Veteran banker K V Kamath stresses the importance of reskilling and education reforms to leverage artificial intelligence (AI) in India, advocating for practical applications over expensive foundational models.
The government on Friday said interest rates will remain attractive to depositors as well as borrowers and the Reserve Bank of India would address the issue of shortage of lendable money in the system.
The Reserve Bank of India's rate-setting panel on Wednesday began its three-day deliberations on the next bi-monthly monetary policy amid expectations of at least a 35-basis-point hike in the interest rate to check high inflation. If raised, it will be the third consecutive hike in the repo rate -- the short-term rate at which the RBI lends money to banks. The central bank has already announced to gradually withdraw its accommodative monetary policy stance.
'In investing, poor sentiment is always a good vintage to build a portfolio.'
Some of the indirect links between interest rates and the stock market and show you how they might affect your life.
The Reserve Bank of India (RBI) on Monday allowed microfinance lenders to fix interest rates on loans with a rider that those should not be usurious for the borrowers. A microfinance loan is defined as a collateral-free loan given to a household having an annual income of up to Rs 300,000. Each regulated entity (RE) should put in place a board-approved policy regarding pricing of microfinance loans, said the 'Master Direction - Reserve Bank of India (Regulatory Framework for Microfinance Loans) Directions, 2022'. In the past, the central bank used to announce the rates on quarterly basis.
Analysts predict that the ongoing conflict in West Asia, crude oil price fluctuations, and the US Federal Reserve's interest rate decision will significantly influence the Indian equity market this week.
By the time Ikka reaches its overblown finale, complete with a redundant trick ending, the verdict becomes clear: Melodrama wins, logic loses, observes Mayur Sanap.
Lucknow Super Giants are reportedly set to release captain Rishabh Pant, with the wicketkeeper-batter likely to return to his former franchise Delhi Capitals in a major IPL trade, ESPNcricinfo reported.
The word 'zero' is the bait used to lure gullible buyers. In reality, the customer ends up paying an interest rate comparable to that on a consumer durable loan; in some cases, even higher.
A day after the Reserve Bank kept key interest rates unchanged, the International Monetary Fund on Wednesday said further interest rate increases are needed in India with monetary conditions still accommodative and credit expanding strongly.
More Indians are consciously choosing to remain child-free. From personal freedom and finances to climate anxiety and mental wellbeing, young couples and singles tell us why parenthood isn't part of their life plan.
ICICI Bank chief executive officer and MD K V Kamath on Tuesday said that there is no need to alter interest rates since the demand for credit is not high.
API Holdings, the parent company of online pharmacy PharmEasy, has significantly reduced its debt from 1,800 crore to 1,050 crore and refinanced it at lower interest rates under CEO Rahul Guha, shifting its focus from 'growth at any cost' to profitability and aiming for a debt-free balance sheet before a potential stock market listing.
The Reserve Bank of India is slated to announce its monetary policy review on January 29, amid industry demand for lowering of interest rates to spur growth.
Of course, NOT! Here's why. And here's how you can increase your Rs 1 crore retirement corpus.
Investors with a 6 to 12 month horizon may consider them. They should align their holding period with the fund's maturity profile and prefer schemes with a lower expense ratio.
Dhamaal 4, the latest instalment in the comedy franchise, struggles with lazy writing, recycled jokes, and an over-reliance on self-referential humour, despite a committed cast.
Dubai-based Danube Group plans to launch projects with a combined sales potential of approximately $4 billion in fiscal year 2026-27 (FY27), adopting a more selective approach to new developments as the Emirati property market enters a correction phase.
Police in Kerala have filed an extortion case against an online loan app following the death of a student who allegedly faced harassment and intimidation over loan recovery.
Everybody Loves Sohrab Handa is a well-acted, smartly written murder mystery with a finely tuned performances from Vinay Pathak and the rest of the cast, notes Sreeju Sudhakaran.
CFO of Lanco Group, Suresh Kumar explains how interest rate hikes would affect their project.
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.
World chess champion D Gukesh is ranked 19th behind the legendary Viswanathan Anand at 13th.
India's wholesale price inflation (WPI) increased for the fourth consecutive month in February, reaching 2.13 per cent, primarily due to rising prices of food and manufactured goods, according to government data.
Non-banking financial companies (NBFCs) reported encouraging results for Q4FY26 with improved asset quality and earnings, but analysts maintain a cautious near-term outlook due to geopolitical tensions, monsoon risks, and specific portfolio concerns.
Madhya Pradesh Congress MLA Rajendra Bharti has challenged his conviction and three-year jail sentence in a cheating case involving forged bank records. The Delhi High Court has issued a notice to the prosecution and scheduled a hearing for April 15.
Kerala Chief Minister V D Satheesan on Thursday hit out at the previous Left Democratic Front government, claiming that it had left behind huge liabilities, including Kerala Infrastructure Investment Fund Board borrowings, amounting to Rs 5.07 lakh crore.
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."
The Reserve Bank is likely to maintain status-quo on the key interest rates for the third time in a row in its upcoming bi-monthly policy review despite the US Federal Reserve and the European Central Bank hiking benchmark rates, as domestic inflation is within the RBI's comfort zone, say experts. The borrowing cost which started rising in May last year has stabilised with RBI keeping the repo rate unchanged at 6.5 per cent since February when it was raised from 6.25 per cent. In the previous two bi-monthly policy reviews in April and June the benchmark rate was retained.
Vaobhav Sooryavanshi, 15, stands a chance to become India's youngest international cricketer, potentially breaking Sachin Tendulkar's record.
Zero-coupon bonds suit investors with long-term goals such as retirement or education planning.
Investors should do thorough due diligence when selecting a platform.
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.
Conversely a rate hike may have positive effects if it triggers currency appreciation.
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.
RBI has chosen to keep all key rates and ratios unchanged in its policy review unveiled earlier in the day.
The rise in consumer price index (CPI) inflation could see the Reserve Bank of India (RBI) in an extended pause mode as regards interest rates, and in turn, keep the market rally in check, believe analysts. Signs of inflation cooling off in the US, however, is likely to provide some cushion as the expectations of a change in stance by the US Fed as regards interest rates is likely to aid sentiment. Back home, CPI inflation surged for the first time in five months to 4.81 per cent in June 2023, and was higher than the street's expectations of 4.58 per cent.
Dan Denning analyses the correlation between the soaring oil prices and banking rates in the Western world.
