Last Updated: Wednesday, July 23, 2014, 22:36
The Bank of England needs to start hiking record-low interest rates in the coming months, governor Mark Carney indicated on Wednesday, adding that the economy was rapidly gaining strength.
Last Updated: Sunday, July 20, 2014, 10:43
A cumulative amount of Rs 42,383 crore had been garnered through 35 issues of NCDs in the entire 2013-14 fiscal.
Last Updated: Friday, July 18, 2014, 09:21
Spot gold slipped 0.1 percent to USD 1,315.40 an ounce Friday.
Last Updated: Thursday, July 17, 2014, 08:38
Traders had forecast no change prior to the decision by the central bank`s monetary policy commission (Copom) after a two-day meeting.
Last Updated: Saturday, July 12, 2014, 12:01
U.S. Federal Reserve officials are cautiously nearing completion of a new plan for managing interest rates, concerned that some of the new tools they are likely to rely on could pose unintended risks in a crisis.
Last Updated: Thursday, July 03, 2014, 18:18
The ECB is instead targeting loans to encourage banks to lend to households and non-financial corporations.
Last Updated: Thursday, July 03, 2014, 14:41
State-run Indian Bank has revised the interest rates on foreign currency non-resident (banking) deposits with immediate effect.
Last Updated: Wednesday, July 02, 2014, 20:28
With a view to bring down cost of deposits, the bank has reduced the interest rates on its domestic term deposits.
Last Updated: Friday, June 27, 2014, 00:01
Delhi Development Authority has decided to pay simple interest at 8 percent instead of the current 5 percent on registration deposits for all its future housing schemes, the urban body said Thursday.
Last Updated: Friday, June 20, 2014, 18:49
The Bank of Canada considers core inflation when setting its key lending rate, which is currently at a near-record low of one 1.0 percent.
Last Updated: Thursday, June 19, 2014, 09:34
The rupee strengthened to 60 per dollar on Thursday, its highest in almost a week.
Last Updated: Wednesday, June 18, 2014, 18:12
The Bank of England was unanimous in its decision to maintain its record-low interest rates earlier this month, minutes showed on Wednesday.
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