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Mumbai toll plazas to witness rate hike up to 19% from October 1 | Check new prices

Maharashtra | Sep 15, 2023, 11:19 AM IST

According to the new notification issued by the government, toll rates in Mumbai will increase from 12 to about 19 per cent.

UK may go for biggest interest rate hike in 30 years.

UK poised to enact biggest interest rate hike in 3 decades

World | Nov 03, 2022, 03:18 PM IST

UK interest rate hike: Economists expect the bank to boost its key rate by at least three-quarters of a percentage point, to 3%, after consumer price inflation returned to a 40-year high in September.

As per the latest data, the inflation was at 7 per cent in

RBI cuts growth forecast to 7% for current fiscal

Business | Sep 30, 2022, 11:48 AM IST

Unveiling the fifth monetary policy for this fiscal, RBI Governor Shaktikanta Das said the central bank remains committed to price stability to put the country on a sustained path of growth.

European Central Bank, Christine Lagarde

European Central Bank makes largest-ever interest rate hike

Business | Sep 08, 2022, 07:05 PM IST

ECB followed the US Federal Reserve and other central banks in a global stampede of rapid rate hikes meant to snuff out record inflation that is squeezing consumers and pushing Europe toward recession.

RBI likely to slow down pace of rate hikes, may raise rates by 0.25 pc in Sept: Deutsche Bank

Business | Aug 22, 2022, 09:30 PM IST

RBI rate hike: In a report, the Germany-based bank said the RBI will respond with a slower pace of rate hikes from here, basing the expectation on the recently released minutes of the last meeting of the Monetary Policy Committee (MPC).

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ICICI Bank raises lending rate by 15 bps

Business | Aug 01, 2022, 02:59 PM IST

The rate hike comes ahead of the RBI's Monetary Policy Committee (MPC) meeting later this week. It is widely expected that the MPC would hike interest rates to tame high inflation.

HDFC follows a 3-month cycle for repricing its loans to

HDFC hikes lending rate by 25 bps; home loan to be costlier

Business | Jul 30, 2022, 09:03 PM IST

HDFC hikes lending rate: This is the fifth hike effected by HDFC in two months. In all, the rate has increased by 115 basis points since May this year.

The Bank of England's action took its key rate to 1.25 per

Bank of England hikes interest rates but resists bolder move

Business | Jun 16, 2022, 05:51 PM IST

While the United Kingdom's central bank began raising interest rates earlier than its counterparts, the Bank of England is now trailing the US Federal Reserve in the worldwide fight against inflation fuelled by soaring food and energy prices.

RBI hikes repo rate by 50 basis points to 4.90% to tame inflation; EMIs set to go up

Business | Jun 10, 2022, 05:37 PM IST

RBI's decision to raise the interest rate is aimed at doubling down the fight to contain inflation that has surged in the last couple of months.

How RBI rate hike will tame inflation? Explained

Business | May 05, 2022, 05:11 PM IST

The Reserve Bank of India in a surprise move on Wednesday (May 4) announced to hike the repo rate by 40 basis points to 4.40 per cent, the first hike since August 2018.

Markets erase gains after initial euphoria to end flat; Nifty ends below 16,700

Market | May 05, 2022, 05:00 PM IST

The 30-share BSE benchmark Sensex had jumped 897.77 points or 1.61 per cent to 56,566.80 during the day. But it pared most of the gains and closed just 33.20 points or 0.06 per cent higher at 55,702.23. Similarly, the NSE Nifty inched up 5.05 points or 0.03 per cent to 16,682.65.