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rbi must cut interest rate by at least 25 basis points: assocham




ians  |  new delhi  july 30, 2017 last updated at 13:12 ist



as rba stayed on hold, banks raised interest rates anyway




while economists universally expect the reserve bank to keep rates on hold when it meets on tuesday afternoon - and for the next few months - that doesn't mean things will necessarily stay on hold for borrowers.in recent months, australia's big four banks, along with a number of smaller lending inst...



how to protect yourself from rising interest rates




with lenders increasingly out of sync with the rba, it’s no wonder people are feeling jittery about interest rates.since their failure to pass on the central bank’s 25 basis point cut to the official cash rate in august last year, many have been upping rates, with the result that the gap between...



irish sun - irish interest rates for businesses about two percent points higher




the interest rate gap over the last two years has been at least three percentage points statistics were revealed by the central bankdata highlights the discrepancies in the interest rate charged depending on the size of the loandublin, ireland - according to the figures from the central bank, small ...



us government bond yields drop as fed affirms rate outlook




us treasury yields plummeted  after the federal reserve raised interest rates for the second time in three months as expected, but did not flag any plan to accelerate the pace of monetary tightening.the yield on the 10-year us treasury note was 10 basis points lower at 2.50 per cent at 3.08pm in ne...



depositors missing out on bank rate rises




it's a hard life for savers. while the banks raise interest rates on those with risky mortgages, they've only lowered them for those putting their money into term deposits.term deposit interest rates have been declining since 2010, and are now at their lowest point in recent memory. term deposit int...



depositors missing out on bank rate rises




it's a hard life for savers. while the banks raise interest rates on those with risky mortgages, they've only lowered them for those putting their money into term deposits.term deposit interest rates have been declining since 2010, and are now at their lowest point in recent memory. term deposit int...



interest on ppf, small savings cut




the government has reduced interest rates by 0.1 percentage point – or 10 basis points – on various small savings schemes across the board, except the post office savings account which remains untouched.a finance ministry announcement said the revised rates of interest were for the first quarter...



iip, cpi data raise expectations of a rate cut by rbi




india rejects china's offer to help improve ties with pakistanbusiness standardmarket regulator expected to cut rate by 25 basis points in its october review meetingmumbai/new delhi  july 13, 2017 last updated at 19:59 isthttp://mybs.in/2uxgjos



low interest rates prompt rise in longer fixed-rate mortgages




home buyers are increasingly opting for mortgages with a 30-year fixed interest rate, according to new figures published by mortgage group de hypotheker.in the first three months of this year, 33% more 30-year mortgages were signed, due mainly to the very low interest rates, the company said.neverth...



first cash lifetime isa is launched – but rate is very low




two months after they were formally introduced, savers can finally invest in a lifetime isa without having to put their money into stocks and shares. see related is a lifetime isa better than a traditional pension?but with skipton building society's interest rate at just 0.5 per cent per year, the...



strategies for home owners in the low-interest era




the reserve bank suggested this week that we could see its cash rate rise to 3.5 per cent in coming years. that's 2 percentage points higher than today's rate and would likely mean mortgage rates rise to about the 7 per cent mark.this triggered a lot of commentary and some worry among households. h...



rbi refuses to touch repo rates




the reserve bank of india (rbi) has left the repo rate unchanged for the fourth time in a row at 6.25%, while also keeping the reverse repo rate at 6% and the marginal standing facility rate and the bank rate at 6.50%.rbi governor urjit patel cut slr by 50 basis points to 20%, starting june 24....



demand for acs to rise by 40-45% this summer: assocham




early onset of summer with sudden rise of temperature in most parts of india has given a big boost to air conditioners (acs), inverters, generators and air coolers with demand estimated to go up by 35-45 per cent this season as compared to last year, as per assocham survey.  in all the major cities...



govt slashes small savings rate by 10 basis points for july-september




press trust of india  |  new delhi  july 1, 2017 last updated at 02:02 ist



beef ban boosts chicken sales, says assocham




in the wake of the beef ban, the price of chicken in many parts of the country have started soaring and are expected to register an increase of 25 to 30%. the consumption may go up by 35 to 40 %, an assocham study said.“the poultry wholesale price index has risen by over 22%, while that of beef an...



insurance savings plans post growth | business




offering guaranteed yields of 1.5-1.7 percent on average, insurance savings products are now a major rival to time deposits, whose interest does not exceed 0.7 percent on an annual basis, while that rate seems set to drop further.the aim of local banks is to bring time deposit interest rates down to...



us federal reserve raises rates amid growing confidence




steady economic growth has seen the us federal reserve hike rates for the second time in three months. the us federal reserve has raised interest rates for the second time in three months, a move spurred by steady economic growth, strong job gains and confidence that inflation is rising to the centr...



rbnz holds key interest rate at record low 1.75 per cent




new zealand's central bank kept its benchmark interest rate at record lows of 1.75 per cent on thursday.



rba to hold in face of jobs, federal reserve interest rate hike




australia's central bank often moves broadly in line with the us federal reserve. but in the wake of the fed's third interest rate hike in a decade, markets are pricing in weaker odds of a reserve bank of australia rate hike this year.futures markets on thursday morning showed investors were seeing...



rbi likely to keep interest rates unchanged at review on june 7: poll




iron ore exports begin to revive as govt scales down restrictionsbusiness standardexpected reverse repo rate to be at 6% this time, after a surprise 25 basis point increase in aprilreuters  may 31, 2017 last updated at 13:40 isthttp://mybs.in/2uvqu9l



five things to consider when remortgaging




interest rates are low and there are some great mortgage deals available. as a result, the number of us remortgaging is booming - figures from the council of mortgage lenders show such loans made up a third of all lending in april.see related halifax index points to slowdown in property markethowev...



cba follows anz, westpac to hike rates




the commonwealth bank has become the latest of the big four banks to hike home loan rates, raising borrowing costs for owner-occupiers and property investors just hours after rate hikes from westpac and anz. the nation's largest bank will raise interest rates on standard variable home loans by ...



raising my interest rate | business standard news




recently, the us central bank increased the borrowing “interest rate” for the second time in a row. it said, “the committee expects that economic conditions will evolve in a manner that will warrant gradual increases in the federal funds rate.” the markets lapped up the statement, especially...



bis' debt bomb scenario unlikely to occur as rba reserves firing power




the rapid 250 basis point rise in domestic interest rates that would leave australian households facing a mammoth debt servicing burden is unlikely to occur, local economists said.the bank for international settlements warned over the weekend that australian households were some of the most vulnerab...