News
India faces uncertainty over forex, oil prices, rain shortfall, says Nirmala Sitharaman
1+ hour, 17+ min ago (98+ words) Business Line India faces uncertainty over forex, oil prices, rain shortfall, says Nirmala Sitharaman Recent tax "changes for foreign "investors in government bonds and other central bank measures are expected to "boost capital inflows, Sitharaman said India is facing "uncertainty…...
When to opt for balance transfer in home loan?
1+ day, 1+ hour ago (647+ words) Home loans are mostly availed for the long term and even a marginal shift in interest rates can dramatically increase the total loan cost over time. Home loan interest rates have significantly moderated after peaking a couple of years ago....
India's productivity gap with China widens despite strong GDP growth: Equirus Securities
1+ day, 20+ hour ago (522+ words) India's labour productivity gap with China has widened by more than $30, 000 per worker since 2000, despite decades of strong economic growth, with the country yet to achieve the industry-led productivity transformation seen in economies such as China, South Korea and Vietnam,…...
World Bank cuts global growth forecast to 2. 5% as West Asia conflict triggers energy shock
1+ day, 23+ hour ago (446+ words) The World Bank has lowered its global growth forecast for 2026 to 2. 5 per cent, warning that the conflict in the Middle East has triggered a fresh shock to the global economy by disrupting energy markets, fuelling inflation and weakening growth prospects…...
India has capacity to repay 94% of its foreign debt in a single day, says Fadnavis
2+ day, 1+ hour ago (421+ words) Maharashtra Chief Minister Devendra Fadnavis on Friday dismissed concerns about an economic slowdown in the country, saying India has the capacity to repay 94 percent of its foreign debt in a single day. Addressing a press conference here to mark Prime…...
Experts warn of further pressure as India's retail inflation rises to 3. 93% in May
2+ day, 18+ min ago (366+ words) According to Dipti Deshpande, Principal Economist, Crisil Ltd, the impact of the West Asia conflict is starting to percolate household budgets Experts warn of further pressure as India's retail inflation rises to 3. 93% in May According to Dipti Deshpande, Principal Economist,…...
Bank of Baroda launches 555-day FD scheme with interest up to 7. 40%
2+ day, 15+ hour ago (189+ words) Bank of Baroda (Bo B) has launched a special 555-day retail deposit (below "3 crore) scheme, offering an interest rate of 6. 75 per cent per annum to the general public on a callable deposit and 6. 80 per cent on a non-callable deposit. Senior citizens…...
MSME loan growth decelerates to 13% amid global headwinds; ECLGS 5. 0 slated to cushion impact: Report
2+ day, 22+ hour ago (376+ words) Business Line Get Business Line apps on MSME loan growth decelerates to 13% amid global headwinds; ECLGS 5. 0 slated to cushion impact: Report IIFL estimates the scheme could unlock "2. 55 trillion in additional credit amid global headwinds. Global uncertainty has started to drag…...
The Latest Fixed Deposit Interest Rates: Jun 12, 2026
2+ day, 17+ hour ago (107+ words) A fixed deposit is a trusted way to maintain liquidity and earn an assured rate of return on the capital. Interest rates vary from one bank to another. Let's take a comprehensive look at the interest rates on offer today....
Retail inflation climbs to 3. 93% in May
2+ day, 19+ hour ago (112+ words) Retail inflation, based on Consumer Price Index rose to 3. 93 per cent in May as against 3. 48 per cent of April, Government reported on Friday. - Inflation rates for rural and urban are 4. 25 per cent and 3. 53 per cent, respectively - "Year-on year food inflation,…...