Daily Latest News
Last Updated:March 19, 2026, 02:04 IST Interest rates were kept steady at a range of 3.50% to 3.75%, with officials flagging one expected rate cut by the end of the year amid the ongoing war in Iran. US Federal Reserve Chairman Jerome Powell. (Reuters) The US Federal Reserve held interest rates steady on Wednesday, while…
Last Updated:August 22, 2025, 22:15 is Powell says that there are risks of both rising unemployment and stubbornly higher inflation. Yet he suggested that with hiring sluggish, the job market could weaken further. US Federal Reserve Chair Jerome Powell. (File Photo: AP) US Federal Reserve Chair Jerome Powell on Friday opened the door ever so…
SBI Home Loan Rate Cut: The country’s leading lender, State Bank of India (SBI) has cut the marginal cost of fund-based lending rate (MCLR) by up to 25 bps. The new rates, applicable from July 15, 2025, are for tenures of overnight to 3 years. The new MCLR rates are in the 7.95 per cent…
Latest SBI FD Rates: State Bank of India (SBI) has reduced its fixed deposit interest rates for general and senior citizen FDs by 15 bps on three tenures. The revised rates, applicable from July 15, 2025, are for FDs with tenures from 46 days to less than a year. Know which are those FDs and…
Last Updated:June 04, 2025, 06:30 is RBI MPC may cut the repo rate by 25 basis points to 5.75%, while SBI suggests a 50 basis point cut. This could lower EMIs for home, personal, and auto loans. With another rate cut anticipated, the main question is whether home, personal, and education loans will become even…
New Delhi: The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) could consider a rate cut in February if food inflation declines in January, according to a report by ICICI Bank.The report emphasized that a deceleration in food prices may strengthen the case for easing policy rates to support economic growth. It said, “Expected…
The ECB said Thursday it would take future cuts meeting by meeting depending on incoming information about the economy. It is the second rate cut as the bank starts to withdraw some of the swift rate increases it imposed to snuff out a burst of double-digit inflation that broke out after Russia cut off most…