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Bring Down Interest Rates, For Renewable Power: Assocham President Sumant Sinha

Assocham president Sumant Sinha has called for bringing down interest rates for the industry, especially for the domestic renewables sector, which is seeing high rates of 8-10 per cent compared to 3-4 per cent in the western markets. On his expectations ...

Kotak Securities Says Nifty To Grow 14 Pc In 2023 Despite Rising Downside Risks, To Economic Growth

Indian equities will continue to witness strong investor interest next year as well, and are expected to gain nearly 14 per cent over Tuesday's close, a domestic brokerage said. The 50-share benchmark Nifty is estimated to be at 20,922 points by ...

BoB Proposes To Sell Its Majority Stake, In Nainital Bank

State-owned Bank of Baroda (BoB) on Tuesday said it plans to sell its majority stake in Nainital Bank. The board of directors of the bank has approved divestment of its majority shareholding in Nainital Bank Limited (NBL), and authorised issuance of ...

BSE Adds 1 Crore Investors, In 148 Days To Reach 12 Crore-Mark

Leading stock exchange BSE on Tuesday said it has added 1 crore registered investor accounts to its platform in a span of 148 days, taking the total count to 12 crore. The exchange added one crore investors' accounts between July 18 ...

Home Loan Rate To Be Costlier; Realtors See Moderate Impact, On Housing Demand

The RBI's decision to hike the repo rate will have a moderate short-term impact on housing demand on likely rise in home loan interest rates, according to the real estate industry. With borrowing costs for developers set to rise, many builders ...

CII Urges RBI To Moderate Pace, Of Interest Rates Hikes

India Inc has begun to feel the adverse impact of RBI's interest rate hikes of 190 basis points in the current financial year, industry body CII said on Sunday, as it urged the central bank to consider moderating the pace of ...

Recession Unlikely, In APAC Region In 2023 : Moody's

A recession is unlikely in the APAC region in the coming year, although the area will face headwinds from higher interest rates and slower global trade growth, Moody's Analytics said on Thursday. In its analysis titled 'APAC Outlook: A Coming Downshift', ...

S&P Upgrades Axis Bank Rating, On Improving Asset Quality

S&P Global Ratings on Tuesday upped its credit rating on Axis Bank with a stable outlook on expectations that the private sector lender will maintain good asset quality over the next two years. The US-based agency said India's robust economic growth ...

Fed Official Suggests Substantial Rate Hikes, May Be Needed

The Federal Reserve may have to raise its benchmark interest rate much higher than it has previously projected to get inflation under control, James Bullard, who leads the Federal Reserve Bank of St. Louis, said Thursday. Bullard's comments raised the prospect ...

How Parents & Students May Face Financial Tightening On Foreign Education Loans

A student is going to Georgia in Europe for a medical course. The course fees cost nearly Rs 30 lakh for the 5-year course, his father is managing its expenses so that she does not need to take a loan. {image-loan1-16-1466073913.jpg ...

50% Of Rated Indian Cos Getting Profitability Boost, From Weakening Rupee: S&P

S&P Global Ratings on Thursday said about half of the Indian companies that it rates are getting a boost in their core profitability from rupee depreciation. "Much of our rated India corporate portfolio has sizable US-dollar linked revenue and, therefore, is ...

SBI Vs PNB Vs HDFC Bank Vs ICICI Bank Latest FD Rates Compared After Recent Hike

The Reserve Bank Of India (RBI) increased the repo rate by 50 basis points in September, which encouraged banks and other financial institutions such as NBFCs to raise their interest rates on fixed-rate deposits (FD). The RBI has increased the repo ...

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