The Bank of England is expected to lower its key interest rate by a quarter percentage point on Thursday, bringing it down to 4.25%, amid fears of US President Donald Trump’s planned tariffs hitting global economic growth, including Britain’s.The decision is due at 11:02 GMT, two minutes later than usual to honour a moment of […]
A man with an umbrella passes by China’s central bank also known as People’s Bank of China, in Beijing. (Picture credit: AP) China’s central bank rolled out major monetary easing measures on Wednesday, slashing a key interest rate and lowering the reserve requirement for banks as the economy reels under the pressure of renewed US […]
May 07, 2025 09:28 AM IST The authority will offer space at the eight-storey City Bus Terminal building in Sector 82 that is lying largely unused since its completion in 2021 NOIDA: In a bid to encourage start-ups in the city, the Noida authority has decided to provide space at discounted rates to the entrepreneurs […]
IndiGo wants to make the business cabin accessible to a wider customer base At a time when economy rates are climbing through the roof, IndiGo is offering a 50 per cent discount on business class seats in a three-day flash sale. Fliers can get one way business class tickets on the airline for as low as ₹9,999 on […]
The US Federal Reserve is widely expected to keep its benchmark interest rate unchanged at around 4.3% when it concludes its two-day policy meeting on Wednesday, resisting pressure from President Donald Trump and his administration to cut borrowing costs.Despite Trump’s repeated demands for a rate cut and claims that inflation is no longer a concern, […]
Things are getting awkward for the US Federal Reserve. With their eye on inflation, officials are inclined to hold rates steady when they meet in Washington on Tuesday and Wednesday. But fears of a slowdown are mounting, and President Donald Trump and some of his deputies keep hammering the central bank for a rate cut.Caught […]
Mohamed Ali, President, CREDAI Chennai. | Photo Credit: BIJOY GHOSH The residential real estate market in the city and its neighbourhood has commenced 2025 on a positive note with a strong recovery and increasing buyer confidence, a report by the industry body CREDAI said. Sharp growth in registrations, steady sales of the residential units and […]
IndusInd Bank and Kotak Mahindra Bank, two leading banks of the private sector, have revised their interest rates on fixed deposits- former increasing the interest rate while the latter has reduced the interest offered on fixed deposits.The change in the interest rates are an effect of the changing market conditions and shifts in liquidity in […]
With the US economy shrinking unexpectedly during the first quarter of 2025, anticipations that the Fed will gradually introduce rate cuts are high.Federal reserve policymakers, however, are unlikely to read too much into the first-quarter GDP decline, though traders believe clearer signs of economic weakness by June could prompt the central bank to start cutting […]
VTP Realty CEO Sachin Bhandari The RBI has reduced the repo rate further, raising hopes that the reduction will get transmitted to banks and other lenders. Will a cut in home loan rates boost demand for homes? VTP Realty CEO Sachin Bhandari believes a reduction in home loan rates will not impact demand too much. […]
