The cat is out of the bag. The Narendra Modi government had been arguing — stubbornly — that the rising burden of inflation in India can be attributed to a number of external factors. The ...

State Bank of India (SBI) has hiked its interest rates on bulk deposits — Rs 2 crore and above — by 49-90 basis points, reflecting the upward movement of interest rates in the country afte...

Jerome H. Powell, the chair of the US Federal Reserve, signaled on Thursday that the central bank was prepared to raise interest rates rapidly starting in May as it tries to cool down the economy and ...

State-owned Bank of Baroda (BoB) on Friday went against the tide by reducing the home loan interest rate by a hefty 25 basis points to 6.50 per cent for a limited period. The move comes at a time some...

Meanwhile, output from the Opec+ producer group in February undershot targets even more than in the previous month, sources said, while the International Energy Agency said oil markets could lose thre...

The US Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point and projected its policy rate would hit a range between 1.75 per cent and 2 per cent by year’s end in...

The third year of the coronavirus pandemic, 2022, starts on an odd note. Omicron, the contagious mutation, is storming the world, upending recoveries and economic prospects. Yet, economic policies are...

Goldman Sachs on Monday projected the US Federal Reserve to hike interest rates on four occasions in 2022. The higher rates could suck out more than expected liquidity from emerging markets such as In...

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State Bank of India (SBI) will try to keep the interest rates benign as long as possible with a view to supporting the economic growth, its chairman Dinesh Kumar Khara has said.  On the impact o...