RBI bans secret deals on bulk deposit rates from October 1
The Reserve Bank of India has ordered banks to publish bulk deposit rates daily and offer identical terms to every depositor placing the same amount on the same date, ending the practice…
All posts tagged in interest rates
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US retail sales slump dims Fed rate hike bets for September
The probability of the US Federal Reserve raising interest rates in September has fallen to 30.6%, according to the CME FedWatch tool, after retail sales recorded their first decline in 14 months.…
Gold slips after two-month peak as traders await US data
Gold fell 0.5 per cent to $4,383.53 per ounce on Friday, after touching a two-month high of $4,400 earlier in the session. The pullback came as traders locked in profits and turned…
BlackRock’s Rieder: Yen rebound needs BOJ hawkishness
BlackRock's chief investment officer Rick Rieder said supporting the yen will require more than government intervention and needs hawkish signals from the Bank of Japan. The yen has edged back toward 160…
India wholesale inflation eases to 9.78%, US to 4.7%
India's wholesale inflation eased marginally to 9.78% in July from 9.87% in June, the first monthly decline under the new 2022-23 base year, the commerce ministry said on Friday. Fuel and power…
Senior citizen FD rates at 8.50% from small banks in August 2026
Shivalik Small Finance Bank offers senior citizens 8.50% on fixed deposits of 23 months one day to 27 months, the highest rate in August 2026. Other small finance banks such as Jana,…
Trump Downplays Talks With Fed Chairman Warsh Amid Doubts
President Donald Trump said on Monday he has spoken to Federal Reserve Chairman Kevin Warsh only once since Warsh's confirmation in May, contradicting his top economic adviser Kevin Hassett who said the…
Inflation, monetary policy now steer gold prices more than war: Report
A Motilal Oswal Financial Services report says inflation, interest rates, and monetary policy now influence gold prices more than geopolitical conflicts. In the first half of 2026, rising bond yields acted as…
RBI proposes new loan interest rate rules; stricter norms for banks, NBFCs
The Reserve Bank of India has released draft rules for a common framework on interest rates for all bank and NBFC loans. The new guidelines, proposed to take effect from April 1,…
AI hiring outpaces job losses in India by 51,000: Nomura
Artificial intelligence has created 83,100 jobs in India compared with 31,921 documented layoffs and attrition, a net gain of more than 51,000, according to a Nomura report. LinkedIn CEO Dan Shapero said…
