HDFC Bank cuts MCLR by up to 15 bps
Private sector lender, HDFC Bank, cut its marginal-cost based lending rate (MCLR) for all tenors by 15 basis points (bps). According to the bank’s website, it has cut the 6-month MCLR by 10 bps to 8 percent, 1-year rate by 15 bps to 8.15 percent
Recent cut in corporate tax rate was done to boost investments: CEA
"Private investment is the driver of economic growth. Steps that we are t...
The shock and awe era for central banks is over
Those limitations will be on display in the upcoming meetings.
Gold inches up on US-China trade uncertainty; Fed meet in focus
US gold futures rose 0.1 per cent to $1,466.50.
For some time, Brent to trade at over $64 and WTI around $59: Vandana Hari
The market would not have expected an actual real additional cut and that was the bigger surprise when the announcement came out late Friday Vienna time, that the ministers had decided that the additional voluntary cut by Saudi would remain in place and on top of it, another half a million barrel per day will be withdrawn from the market.
Rate cuts enough for revival?
After reaching a 26-quarter low in the second quarter of FY’20, the economy is expected to pick up pace third quarter onwards.
Taxpayers need to be careful while assessing provisions in tax laws
This ordinance provided for significant tax cuts for domestic companies.
SBI reduces one-year MCLR by 10 bps
According the bank’s press release, this is its eighth consecutive MCLR cut this financial year.
Bet on YES Bank for 20-25% upside in a month: Sudip Bandyopadhyay
There are significant concerns surrounding the names of the investors which they have lined up and the market did not like those names.
Pause in rate cut by RBI disappoints EEPC
Sehgal said it is a matter of regret that the banks have not even passed on the earlier cuts.
View: RBI should be cutting rates, not holding
Not a single economist among the 43 surveyed by Bloomberg News predicted no rate cuts happening.
We are not done with stimulus: Nirmala Sitharaman on reviving economy
A personal income tax rate cut for Sitharaman would be difficult at this juncture.
Analysts see RBI pausing rates for long as inflation worries return
While the RBI has asserted that the stance of the monetary policy will stay accommodative, market analysts believe that rate cuts won't happen frequently.
5 reasons why RBI didn't go for rate cut
The Reserve Bank of India on Thursday maintained the status quo on policy rates in its fifth bi-monthly monetary policy review of the financ...
RBI may wait for Budget announcements before taking rate cut decision
“The forthcoming union budget will also provide better insight into further measures to be undertaken by the government and its impact on growth. Against this backdrop, the MPC judged that there is monetary policy space for further action, but it felt it appropriate to take a pause at this juncture.”
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