News for 'interest rate'

Gold, silver may extend rally this week

Gold, silver may extend rally this week

Rediff.com28 Sep 2025

Gold and silver prices are expected to maintain their upward trajectory this week, but may see late profit-booking amid the release of a series of crucial global economic indicators, analysts said. On the economic front, traders will closely monitor the manufacturing/ services PMI data from across regions and the US non-farm payrolls/ employment data along with consumer confidence for the month of September and speeches from several Federal Reserve officials, they added.

Kashmiri Pandits Are Not A Priority For BJP'

Kashmiri Pandits Are Not A Priority For BJP'

Rediff.com24 Oct 2025

'The BJP only talks of Kashmiri Pandits when elections are held.'

IIP numbers call for an interest rate cut

IIP numbers call for an interest rate cut

Rediff.com14 Mar 2016

The absence of any recovery in investment is underlined by the capital goods sector.

Will Japan's Iron Lady Deepen India-Japan Ties?

Will Japan's Iron Lady Deepen India-Japan Ties?

Rediff.com15 Oct 2025

As a protege of Shinzo Abe, Takaichi is expected to scale bilateral ties much higher. Trade and investment shall grow. People-to-people contacts shall be scaled up, points out Dr Rajaram Panda.

Abhishek Shines Among The Ruins At MCG

Abhishek Shines Among The Ruins At MCG

Rediff.com1 Nov 2025

Abhishek Sharma waged a lone battle with an entertaining 68 from 37 balls in the second T20I against Australia at MCG on Friday.

Gold hits lifetime high of Rs 1.05 lakh/10g on tariff jitters

Gold hits lifetime high of Rs 1.05 lakh/10g on tariff jitters

Rediff.com1 Sep 2025

Rising for the sixth consecutive session, gold prices rallied Rs 1,000 to hit yet another record high of Rs 105,670 per 10 grams in the national capital on Monday, lifted by expectations of a rate cut by the US Federal Reserve this month and robust demand in overseas markets.

FM advises state-run banks to cut interest rates

FM advises state-run banks to cut interest rates

Rediff.com3 Jul 2013

The Reserve Bank of India has cut repo rates, the rate at which it lends money to banks, by 75 basis points since January this year, but most banks have not lowered lending rates.

ITC Q2 consolidated net profit up 2.6% at Rs 5,187cr

ITC Q2 consolidated net profit up 2.6% at Rs 5,187cr

Rediff.com31 Oct 2025

Diversified conglomerate ITC Ltd on Thursday reported a 2.6 per cent year-on-year rise in consolidated net profit to Rs 5,187 crore for the second quarter of the 2025-26 fiscal (FY'26) as compared to Rs 5,054 crore in the same period last year. However, the current quarter's figures exclude the hotels business, which was demerged into ITC Hotels Ltd effective from January 2025 and is no longer part of the company's continuing operations.

M&M, Manulife to form life insurance JV with 7,200 crore investment

M&M, Manulife to form life insurance JV with 7,200 crore investment

Rediff.com14 Nov 2025

Canadian firm Manulife and Mahindra & Mahindra (M&M), an Indian automaker with interests in financial services, have signed an agreement to form a 50:50 life insurance joint venture (JV) with a total capital commitment of up to Rs 3,600 crore each totalling Rs 7,200 crore.

Kaantha Review: Dulquer Salman Is Riveting

Kaantha Review: Dulquer Salman Is Riveting

Rediff.com14 Nov 2025

Kaantha is a peculiar love letter to cinema that tries to integrate various genres and craft a riveting central dilemma with great eloquence and clarity, observes Arjun Menon.

Why credit card interest rates will remain high

Why credit card interest rates will remain high

Rediff.com4 Feb 2009

The Supreme Court stayed the National Consumer Commission's order, which had capped the interest rate chargeable on credit card holders at 30 per cent. The verdict will allow banks to levy any interest rate they consider applicable to card holders. In their appeal, the banks said they were following the guidelines of the RBI, which was the only authority to regulate the fixing of the interest. The commission had no jurisdiction to pass an order directly to the banks.

Nobody Wants This Season 2 Review: Relatable Rom-Com

Nobody Wants This Season 2 Review: Relatable Rom-Com

Rediff.com24 Oct 2025

Nobody Wants This Season 2 might not reinvent the rom-com wheel, but it proves that messy love stories can be meaningful, relatable, and totally watchable, notes Divya Nair.

FPIs dump equities worth Rs 21,000 cr in first half of Aug

FPIs dump equities worth Rs 21,000 cr in first half of Aug

Rediff.com17 Aug 2025

Foreign investors offloaded Indian equities worth nearly Rs 21,000 crore in the first half of August, pressured by US-India trade tensions, lacklustre first-quarter corporate earnings, and a weakening rupee.

Why SIP Beats EMI in the Long Run

Why SIP Beats EMI in the Long Run

Rediff.com29 Oct 2025

EMI means you've already spent tomorrow's income; SIP means you're investing today's income to secure tomorrow, explains Ramalingam Kalirajan

BoB increases interest rate on NRE deposits

BoB increases interest rate on NRE deposits

Rediff.com8 Dec 2003

Bank of Baroda has revised upwards the interest rates on Non-Resident External deposits for various maturities by 0.05 to 0.1 per cent.

How the markets will fare this week

How the markets will fare this week

Rediff.com27 Jul 2025

Stock markets are in for an event-heavy week ahead with a raft of Q1 earnings from blue-chips, the US Fed interest rate decision and foreign investors trading activity driving investors' sentiment, analysts said. Macroeconomic data announcements, monthly auto sales numbers and global market trends would also guide movement in the domestic equities, they said.

'Commodity prices did rise as interest rates fell'

'Commodity prices did rise as interest rates fell'

Rediff.com31 May 2008

Commodity prices did rise as interest rates fell.

Steel industry flags price pressure from cheap imports

Steel industry flags price pressure from cheap imports

Rediff.com27 Oct 2025

Ahead of the key meeting called by the steel ministry with the industry captains on Monday to discuss the impact of rising steel imports, companies have raised the issue of cheaper 'substandard' inflows from China, Vietnam, and South Korea, saying they are setting the benchmark for domestic prices and squeezing the profitability of Indian producers.

Bankers wait for RBI stance on interest rates

Bankers wait for RBI stance on interest rates

Rediff.com2 Apr 2008

In addition, the resource position in the system is comfortable as the government begins spending without having fiscal targets in the immediate sight. Also, state governments step up expenditure during the dry season and these measures create liquidity. In fact, they see signs of hardening of rates, though the final decision will depend on signals that come from the Reserve Bank of India over the next few weeks.

RBI cuts policy rate by 25 bps to 6.25%, first reduction in five years

RBI cuts policy rate by 25 bps to 6.25%, first reduction in five years

Rediff.com7 Feb 2025

The RBI under new Governor Sanjay Malhotra on Friday cut interest rate for the first time in nearly five years as the central bank pivoted the policy stance to support a shuttering economy. The 25 basis points rate cut to 6.25 per cent comes after last rate reduction in May 2020. The last revision of rates happened in February 2023 when the policy rate was hiked by 25 basis points to 6.5 per cent.

LVB customers can access all services; interest rates remain same: DBS

LVB customers can access all services; interest rates remain same: DBS

Rediff.com30 Nov 2020

DBS Bank India on Monday said customers of Lakshmi Vilas Bank, which has now been merged with it, can continue to access all banking services, and interest rates on savings and fixed deposits are unchanged as of now. Lakshmi Vilas Bank (LVB) has now been amalgamated with DBS Bank India Ltd (DBIL), the wholly-owned subsidiary of DBS Group Holdings Ltd, DBS Bank India said in a statement.

Ditch Quick-Money Lures This Diwali!

Ditch Quick-Money Lures This Diwali!

Rediff.com20 Oct 2025

: Build lasting wealth via disciplined, long-term mutual fund investing in India's compounding marathon, Shanaihi, Shanaihi, says Ramalingam Kalirajan

Why investors are bullish about hospital stocks

Why investors are bullish about hospital stocks

Rediff.com22 Oct 2025

While Q2FY26 is expected to be mildly disappointing for the hospital sector, there's a lot of investor optimism for the future. This comes after a favourable revision in rates for Central Government Health Scheme (CGHS) procedures, as well as expectations of rising occupancy and growth in average revenue per operating bed (ARPOB).

No hike in interest rates in the near future: FM

No hike in interest rates in the near future: FM

Rediff.com1 May 2008

Finance Minister P Chidambaram said that he does not expect any increase in interest rates by PSU banks in reasonable future.Loans to individual housing sectors grew by 16.44 per cent to touch Rs 1,48,489 crore (Rs 1484.89 billion) as on March, against Rs 1,27,522 crore (Rs 1275.22 billion) a year-ago.

What effect will US Fed's rate cut have on India?

What effect will US Fed's rate cut have on India?

Rediff.com19 Sep 2024

The impact of the US Federal Reserve's move to cut the benchmark interest rate will be muted for India as it was mostly priced in, Chief Economic Advisor V Anantha Nageswaran said on Thursday. He said that the Indian stock market is already attracting investor interest and overall the rate cut is positive for emerging markets.

Growth gains ahead for Axis Bank

Growth gains ahead for Axis Bank

Rediff.com24 Oct 2025

Axis Bank reported a sharp drop in net profit in the second quarter of financial year 2026 (Q2FY26) on higher provisions and weak operating profit growth while revenue growth was moderate. But loan growth and deposit growth improved to double-digits year-on-year (Y-o-Y) and asset quality also improved with the gross non-performing loan or NPL ratio moving down.

Why The Americans Were Opposed To Agni

Why The Americans Were Opposed To Agni

Rediff.com6 Nov 2025

'The heat shield technology for re-entry vehicles was first mastered in DRDO for the Agni missile.' 'This is why the Americans were so opposed to Agni in the 1980s, unlike other missiles -- it was a re-entry vehicle.'

'GST 2.0 Great Opportunity For Insurance Biz To Make Products Affordable'

'GST 2.0 Great Opportunity For Insurance Biz To Make Products Affordable'

Rediff.com3 Nov 2025

'The government is putting insurance in the same category as food, which is essential for life.' 'Now this is an opportunity for the sector to focus on the consumer.'

Rupee falters; uncertainty lingers about interest rates

Rupee falters; uncertainty lingers about interest rates

Rediff.com23 Jan 2014

The rupee has avoided the heavy losses suffered by some emerging Asian currencies such as the Philippine peso this year because of its efforts to narrow the current account deficit, and strong foreign investor inflows.

RBI keeps interest rates unchanged for 5th time in a row

RBI keeps interest rates unchanged for 5th time in a row

Rediff.com7 Apr 2021

The Reserve Bank of India on Wednesday expectedly left interest rates unchanged and maintained an accommodative stance as the economy faces a renewed threat to growth due to the resurgence of coronavirus cases.

Sensex, Nifty end lower on mounting geopolitical tensions

Sensex, Nifty end lower on mounting geopolitical tensions

Rediff.com19 Jun 2025

From the Sensex firms, Adani Ports, Bajaj Finance, Tech Mahindra, IndusInd Bank, Nestle and Tata Steel were among the major laggards. In contrast, Mahindra & Mahindra, Titan, Larsen & Toubro, Bharti Airtel and Maruti were among the gainers.

RBI to Hold Rates Steady at 6.50%

RBI to Hold Rates Steady at 6.50%

Rediff.com29 Nov 2024

'The RBI's MPC will maintain the current policy rates (6.50%) at the policy meeting, given ongoing inflationary pressures.'

RBI stays EMIs for 3 months, cuts interest rate, CRR

RBI stays EMIs for 3 months, cuts interest rate, CRR

Rediff.com27 Mar 2020

Financial markets are under stress and require steps by the central bank for market stability and revival of economic growth, he said while announcing the decisions taken by the Monetary Policy Committee in Mumbai.

MPC to decide on interest rates in Oct 4 policy: Rajan

MPC to decide on interest rates in Oct 4 policy: Rajan

Rediff.com9 Aug 2016

With the setting of MPC, the interest rate setting powers would move from RBI Governor to the panel.

No hike in interest rates on cards: SBI chief

No hike in interest rates on cards: SBI chief

Rediff.com25 Sep 2009

In the recent past, the country's largest bank has been aggressive in cutting the lending rates, especially for those buying homes and cars. It is extending both these loans at eight per cent interest per annum. Earlier this week, finance minister Pranab Mukherjee said in Kolkata that he was against a tight money policy.

How To Save Money Under New Tax Regime

How To Save Money Under New Tax Regime

Rediff.com3 Oct 2025

Most think tax-saving deductions exist only in the old regime. But the New one quietly retains 40+ ways to ease your tax load

Sensex, Nifty rise 1% as Fed keeps interest rates unchanged

Sensex, Nifty rise 1% as Fed keeps interest rates unchanged

Rediff.com22 Sep 2016

Rate-sensitive sectors like banks, auto and realty witnessed strong buying demand in trades today

SBI cuts interest rates on home, auto loans

SBI cuts interest rates on home, auto loans

Rediff.com30 Sep 2003

The State Bank of India has cut interest rates on home and auto loans by 0.25 to 1.5 per cent even as the bank has introduced new tenure brackets in housing segment effective from Wednesday to grow faster in the highly competitive retail sector.