News
How Volatile Chicken Rates Impact Household Budgets and Food Inflation
2+ hour, 44+ min ago (968+ words) Several factors contribute to volatile chicken rates. Understanding these helps explain why households see inconsistent grocery bills. 1. Feed Costs: Chicken feed " primarily corn and soybean " represents a major portion of poultry production costs. When global grain markets surge due to…...
Gas Prices Sink, Mortgage Rates Fall: American Families See Major Cost Relief
1+ day, 9+ hour ago (202+ words) American households are experiencing meaningful financial relief as fuel costs and housing expenses drop to their lowest levels in years, strengthening consumer confidence and improving affordability across the country. According to recent national data, gasoline prices have fallen for the…...
BOB Updates Lending Rates; 1-Year MCLR Set at 8.75%
2+ day, 17+ hour ago (142+ words) Mumbai, January 12, 2026 " Bank of Baroda has announced a revision in its lending rates, including the Marginal Cost of Funds based Lending Rate (MCLR), Base Rate, and Benchmark Prime Lending Rate (BPLR), effective immediately. The central bank's Repo Rate remains steady…...
Federal Reserve Cuts Interest Rates; Federal Funds Range Now 3.50–3.75%
1+ week, 19+ hour ago (181+ words) Washington D.C. :The Federal Open Market Committee (FOMC) and the Board of Governors of the Federal Reserve System approved a 25-basis-point decrease in key interest rates to support economic stability: Federal funds rate target range: lowered to 3.50% " 3.75% (effective December 11, 2025). Interest on…...
Federal Reserve Bans Ex-Regions Bank Employee for $27K Misuse
1+ week, 19+ hour ago (192+ words) Washington, D.C., January 6, 2026 " The Board of Governors of the Federal Reserve System has issued an Order of Prohibition against Jason Lovell, a former branch manager at Regions Bank, Alabama, following unauthorized withdrawals from customer accounts. Between December 19, 2023, and January 30, 2024, Lovell impermissibly…...
Bank of India Star Swarnim FD Offers Up to 7.50% Interest for 450 Days
1+ week, 1+ day ago (302+ words) New Delhi, January 2026:Public sector lender Bank of India (BOI) has announced an attractive New Year investment scheme " "Star Swarnim Fixed Deposit, offering interest rates of up to 7.50% per annum for 450 days, aimed at delivering higher guaranteed returns to depositors,…...
Who Will Replace Jerome Powell? Federal Reserve Chair Transition 2026
1+ week, 2+ day ago (208+ words) The US Federal Reserve enters 2026 at a critical juncture, with a major leadership transition and a Supreme Court case that could reshape the boundaries of central bank independence. Federal Reserve Chair Jerome Powell's second term is set to end on…...
CONCOR Expands Multimodal Reach with 16 MMLPs and 7 GCTs, Driving India’s Integrated Logistics Vision
2+ mon, 2+ week ago (229+ words) New Delhi: Container Corporation of India Ltd. (CONCOR) is accelerating the creation of a seamless national logistics ecosystem with the development of 16 Multimodal Logistics Parks (MMLPs) and 7 Gati Shakti Cargo Terminals (GCTs) strategically located along key industrial and freight corridors....
Anuradha Thakur, Secretary, Department of Economic Affairs, nominated on RBI Central Board
5+ mon, 2+ week ago (106+ words) The Central Government has nominated Ms. Anuradha Thakur, Secretary, Department of Economic Affairs, Ministry of Finance, Government of India as a Director on the Central Board of Reserve Bank of India replacing Shri Ajay Seth. Join PSU Connect on WhatsApp…...
Big Dreams, Smart EMIs: Managing a Rs 50 Lakh Home Loan Without Stress
5+ mon, 3+ week ago (816+ words) Owning a spacious, comfortable, and beautiful home is a dream shared by many Indian families. For some, that dream may cost around Rs 50 lakhs. While it may sound like a big amount, it is very much achievable if planned wisely....