Bad news for homebuyers! Loan EMI to get costlier
The repo rate hike will translate into higher EMIs for home loans, say industry experts.
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Good news for depositors! SBI hikes interest rates on FDs
State Bank of India has hiked interest rates on fixed deposits across various tenors.
Budget 2022: Interest rates bottom out but for how long?
RBI, like its counterparts across the globe, might have to suck out liquidity to tackle inflation.
ICICI Bank hikes interest rates on fixed deposits
As per the bank's website, fixed deposits with maturity ranging from five years and one day to 10 years will fetch 5.60% interest.
Easy money fuelling speculation: MPC’s Varma
The negative real rate of return on bank deposits is spurring flows into speculative assets, feels the MPC member.
This decade will mirror the ’90s: Kenneth Andrade
The veteran of the investment industry argues that this decade will witness an export-led growth. And while IT and pharma would rule the economy, other smaller industries, too, will jostle to rise up.
RBI pushes growth, focusses on liquidity management
At its first monetary policy review for 2021, the central bank kept key rates unchanged, while announcing several measures to manage liquidity.
Gold ruled 2020. Will it reign 2021 too?
Gold exchange traded funds added a record 877 tonnes during 2020, nearly 231 tonnes more than the 2009 record of 646 tonnes. Experts argue much of gold's growth drivers will continue in 2021 too.
Will the vaccine cure India's economy?
Leading economists believe the vaccine might not end the economic disruption which the Covid-19 pandemic has caused. Normalcy will come over time, and with pain.
RBI relief for Covid-19 pain
Monetary policy committee keeps rates unchanged; central bank announces new measures to mitigate pandemic woes, as it sees 9.5% contraction in real GDP for FY21.
