United Bank of India cuts MCLR by five basis points
State Bank of India was first to announce 10 bps cut in MCLR last week after Reserve Bank of India Governor Shaktikanta Das exuded confidence that previous policy rate cuts would translate into banks lowering lending rates even as the central bank kept repo rate unchanged in the last monetary policy.
Why India's Pakistan policy needs a rethink
From Washington through European capitals to Moscow, Beijing and Tokyo, the world is taking a mor...
BOJ deputy governor warns of risks, signals easy policy bias
BOJ will focus on risks to the economy as uncertainty over soft global demand cl...
ECB holds its deposit rate at record low - 0.5% while keeping option of another rate cut firmly on table
The European Central Bank kept its ultra-easy monetary policy unchanged at Christine Lagarde's first meeting in charge on Thursday, even kee...
IIP-CPI mix shows India entering 'stagflationary' phase: Analysts
Core inflation, which excludes items like food and fuel, has been on a downward trajectory.
ECB keeps rates steady in Lagarde’s first meeting
The ECB held its deposit rate at a record low minus 0.5% while keeping the option of another rate cut firmly on the table.
Educating racists is a waste of time
If racism is your platform for point-scoring, bringing up incidents from rival clubs as though this is all a game of Top Trumps, you’re – and I’m going to phrase this as nicely as possible – quite pathetic. You can’t fix stupid and it’s scary to think just how much of the population are sat fist-pumping in the knowledge there are no cameras ready to record their discrimination.
Brexit, US-China trade war resolution to help end 2019 on a good note: Radhika Rao, DBS
The next year is probably going to be more about convergence.
This New Year, enjoy an impromptu vacation to places with visa-on-arrival policies
This is the perfect season for game viewing in Yala National Park, Sri Lanka.
No proposal for education loans waiver, says govt
In the last three years from 2016-17 to March 2019, the amount of outstanding education loans rose from Rs 67,685.59 crore to Rs 75,450.68 crore in September 2019, as per data provided by public sector banks. More than 90 per cent of these accounts are standard as on March 31 this year, Finance Minister Nirmala Sitharaman told the Lok Sabha.
Need to re-look at public policies for service access to MSMEs, solo entrepreneurs: Niti Aayog Vice-Chairman Rajiv Kumar
"We need to see how to create the culture of bringing angel investors for these small enterprises, how to bring technology...we have to see what could be public policy steps to ensure that the small, medium and solo enterprises have access to the highest and most-developed forms of services that they need. We need to focus on our policy," Kumar said.
Humanoid, IoT labs among highlights at science fest next week
Hundreds of interactive science models along with a humanoid, mobile planetarium, 3D printer, scaled models of satellites from ISRO and many other interactive exhibits from various industries are some of the highlights of event, AH Rama Rao, president of National Education Society which runs BV Jagadeesh Centre, said.
Street may be starting to factor in rate hike possibility in 2020
The latest set of statistics seems to be changing the market perception on future rate action.
Maharashtra portfolios: Sena gets Home, NCP Finance, Congress Revenue
A statement from the CM's office said that Shiv Sena leader Eknath Shinde has been given the charge of Home, Urban Development, Forest, Environment, Water Supply, Water Conservation, Tourism, Public Undertakings, Parliamentary Affairs departments.
ET Explains: What's making the pass-through of RBI's policy decisions sticky
The issue of lack of monetary transmission hasn't cropped up suddenly and is something that has been a matter of concern for the RBI in ensuring the pass-through of its policy decisions. The matter snowballed in the last few months after the RBI observed that the effects of its rate cuts are not being felt in terms of interest rates coming down.
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