New Delhi: Commercial vehicle sales volume is expected to decline 3-6 per cent in the current fiscal due to a slump in demand, according to a report by CareEdge Ratings. The drop in sales volume is due to a slowdown in demand in both the medium and heavy commercial and light commercial vehicle segments, as … Read more
The Swiss National Bank cut interest rates on Thursday, maintaining the central bank’s position as a frontrunner in the global policy easing cycle now underway. The SNB cut its policy rate by 25 basis points to 1.25%, as expected by two-thirds of analysts polled by Reuters, following a similar cut in March. The decision had … Read more
“If we only talk about the Nifty, I would have liked to see some kind of a consolidation or rather pullback at this point after this four-five-day one-sided move post the election results,” says Rohit Srivastava, Strike Money Analytics & Indiacharts. Why do not we begin by discussing the auto sector itself. Of course, fundamentally, … Read more
Mutual fund investors always want to know how many years it will take to double, triple or quadruple their investments. The last rule in the list is Rule 144 which tells how many years your investments will take to quadruple.This rule is double of Rule 72, that is, two multiplied by Rule 72 is equal … Read more
The Reserve Bank of India (RBI) left repo rates unchanged at 6.5% for the eighth time in a row. The monetary policy was a 4:2 decision, with two members voting in favour of a rate cut by 25 bps taking a dovish view. While the Street was expecting a status quo in the policy rate, … Read more
The European Central Bank cut borrowing costs from record highs on Thursday, acknowledging progress in its battle against high inflation but also signaling that fight had yet to be won as inflation was set to remain too high until next year. Inflation in the 20 countries that share the euro has fallen from more than … Read more
U.S. equity funds saw outflows for the first time four weeks in the seven days ended May 29, hit by rising bond yields and uncertainty over the timing and extent of Federal Reserve interest rate cuts. According to LSEG Lipper data, net outflows from U.S. equity funds totalled $7.6 billion. This came as the yield … Read more
The Nasdaq closed at a record high on Monday while the S&P 500 gained slightly as technology stocks advanced ahead of Nvidia’s highly anticipated earnings and investors gauged the timing of an interest rate cut by the Federal Reserve. The S&P 500 technology index led gains among the 11 major S&P sectors, rising 1.32%, helped … Read more
Shweta Jain, Founder, Investography, says “do not take the loan unless it is absolutely necessary. Do not take this just for splurging on something offhand. Take this as an option against your credit card loan because those work out quite expensive. Do take these as an option against personal loans. And, of course, pay as … Read more
Mumbai: Tinkering with the interest rate alone may not help with the repayment ability of home loan borrowers, according to a research paper supported by the Reserve Bank of India. Prudential measures like risk weights and loan-to-value adjustments, along with interest rates, will be more effective in repayments of loans. This will also help in … Read more
