly, who grasps at straws and makes the improbable scenes work with his charm, notes Arjun Menon.

50 bps cut in interest rate likely by March 2025: Axis Mutual Fund

50 bps cut in interest rate likely by March 2025: Axis Mutual Fund

Rediff.com28 Oct 2024

'Investors can consider staying invested in long duration products as there is a possibility of rate cuts in the near term.' Positive macros - lower inflation, high forex reserves and favourable demand-supply dynamics for government bonds - make a strong case for rate cuts from December, says Devang Shah, head of fixed income, Axis Mutual Fund. In an interview with Abhishek Kumar in Mumbai, Shah says this view may not hold true if commodity prices go up sharply.

'Interest rate hike impacts power projects'

'Interest rate hike impacts power projects'

Rediff.com20 Feb 2007

CFO of Lanco Group, Suresh Kumar explains how interest rate hikes would affect their project.

India look to fix spin woes in Indore decider vs New Zealand

India look to fix spin woes in Indore decider vs New Zealand

Rediff.com16 Jan 2026

Kuldeep, spin strategy in focus as India prepare for Indore decider

Economy picked up steam in Oct on GST rejig, festival spends

Economy picked up steam in Oct on GST rejig, festival spends

Rediff.com25 Nov 2025

Notwithstanding global headwinds, the Indian economy saw further momentum in October on the back of goods and services tax (GST) rate rationalisation and festival spending, as indicated by high-frequency indicators, the Reserve Bank of India's (RBI's) monthly State of the Economy report said.

Interest rates to remain soft: FM

Interest rates to remain soft: FM

Rediff.com17 Jun 2005

Finance Minister P Chidambaram on Friday sought to allay fears that interest rates will go up in the face of the decision of ICICI Bank and HDFC to hike home loan rates by 0.50 per cent.

Govt approves 8.5% interest rate on EPF for FY'21

Govt approves 8.5% interest rate on EPF for FY'21

Rediff.com29 Oct 2021

The government has approved 8.5 per cent rate of interest on employees' provident fund for the 2020-21 fiscal, a source said. Just ahead of Diwali, this is a good news for over five crore subscribers of the Employees Provident Fund Organisation (EPFO). The 8.5 per cent rate of interest on provident fund deposits for the last financial year was decided by the EPFO's apex decision making body Central Board of Trustees (CBT) headed by Labour Minister in March this year.

MPC members voiced different views on interest rate

MPC members voiced different views on interest rate

Rediff.com23 Dec 2022

The members of the Reserve Bank of India's (RBI's) Monetary Policy Committee (MPC) voiced different views on the interest rate and stance, with two of them indicating they may not vote for further rate increases even if Governor Shaktikanta Das and Deputy Governor Michael Patra maintain bringing down inflation as their primary objective, the minutes of the December review of the monetary policy showed. The other two members remained neutral. The MPC increased the policy repo rate by 35 basis points (bps) - which was lower than the previous three hikes of 50 bps. The repo rate has been hiked by 225 bps to 6.25 per cent since May this year.

India-Pakistan Final Sends Ad Rates Soaring

India-Pakistan Final Sends Ad Rates Soaring

Rediff.com27 Sep 2025

Advertisers will pay 18 lakh to 25 lakh per 10 seconds, a 10% to 20% increase over the last Asia Cup final.

8.1% EPF interest rate for 2021-22 is over 40-year low

8.1% EPF interest rate for 2021-22 is over 40-year low

Rediff.com3 Jun 2022

The government has approved 8.1 per cent rate of interest on employees' provident fund (EPF) deposits for 2021-22 -- an over four-decade low -- for about five crore subscribers of retirement fund body EPFO. Earlier in March this year, the Employees' Provident Fund Organisation (EPFO) had decided to lower the interest on provident fund deposits for 2021-22 to 8.1 per cent from 8.5 per cent provided in 2020-21. According to an EPFO office order issued on Friday and reviewed by PTI, the Ministry of Labour and Employment has conveyed approval of the central government to credit 8.1 per cent rate of interest for 2021-22 to each member of the EPF scheme.

Suryakumar Flops Again!

Suryakumar Flops Again!

Rediff.com8 Jan 2026

Suryakumar Yadav suffered another failure during Mumbai's Vijay Hazare Trophy match against Punjab on Thursday.

Drowning In EMIs At 25? Here's The Fix!

Drowning In EMIs At 25? Here's The Fix!

Rediff.com20 Jan 2026

Ask rediffGURU Reetika Sharma your insurance, mutual fund and personal finance-related questions.

Explained: How FTA with EU will help boost India's exports

Explained: How FTA with EU will help boost India's exports

Rediff.com28 Jan 2026

India and the European Union (EU) on Tuesday announced the conclusion and finalisation of negotiations for the proposed free trade agreement (FTA).

Wholesale price inflation falls to (-) 1.21% in Oct on GST cut

Wholesale price inflation falls to (-) 1.21% in Oct on GST cut

Rediff.com14 Nov 2025

Wholesale price inflation (WPI) fell to (-) 1 .21 per cent in October, driven by a decline in prices of food articles like pulses and vegetables, as well as lower fuel and manufactured items' prices, government data showed on Friday.

RBI allows banks to give loans to manufacturers using gold as raw material

RBI allows banks to give loans to manufacturers using gold as raw material

Rediff.com30 Sep 2025

The Reserve Bank of India (RBI) has allowed banks to grant need-based working capital loans to manufacturers using gold as raw material, extending the provision currently available only to jewellers. Banks are generally prohibited from lending for the purchase of gold/silver in any form, or lending against the security of primary gold/silver.

Budget 2026: Is Customs Amnesty Scheme On The Cards?

Budget 2026: Is Customs Amnesty Scheme On The Cards?

Rediff.com7 Jan 2026

Total pending Customs arrears, including amounts under litigation, court stays and cases where the appeal period has not expired, stood at about Rs 1.36 trillion at the end of December 2024.

US Fed hikes interest rates by 75 percentage points to combat inflation

US Fed hikes interest rates by 75 percentage points to combat inflation

Rediff.com16 Jun 2022

The US Federal Reserve on Wednesday (local time) raised interest rates by 75 basis points (bps) or three-quarters of a percentage point in the boldest move since 1994.

Air, Water Purifiers: GST Council May Weigh 5% Levy

Air, Water Purifiers: GST Council May Weigh 5% Levy

Rediff.com30 Dec 2025

The GST Council at its next meeting may consider a reduction in taxes on air and water purifiers as air quality across the country worsens and access to safe drinking water remains uneven.

Interest rate: Exporters urge RBI intervention

Interest rate: Exporters urge RBI intervention

Rediff.com31 Jul 2009

In a release on Thursday, A Sakthivel, president, TEA said, "It was a disappointment that there was no announcement on the reduction of interest rate given to the MSME Export Sector, which is urgently needed to have a competitive edge for sustaining in the global market."

Why FII/DII Data is Every Trader's Hidden Edge

Why FII/DII Data is Every Trader's Hidden Edge

Rediff.com25 Nov 2025

Assessing where their funds are flowing gives traders a hidden edge in predicting the market direction and momentum.

US Fed raises interest rates by 75 basis points to tame inflation

US Fed raises interest rates by 75 basis points to tame inflation

Rediff.com28 Jul 2022

In the backdrop of an over four-decade high inflation, the US Federal Open Market Committee has raised its key policy interest rate by 75 basis points to 2.25-2.50 per cent, anticipating that the increase in the interest rates will be "appropriate". Hiking interest rates typically cool demand in the economy, thereby putting a brake on the inflation rate. The US Federal Reserve in its June meeting too raised the interest rate by 75 basis points, which was the steepest hike since 1994.

Bank of Baroda, HDFC Bank reduce lending rates

Bank of Baroda, HDFC Bank reduce lending rates

Rediff.com8 Jun 2025

State-owned Bank of Baroda (BoB) on Sunday said it has cut its benchmark lending rate linked to repo rate by 50 basis points in line with the RBI's rate reduction. Meanwhile, private sector HDFC Bank reduced its Marginal Cost of Funds-based Lending Rates (MCLR) by 10 basis points across tenure, which will benefit borrowers whose loans are linked to this benchmark.

How interest rates impact the currency

How interest rates impact the currency

Rediff.com11 Aug 2014

Conversely a rate hike may have positive effects if it triggers currency appreciation.

Banks raised Rs 55K crore through CDs in fortnight ended Nov 14

Banks raised Rs 55K crore through CDs in fortnight ended Nov 14

Rediff.com24 Nov 2025

With deposit growth remaining sluggish and the credit - deposit ratio of commercial banks crossing 80 per cent, banks have ramped up their borrowing in the certificate of deposit (CD) market. In the fortnight ended November 14, CD issuances climbed to nearly Rs 55,000 crore - double the borrowings of the preceding two fortnights and the highest since the September 19 fortnight.

Further hike in interest rates unlikely

Further hike in interest rates unlikely

Rediff.com23 Sep 2008

With tightening in liquidity condition and expected decline in the inflation by early 2009, there is only a remote possibility of further hike in interest rate by the Reserve Bank, the US-based investment banker Goldman Sachs said in a report. Further, given the current global environment of tight liquidity and the central banks move last week to ease liquidity conditions, any further cash reserve ratio hike is firmly ruled out, it said.

'India Has More Job Opportunities Than Skilled People'

'India Has More Job Opportunities Than Skilled People'

Rediff.com23 Jan 2026

'Given that the population is almost evenly split, the Indian economy cannot grow without women participating in the workforce.' 'While women's participation has increased, it is still well below 40 per cent,' says Kartik Narayan, CEO of the professional networking and jobs platform, Apna.

Interest rate cut needed for growth: Montek

Interest rate cut needed for growth: Montek

Rediff.com18 Dec 2012

RBI has chosen to keep all key rates and ratios unchanged in its policy review unveiled earlier in the day.

How insurers stand to gain from GST rate cut

How insurers stand to gain from GST rate cut

Rediff.com4 Dec 2025

The exemption of individual life and health insurance premiums from the Goods and Services Tax (GST) enables the insurance industry to make products affordable and attractive, said Ajay Seth, chairman of Insurance Regulatory and Development Authority of India (Irdai) at the Business Standard BFSI Insight Summit 2025.

Govt borrowing may hike interest rates

Govt borrowing may hike interest rates

Rediff.com23 Jul 2009

The government's huge borrowing to fund the high fiscal deficit could jack up interest rates, but if used efficiently, this could boost the Indian economy, reeling under a global meltdown, according to economists.

Interest rates may rise: SBI

Interest rates may rise: SBI

Rediff.com25 May 2006

EPFO will not revise interest rate downward: Government

EPFO will not revise interest rate downward: Government

Rediff.com19 Feb 2016

Trade unions' had demanded 8.9 per cent interest rate.

How interest rates affects oil prices

How interest rates affects oil prices

Rediff.com9 Jan 2008

Dan Denning analyses the correlation between the soaring oil prices and banking rates in the Western world.

Vijay Hazare: Hardik goes ballistic; Sarfaraz trumps Abhishek

Vijay Hazare: Hardik goes ballistic; Sarfaraz trumps Abhishek

Rediff.com8 Jan 2026

Hardik Pandya's dazzling performance with both bat and ball powered Baroda to an emphatic 149-run victory against Chandigarh.

RBI Governor Raghuram Rajan's interest rate dilemma

RBI Governor Raghuram Rajan's interest rate dilemma

Rediff.com19 Nov 2014

It would be beneficial for the economy to hold on to high interest rates till inflation numbers are under control.

Interest rates to fall soon: ICICI Bank

Interest rates to fall soon: ICICI Bank

Rediff.com19 Jan 2009

The country's largest private lender ICICI Bank on Monday said that interest rates are expected to come down in the next one-and-a-half months.

Tilak Varma undergoes emergency surgery, T20 WC in doubt

Tilak Varma undergoes emergency surgery, T20 WC in doubt

Rediff.com8 Jan 2026

Tilak Varma underwent emergency surgery in Rajkot after complaining of severe abdominal pain while playing in the Vijay Hazare Trophy for Hyderabad.

Interest rates to rise: Kochhar

Interest rates to rise: Kochhar

Rediff.com20 Aug 2009

The country's largest private sector lender ICICI Bank on Thursday said lending rates will start going up any time now, quite contrary to the SBI chairman's projection that borrowers can breathe easy till Diwali.

RBI imposes Rs 91 lakh penalty on HDFC Bank

RBI imposes Rs 91 lakh penalty on HDFC Bank

Rediff.com28 Nov 2025

A penalty of Rs 91 lakh has been imposed on HDFC Bank for violating certain provisions of the Banking Regulation Act, the Reserve Bank said on Friday. The penalty has been imposed on the private sector lender for deficiencies in statutory and regulatory compliance, including those related to Know Your Customer (KYC).