interest rate

High-interest rates sacrifice growth: RBI monetary policy member Varma favoured rate cut

Professor Jayanth R Varma, one of the six members of the Reserve Bank of India's (RBI) monetary policy committee, voted…

3 weeks ago

RBI pauses hike in key policy rate bringing cheer to industry

The Reserve Bank of India’s (RBI) surprise move to keep interest rates unchanged at 6.5 per cent has brought cheer…

1 year ago

US Fed, undaunted by recent banking problems, raises interest rate

Washington: The US Federal Reserve on Wednesday raised interest rate by 25 basis points, which is modest compared to previous…

1 year ago