Divided Fed set to cut interest rates this week, but then what?
Traders, as of Tuesday, gave a 61% probability that the Fed would reduce its policy rate.
Svatantra Microfin raises lending rates, others stay put
Svatantra Microfin has raised its lending rate to 21%, after having reduced it to 19...
Govt favours single rate for lotteries under GST: Sources to ET Now
The government favours a single rate for lotteries under GST as opposed t...
Indian overseas bank decides to link retail and MSME loans to repo rate
All the new loans under the retail segment and micro and small enterprises categories will be offered with Repo Linked Lending Rate (RLLR) only.
Trump urges ‘big’ rate cut as Fed faces challenges
The Fed aims for 2% annual price increases, but has not hit that target sustainably since formally adopting it in 2012.
Over 6 crore EPFO members to get 8.65% interest for 2018-19: Labour minister
"...ahead of the festival season, over 6 crore EPFO subscribers would get 8.65 per cent interest for 2018-19," said Labour Minister Santosh Gangwar.
Fed’s first-in-a-decade intervention will be repeated Wednesday
Surges in the repo rate normally occur only at quarter-end and sometimes month-end.
Indian tax panel unlikely to favour tax rate cut for auto sector: Sources
A government study, attached to the agenda of a Sept. 20 GST panel meeting, has said the total annual revenue loss could be as much as 500 billion rupees.
Hospitals to get gold, silver, bronze ratings based on facilities provided
Move aims at easing accreditation norms for hospitals to take healthcare facilities to remote rural areas.
Pakistan's cenbank holds rates, says recent hikes enough to tame inflation
Its current monetary policy stance was appropriate to slash inflation to the target range of 5-7% over the next 24 months, it said.
Australia shares end firmer as RBA leaves door open for more rate cuts; NZ up
The S&P/ASX 200 index inched 0.3 per cent or 21.8 points higher to 6695.30.
Govt to cut insurance premium rates for small exporters: Piyush Goyal
Further, premium rates for exporters having outstanding limit of over Rs 80 crore will be streamlined with a view to help them.
China stocks fall as Beijing keeps key rate unchanged; Hong Kong falls
The CSI300 index fell 0.9 per cent, to 3,920.34.
Why China’s starting to shake up its interest rates
Most central banks govern the price of money in an economy.
SBI to seek clarity on fixed-floating rate home loans
This comes after the RBI has mandated banks to shift retail lending to floating rates determined by external benchmarks.
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