Govt. benefiting rich, troubling poor: Cong on EPF rate cut
Updated : 3 years, 6 months ago IST
New Delhi [India], Dec. 20 (ANI): Coming down heavily on the Centre for the decision to cut down the interest rate of Employee Provident Fund (EPF), the Congress on Tuesday said the government is cheating the common people, adding that this move has been taken to benefit the rich and trouble
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EPF interest rate cut down to 8.65 pct in workers interest: Dattat
Updated : 3 years, 6 months ago IST
Bengaluru (Karnataka) [India], Dec. 19(ANI): Union Labour Minister Bandaru Dattatreya on Monday said that the government has fixed 8.65 percent interest on Employee Provident Fund (EPF) deposits, adding this is the best rate that can be fixed in the present economic scenario.
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Interest cut to be far cry as dollar, crude rise: ASSOCHAM Paper
Updated : 3 years, 6 months ago IST
New Delhi [India], Dec. 18 (ANI): The prospects for cut in the policy interest rates by the Reserve Bank of India (RBI) may be adversely affected by continuous pressure on rupee against dollar, firming of the U.S. interest rates along with the hardening of the crude oil prices, an ASSOCHAM P
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U.S. Fed interest rate hike has impacted price of gold, says RSBL
Updated : 3 years, 6 months ago IST
Mumbai [India], Dec.16 (ANI-Businesswire India): Mr. Prithviraj Kothari, Managing Director of Riddi Siddhi Bullions Ltd. (RSBL) is of the view that the decision by the United States Federal Bank to raise interest rates has impacted the price of gold.
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Nifty, Sensex bleed in reaction to US Fed's interest rate hik
Updated : 3 years, 6 months ago IST
New Delhi [India], Dec 15 (ANI): The market on Thursday opened lower after tracking global markets reacting to Federal Reserve's interest rate hike.
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Oil prices fall after US Federal Reserve hikes interest rates
Updated : 3 years, 6 months ago IST
New Delhi [India], Dec 15 (ANI): Oil prices on Thursday dropped after the hike in the US interest rates prompted a flood of money away from commodities and into US bonds and the dollar.
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Industry expecting clarity from RBI on demonetisation disruption,
Updated : 3 years, 6 months ago IST
New Delhi [India], Dec.7 (ANI): By maintaining a status quo on the policy rates, the Reserve Bank of India has defied a widespread expectation of at least a 25 basis points cut in the interest rates, but the industry and the trade expected a little more clarity from the central bank on the t
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RBI to announce maiden policy review post-demonetisation today
Updated : 3 years, 6 months ago IST
New Delhi [India], Dec. 7 (ANI): The Reserve Bank of India (RBI) will announce monetary policy review today, the first after demonetization of old 500 and 1000 rupees notes, amid expectations of interest rate cut.
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NPAs, less debt appetite road blocks for bank lending despite depo
Updated : 3 years, 6 months ago IST
New Delhi [India], Dec 1 (ANI): Despite banks filled with huge deposits following demonetization, a very high level of non-performing assets and reducing appetite for more loans from the over-leveraged industry would come in the way of increased bank lending despite bond yields falling even
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Gold slightly unchanged ahead of Fed meeting
Updated : 3 years, 6 months ago IST
New Delhi [India], Nov. 2 (ANI): The gold price held steady on Wednesday ahead of the market expectations for the outcome later in the day of a Federal Reserve meeting for clues on the possible US interest rate hike.
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Catholic Syrian Bank Registers Record Net Profit in H1, 2016-17
Updated : 3 years, 6 months ago IST
Thrissur (Kerala) [India], Oct.27 (ANI-Businesswire India): During the first half of the financial year 2016 -17 Catholic Syrian Bank has registered the highest ever net profits during the first half, in the entire history of the 96 year old organization. Backed by surge in treasury profits
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RBI to cut more rates next year, says CLSA's Wood
Updated : 3 years, 6 months ago IST
New Delhi [India], Oct. 14 (ANI): The Reserve Bank of India's decision in the credit policy to cut the repo rate by 25 basis points and lower the target for real interest rate suggests that significantly easier monetary policy is coming, says Chris Wood, the author of CLSA's newsle
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