Targeting food inflation with rates is ‘flawed theory’: Piyush Goyal
Union minister Piyush Goyal MUMBAI: Commerce minister Piyush Goyal called upon RBI to cut rates, arguing that targeting food price...
interest rates
‘Gold to shine in new Samvat year too, with up to 18% gain’
NEW DELHI: Gold is expected to deliver 15-18% return in the new Samvat year 2081, driven by positive economic factors...
US economy grew at a solid 2.8% pace last quarter on strength of consumer spending
WASHINGTON: The US economy grew at a healthy 2.8% annual rate from July through September, with consumers helping drive growth...
Bajaj Housing Finance to grow construction finance to around 16% of AUM
Mumbai: In its first quarterly earnings call on Monday since going public on 16 September, Bajaj Housing Finance said its...
HDFC Bank says moderation in credit growth opportunity to improve loan-deposit ratio
Moderation in system credit growth and a strategy to grow loans slower than the industry average together present HDFC Bank...
ECB cuts interest rate to 3.25% as inflation declines below target
The European Central Bank (ECB) on Thursday reduced the benchmark interest rate from 3.5% to 3.25% following data indicating that...
‘Growing AI use raises cyberattack risks, could threaten financial stability’
Mumbai: Reserve Bank of India (RBI) governor Shaktikanta Das on Monday warned that a growing reliance on artificial intelligence raises...
