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Yen, Asian stocks in cautious mood ahead of BOJ decision

Yen, Asian stocks in cautious mood ahead of BOJ decision

Tue, Dec 19, 2023

The yen hovered around its 200-day moving average at 142.53 per dollar.

Australia rate risk grows as house prices jump and IMF chimes in

Australia rate risk grows as house prices jump and IMF chimes in

Wed, Nov 01, 2023

A separate report from PropTrack foresaw further gains ahead given booming migration, a tight rental market and a supply squeeze as home building lagged far behind population growth.

HSBC profit misses estimates on costs, to buy back $3 billion of shares

HSBC profit misses estimates on costs, to buy back $3 billion of shares

Mon, Oct 30, 2023

The London-headquartered bank with a market value of $118.6 billion said it aimed to complete the share buyback by next February, lifting the total buybacks announced this year to $7 billion.

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Profits near flat at China's Bank of Communications, AgBank; pressures persist

Profits near flat at China's Bank of Communications, AgBank; pressures persist

Wed, Mar 29, 2017

China's two leading banks namely Bank of Communications (BoCom) and Agricultural Bank of China (AgBank) have reported modest annual profit growth on Tuesday.

RBI extends loan up to Rs 2 lakh against gold

RBI extends loan up to Rs 2 lakh against gold

Sat, Feb 18, 2017

The Reserve Bank has doubled the quantum of loan against gold that could be granted by Regional Rural Banks (RRBs) to Rs 2 lakh, provided the repayment period does not exceed 12 months. Earlier, the RRBs were permitted to grant gold loans up to Rs 1 lakh with bullet repayment option.

Interest rates seen on hold until late 2018 as RBI shifts to neutral: Reuters poll

Interest rates seen on hold until late 2018 as RBI shifts to neutral: Reuters poll

Fri, Feb 10, 2017

The Reserve Bank of India will likely keep interest rates on hold until at least the second half of next year, according to a Reuters snap poll taken after the central bank`s shock decision to shift its policy stance to neutral.

GVA growth for 2017-18 is projected at 7.4 per cent, RBI said

GVA growth for 2017-18 is projected at 7.4 per cent, RBI said

Wed, Feb 08, 2017

The Reserve Bank of India (RBI) on Wednesday said that it is keeping repo rate unchanged at 6.25%.

Here are 20 key Budget 2017 terms that you need to know

Here are 20 key Budget 2017 terms that you need to know

Wed, Feb 01, 2017

Here are 20 key Budget 2017 Glossary terms that you need to know before you watch FM Arun Jaitley's Union Budget speech on Wednesday.

Trade deficit may be in range of $100-110 billion by March-end: Report

Trade deficit may be in range of $100-110 billion by March-end: Report

Thu, Jan 26, 2017

Care Ratings has projected India's trade deficit in the range of $100-110 billion by the end of March this year.

Home sales in India to drop 30% in 2017, Fitch warns

Home sales in India to drop 30% in 2017, Fitch warns

Wed, Jan 25, 2017

Fitch Ratings on Wednesday said that property sales in India will fall by at least 20-30% in 2017 owing to demonetisation and general caution on part of the buyer.

US consumer inflation continues rise at end of 2016

US consumer inflation continues rise at end of 2016

Wed, Jan 18, 2017

US consumer prices continued to rise in December, with one measure of price gains registering its biggest increase in two and a half years, the Labour Department said on Wednesday.

China to target around 6.5% economic growth in 2017: Sources

China to target around 6.5% economic growth in 2017: Sources

Mon, Jan 16, 2017

China will lower its 2017 economic growth target to around 6.5% from last year`s 6.5-7%, policy sources said, reinforcing a policy shift from supporting growth to pushing reforms to contain debt and housing risks.

Enquiries for home loans are now gaining momentum: Sevantika Bhandari, DHFL

Enquiries for home loans are now gaining momentum: Sevantika Bhandari, DHFL

Tue, Jan 10, 2017

With home loan interest rates falling to an all time low DHFL is looking more people to their buying decision.

UCO Bank cuts lending rate by up to 0.8%

UCO Bank cuts lending rate by up to 0.8%

Tue, Jan 10, 2017

Public sector lender UCO Bank today slashed its benchmark lending rate by up to 0.8 % in line with market competition. The bank has reduced marginal cost of funds based lending rate (MCLR) by 0.7 % to 8.60 % for 1 year tenor, UCO Bank said in a filing to stock exchanges.

Citi India reduces home loan rates by 0.7% to 8.80%; effective January 9

Citi India reduces home loan rates by 0.7% to 8.80%; effective January 9

Fri, Jan 06, 2017

In a bid to provide competitive housing loan interest rates to home buyers, Citi India announced revision of its home loan rate by 0.7% on Friday.

5 tips for buying property post-demonetisation

5 tips for buying property post-demonetisation

Fri, Jan 06, 2017

In a surprise move to curb black money, corruption and terrorism, prime minister Narendra Modi on November 8 announced scrapping of old currency notes of Rs 500 and Rs 1,000 as legal tender from circulation resulting in cash crunch and chaos aross various sectors including real estate.

Note ban most disruptive policy innovation since 1991, says former RBI governor D Subbarao

Note ban most disruptive policy innovation since 1991, says former RBI governor D Subbarao

Thu, Jan 05, 2017

Former Reserve Bank of India (RBI) governor D Subbarao on Thursday termed demonetisation as "creative destruction and the most disruptive policy innovation since 1991 reforms" that has helped destroy blackmoney.

Interest Rate Cut: Real estate companies expect more to boost demand for housing

Interest Rate Cut: Real estate companies expect more to boost demand for housing

Thu, Jan 05, 2017

After all leading banks lowered their home loan rates, real estate developers are now expecting further rate cuts in order to boost demand for housing.

Budget 2017: Tax exemption on interest paid of home loans may increase

Budget 2017: Tax exemption on interest paid of home loans may increase

Wed, Jan 04, 2017

Union Budget 2017 may see an increase in deduction limit for interest paid on home loans by Rs 50,000, a report by Business Standard said on Wednesday.

Interest rate on small savings schemes unchanged for January-March

Interest rate on small savings schemes unchanged for January-March

Mon, Jan 02, 2017

Government has kept interest rates on small savings schemes like PPF and Kisan Vikas Patra unchanged for the January-March quarter even as banks have started lowering their deposit rates.

Here's full text of PM Narendra Modi's New Year's address to nation

Here's full text of PM Narendra Modi's New Year's address to nation

Sun, Jan 01, 2017

Prime Minister Narendra Modi in his televised speech on Saturday announced a series of incentives to the poor, farmers, women and small businesses in a New Year`s address, and defended his recent decision to abolish high denomination bank notes, according to Reuters report.

PM Narendra Modi defends cash ban, announces incentives during New Year's address to nation

PM Narendra Modi defends cash ban, announces incentives during New Year's address to nation

Sun, Jan 01, 2017

Prime Minister Narendra Modi announced a series of incentives to the poor, farmers, women and small businesses on Saturday in a New Year`s address, and defended his recent decision to abolish high denomination bank notes.

US Fed's Janet Yellen says job market strong, signs of wage growth

US Fed's Janet Yellen says job market strong, signs of wage growth

Tue, Dec 20, 2016

The US job market is at its strongest since the start of the financial crisis and there are signs workers will start to see the benefits in their paychecks, US Federal Reserve Chair Janet Yellen said on Monday.

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