Rate fears are getting the blame for recent…

Federal Reserve Board Chairman Jerome Powell speaks during a press conference following the January 28-29 Federal Open Market Committee meeting, in Washington, DC on January 29, 2020.Mandel Ngan | AFP | Getty ImagesAre you confused…

HDFC cuts home loan interest rate by 5…

The Housing Development Finance Corporation, or HDFC, announced on Wednesday that it has cut its Retail Prime Lending Rate (RPLR) on home loans by 5 basis points. In a filing with stock exchanges, HDFC stated,…

Dow drops more than 460 points to end…

The Dow Jones Industrial Average swung wildly Friday to close near its session low as Wall Street struggled to shake off fears of rapidly rising rates.The blue-chip benchmark ended the volatile session 469.64 points, or…

RBI floating rate bonds interest rate to remain…

With the government maintaining status quo on interest rates of small savings schemes for the last quarter of the current fiscal, the Reserve Bank of India's (RBI) Floating Rate Savings Bonds, 2020 (Taxable) will continue…

Paytm Bank has lowest UPI failure rate

(This story originally appeared in on Dec 22, 2020)Paytm Payments Bank recorded the lowest ratio of failures for remittances using Unified Payments Interface (UPI) among the top 20 banks that account for 95% of transactions.…

Bank of Baroda reduces lending rate by 15…

NEW DELHI: Bank of Baroda, India's third largest public sector bank, announced a reduction in Baroda Repo Linked Lending Rate (BRLLR) from seven per cent to 6.85 per cent. The rate cut would be effective…

Gold rate today drop as hopes of early…

NEW DELHI: Bullion counters on MCX were trading with cuts on Thursday, tracking the trend in international markets, as US stimulus talks again derailed, frustrating investors. Stimulus talks between US lawmakers faced a setback on…