High Interest Rates

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US job openings rise to 8.1 million despite higher interest rates

Vacancies rose from a revised 7.9 million in April, the first reading below 8 million since February 2021, the Labor Department reported Tuesday

World Street | Boeing's woes mount, Jamie Dimon warns of high rates, Tesla settles lawsuit and more

From Boeing facing FAA scrutiny, Tesla settling Autopilot-linked fatal crash lawsuit to Intel and Google unveiling new chips and Binance's rebirth, here's a look at recent business developments around the world

Digital lenders align with new RBI norms ahead of November 30 deadline, brace for consolidation

Fintechs have changed core business models, lending flows and processes since the new digital lending norms came into effect in August.

High interest rates impacting industry, small biz: Sitharaman

In an apparent criticism of RBI Governor Raghuram Rajan's monetary policies, Union Minister Nirmala Sitharaman said high interest rates are impacting cost competitiveness of the industry, especially small and medium enterprises

Market not overvalued, see Nifty at 9000 by Mar 2015: IL&FS

Kapoor feels some capital goods shares are expensive at current levels, but he is bullish on L&T if the economy can sustain the pace of recovery seen in the first quarter.

Hero MotoCorp reports 4% fall in February sales

Country's largest two-wheeler maker Hero MotoCorp today reported a decrease of 4.24 per centin its sales at 5,01,271 units in February 2013. The company had sold 5,23,465 units in February 2012, Hero MotoCorp said in a statement.

Budget 2013-14: Praful Patel seeks sops to boost capital goods sector

In an exclusive to CNBC-TV18, Union minister of heavy industries Praful Patel sought sops in the Budget to revive the capital goods sector in a letter to the Union finance minister.

Banking outlook negative on higher NPAs: Moody's

Global ratings agency Moody's on Monday said it has a "negative" outlook on India's banking system due to concerns over asset quality and the high interest rates. "In India, impaired loans are yet to peak among public sector banks," Moody's said in its Asia-Pacific Banking Outlook

General Motors India Dec sales down 22%

General Motors India today posted 21.82 percent decline in sales at 7,067 units in December, 2012. The company had sold 9,039 units in the same month of 2011, General Motors India said in a statement.

Housing sales in Mumbai show upward trend again

The silver lining for the Mumbai real estate residential market may have arrived after almost a year long wait. Led by strong demand and stable pricing, housing sales have finally begun to show an upward trend again.

Kingfisher tries to reduce high interest rate on debt

Kingfisher Airlines chief Vijay Mallya today said the company was negotiating with banks to reduce the high interest rates on its Rs 6,000 crore debt but maintained the air carrier was not suffering from a "huge" debt burden.

Expert sees dip in margins across capital goods sector

Industry expert MM Miyajiwala feels that the competition, in the capital good segment, has certainly intensified. "Dips in margins are likely to be seen across the capital goods sector," he warned.

Karnataka Bank eyes retail as corporate demand wanes

Private-sector lender Karnataka Bank is focusing more on its retail business to fuel growth in 2011/12 as high interest rates may hit corporate demand for loans, its managing director told Reuters.

SBI credit growth may be 16-19% this fiscal: Chaudhuri

The country's largest lender SBI today said its credit growth may be 16-19% this fiscal, lower than earlier estimates, mainly on account of slowdown in demand for long term equipment finance because of high interest rates.