The RBI might once more maintain the important thing rate of interest unchanged in April as it’s prone to focus extra on bringing down inflation to the 4 per cent goal after considerations over financial progress abated with GDP progress estimated at practically eight per cent, mentioned consultants. Additionally, the Reserve Financial institution’s rate-setting panel … Read more
Overseas buyers made a robust return by injecting greater than ₹2 lakh crore into Indian equities in 2023-24, pushed by optimism surrounding the nation’s strong financial fundamentals amidst a difficult world surroundings. Additionally learn:FPI flows into India hit document ₹3.33 lakh crore this fiscal yr Wanting ahead to 2025, Bharat Dhawan, Managing Companion at Mazars … Read more
The share of financial institution loans and time period deposits bearing ‘over 8 per cent’ and ‘7 per cent & above’ rate of interest, respectively, has elevated considerably within the final 21 months, reflecting the pass-through of coverage charge will increase. Additionally learn:The Newest House Mortgage Curiosity Charges: Mar 22, 2024 The share of financial … Read more
Inventory markets would take cues from the largest occasion of the week — the US Fed rate of interest choice, apart from monitoring the tendencies in international markets and buying and selling exercise of overseas buyers, analysts stated. Additionally learn: Gold glitters on cues from international markets, US Fed feedback Final week, a heavy decline … Read more
Not like different superior economies that hiked rates of interest by 400-550 foundation factors over 2022-23 to struggle huge shopper worth inflation, the RBI (Reserve Financial institution of India) elevated the repo by solely 250 factors. And the final charge hike by India’s Central Financial institution was in February 2023. The RBI saved the … Read more
The home fairness markets have been in a corrective mode in current weeks. However a part of the explanation for this may be attributed extra to the motion within the bond markets globally — particularly within the US. The Reserve Financial institution of India’s comparatively hawkish tackle inflation (and liquidity) within the current coverage assembly … Read more
All good issues have to return to an finish. Nicely, that’s exactly what dwelling mortgage debtors should be experiencing over the previous 18 months. After having fun with record-low charges from early 2020 by way of until late 2021 and early 2022, when curiosity on dwelling loans was at a 15-year backside, issues have modified … Read more