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High interest rates responsible for rising bad loans: Moody's

Last Updated: Tuesday, April 15, 2014, 22:03

Rising interest rates and project delays are leading to an increase in bad loans among banks in India, Moody's said in a report.

EC stops implementation of education loan interest-waiver plan

Last Updated: Monday, April 14, 2014, 20:21

The Election Commission has asked the government not to implement a Rs 2,600 crore scheme to provide a moratorium on interest payments on the education loans of 9 lakh students until the elections are completed.

RBI panel recommends benchmark for floating interest rate

Last Updated: Thursday, April 10, 2014, 20:46

A Reserve Bank panel Thursday suggested a benchmark floating interest rate, especially for home loans, to bring greater transparency in the pricing of credit.

IMF cautions India's next government on rates, deficits

Last Updated: Tuesday, April 08, 2014, 19:11

The International Monetary Fund said Tuesday that India`s central bank may need to raise rates further to contain inflation and warned the next government that it would have little immediate spending firepower.

'ECB to hold fire on rates despite slow inflation'

Last Updated: Thursday, April 03, 2014, 07:29

The European Central Bank is not expected to cut its key interest rates on Thursday, even though inflation in the euro area slowed sharply last month, analysts said.

RBI bars foreign investors from short-term local debt

Last Updated: Tuesday, April 01, 2014, 17:41

Existing investments in treasury bills would be allowed to taper off.

RBI chief says current policy rate appropriately set

Last Updated: Tuesday, April 01, 2014, 17:31

The central bank left its policy interest rate unchanged, as expected, and said it does not expect further near-term policy tightening if headline inflation continues to ease towards the bank`s targeted level.

Hurt by slowdown, industry urges RBI to cut interest rate

Last Updated: Sunday, March 30, 2014, 11:54

Reeling under the double whammy of a slowing economy and the high cost of credit, India Inc wants the Reserve Bank to cut the key interest rate in its upcoming monetary policy.

RBI likely to maintain status quo in monetary policy on Tuesday

Last Updated: Sunday, March 30, 2014, 11:08

The Reserve Bank may maintain status quo in the upcoming annual monetary policy on April 1 as retail inflation, especially in food items, is yet to show definite signs of moderation.

Gold price hits 5-week low on firmer dollar, US rate hike fears

Last Updated: Tuesday, March 25, 2014, 19:13

Spot gold, higher initially, hit its lowest since February 14 at USD 1,305.50 an ounce.

Gold price rebounds from one-month low

Last Updated: Tuesday, March 25, 2014, 13:53

Gold rebounded on Tuesday from a one-month low hit in the prior session, helped by short covering and a rise in bullion-backed exchange traded fund holdings.

Gold price off one-month low, but US rate hike fears cap gains

Last Updated: Tuesday, March 25, 2014, 11:17

Gold price added USD 4.43 to USD 1,313.55 an ounce, off Monday`s trough of USD 1,307.54, its weakest since February 20.