Mar 08, 2021 07:25 PM IST
Real estate experts welcomed the move, saying it would encourage women buyers in Maharashtra to come forward and purchase property and provide an impetus to affordable housing in Karnataka.
- Aug 02, 2017 04:50 PM IST
Real estate and banking experts anticipate the home loan interest rate to hover around 8 percent once the banks decide to pass on the benefit to consumers.
- Apr 02, 2017 12:21 PM IST
Aviation turbine fuel (ATF) price has been cut by over 5 per cent, reversing a two-month rising trend, while rates of subsidised LPG were hiked by Rs 5.57 per cylinder.
- Mar 01, 2017 05:16 PM IST
China today said it will cut five lakh jobs from steel, coal and other heavy industries to reduce excess production capacity amid slowdown of the world's second largest economy.
- Feb 09, 2017 12:40 PM IST
The Reserve Bank's decision not to cut key policy rates is slightly negative for Indian equities and rupee in the near term, says a Nomura report.
- Jan 23, 2017 08:24 PM IST
The government is expected to announce steps like cut in the gold import duty and incentives to set up gems and jewellery parks in the next Budget to promote growth of the industry.
- Jan 16, 2017 07:42 PM IST
The IMF today cut India's growth rate for the current fiscal year to 6.6 percent from its previous estimate of 7.6 percent due to the "temporary negative consumption shock" of demonetisation, days after the World Bank also decelerated India's growth estimates.
- Jan 13, 2017 05:24 PM IST
Country's third biggest private sector lender Axis Bank today cut its interest offering by up to 0.70 percent, following similar moves by all the major players in the system due to high liquidity post demonetisation.
- Jan 05, 2017 04:36 PM IST
Reserve Bank is unlikely to cut repo rate in the February review meeting due to the prevailing global uncertainties and it's stance may continue to be accommodative next year as inflation is expected to remain benign, according to a report.
- Dec 20, 2016 07:36 AM IST
Boeing Co's commercial airplane unit said on Monday it would cut an as-yet undetermined number of jobs in 2017 after slashing its workforce by 8 percent in 2016, as it struggles to sell planes in the face of a strong dollar.
- Oct 04, 2016 02:30 PM IST
The decision of the monetary policy committee (MPC), headed by new RBI governor Urjit Patel, will likely cheer business leaders and households as cheaper loans will aid investment and spending.
- Sep 30, 2016 06:36 PM IST
As the government on Friday cut gas prices to USD 2.5 mmbtu till FY17-end, industry experts seemed divided on the benefits of the reduction. While former ONGC Executive RS Sharma was critical of the pricing policy, IIFL's Sanjiv Bhasin said the cut was a win-win situation for customers.
- Aug 18, 2015 02:27 PM IST
With inflation under control, lending rates will gradually come down as India is moving towards softer interest rate environment, largest private sector lender ICICI Bank CEO Chanda Kochhar said today.
- Jul 15, 2015 10:25 PM IST
South-based lender Lakshmi Vilas Bank on Wednesday cut deposit rates in two buckets by up to 0.30 percent.
- Jun 15, 2015 07:44 PM IST
Oil marketing companies today said they would hike the price of petrol by Rs 0.64 per litre and cut diesel prices by Rs 1.35 per litre, effective midnight June 16.
- Apr 10, 2015 07:17 PM IST
In a statement, the company said the reduction in the RPLR will also be applicable on loans to Non-Resident Indians (NRIs).
- Apr 09, 2015 03:53 PM IST
The regulator has cut ceiling tariff on outgoing local voice call on roaming to Rs 0.80 per minute.
- Apr 07, 2015 08:20 PM IST
Apart from cutting the minimum lending rate, India's largest private sector lender has also cut rates on some retail fixed deposits effective the same date.
- Apr 01, 2015 12:00 PM IST
Prior to the increases in February, petrol price had been cut on ten occasions since August 2014 and diesel six times since October 2014.
- Jan 30, 2015 10:02 AM IST
The space to cut more is constrained by the RBI‘s intention to achieve a further reduction in inflation amid rising growth, and a possible rebound in commodity prices
- Jan 14, 2015 10:38 AM IST
Consumer inflation rose 5 percent in December, compared to 4.38 percent in November. However, the December inflation reading was less than what most economists and bankers were expecting
- Dec 02, 2014 03:09 PM IST
All I am saying that even though rates have come down, the banks have not passed it on,Rajan said.
- Oct 31, 2014 07:52 PM IST
Indian Oil Corporation announced it would cut the retail price of petrol by Rs 2.41 per litre (in Delhi) and of diesel by Rs 2.25 per litre, with effect from midnight of October 31/November 1. The new price of petrol in Delhi would be Rs 64.24 per litre while that of diesel would be Rs 53.35 per litre.
- Oct 08, 2014 05:26 PM IST
Oil marketing companies have seen a profit of Rs 1.90 per litre in the September16-October 1 fortnight, but the government is not likely to pass on the full benefit.
- Mar 10, 2014 10:18 AM IST
The chances of a cut in gold duty in the near term appear to be slimming even as an improvement in trade data makes a case for easing some curbs on the yellow metal.