Medicines for dogs from Elanco (above) and Bayer (below) are available in an animal shelter on the treatment table of a veterinarian.Frank Rumpenhorst | picture alliance | Getty ImagesCompany: Elanco Animal Health Inc. (ELAN)Business: Elanco is an…
The Fed could be locked into zero rates…
Joggers pass the Marriner S. Eccles Federal Reserve building in Washington, D.C., on Tuesday, Aug. 18, 2020.Erin Scott | Bloomberg | Getty ImagesInterest rates near zero likely will stay in place not for months but…
Worried about falling FD rates? Try `pure’ liquid…
By Jimmy Patel The successive policy repo rate cuts by the Reserve Bank of India (RBI) since 2019 to support growth has left sections of the society nervous. The rate cuts are good news for…
Mortgage rates keep falling — will they finally…
Mortgage rates have dropped to record lows on eight separate occasions in 2020 so far, as the coronavirus pandemic has roiled the global economy. But could they eventually drop to 0%? Well, if past precedent…
With the FD interest rates falling, where should…
I park by emergency fund in short-term fixed deposits. With interest rates falling, can you please suggest a good alternative? I also want to invest Rs 2,000 a month in a mutual fund with exposure…
PPF, NSC and other post office schemes interest…
There is some good news for fixed income investors: the government has decided to keep the interest rates on small savings schemes or post office schemes unchanged for the July-September quarter of FY 2020-21. The…
Mortgage rates keep falling to record lows —…
The coronavirus pandemic has led to a dramatic decline in mortgage rates. But that doesn’t mean now is a good time to refinance for everyone. Last week, Freddie Mac FMCC, -0.94% reported that mortgage rates…
Will ample liquidity, lower rates (thank Fed) help…
The US Federal Reserve signalling almost zero per cent interest rates for the next two years is likely to keep the party going in Dalal Street. This may force our own central bank to keep…
PNB lowers rates on savings account deposits by…
Following industry peers, Punjab National Bank (PNB) on Wednesday announced to lower interest rate on savings account deposits by 0.50 percentage point, effective July 1. For deposits up to Rs 50 lakh, the new interest…