As RBI keeps rates steady, is this the last chance to lock fixed deposits at high interest rates?

As RBI keeps rates steady, is this the last chance to lock fixed deposits at high interest rates?

This is believed to be either the last or perhaps second last meeting before the interest rates are eventually slashed after a long hiatus. A Reuters poll predicted that the RBI is expected to cut rates in the Sept quarter. Notably, the banking regulator had raised the repo rates by a cumulative of 250 basis points … Read more

Gold prices hit new record high, continue to gain for third week straight; silver surges by 1.4%

Gold prices hit new record high, continue to gain for third week straight; silver surges by 1.4%

Gold prices surged to achieve a fresh all-time high on Friday, propelled by various factors such as expectations of a U.S. interest rate cut, speculative purchasing, and central bank acquisitions, sustaining the ongoing upward momentum of bullion despite robust job growth in the United States during March. As of 10:57 a.m. EDT (1456 GMT), spot … Read more

Cardless cash deposits via UPI apps: Everything you may want to know

Cardless cash deposits via UPI apps: Everything you may want to know

With the Unified Payments Interface (UPI) having gained massive popularity for an array of transactions, depositors will soon be able to use this phone banking interface service to deposit cash at cash deposit machines (CDMs) at ATMs and bank branches. Although it is a natural progression in the continuum of fintech evolution we are all … Read more

Explained | Why are crude oil prices elevated after OPEC+ policy decision and how will it impact India?

Explained | Why are crude oil prices elevated after OPEC+ policy decision and how will it impact India?

The Organisation of Petroleum Exporting Countries and its allies (OPEC+) conducted its joint ministerial monitoring committee meeting (JMMC) earlier this week and kept the supply policy unchanged till mid-2024, while pressing some oil producing nations to increase the compliance with output cuts.  The April 3 policy decision by OPEC+ led to a spike in international … Read more

CIBIL: How to rebuild your credit score after bankruptcy? Here are 7 effective ways

CIBIL: How to rebuild your credit score after bankruptcy? Here are 7 effective ways

To rebuild your CIBIL score after insolvency, also known as bankruptcy, is a gradual process, but it’s certainly doable with disciplined financial habits. You need to review your credit report, clear your bills on time, keep your credit utilisation low.   One of the key advices to follow is be patient as rebuilding credit score … Read more

Stock Market Live Updates | Sensex Today : Sensex, Nifty drop at opening bell; Markets await RBI MPC decision

Stock Market Live Updates | Sensex Today : Sensex, Nifty drop at opening bell; Markets await RBI MPC decision

Stock Market Live Updates | Sensex Today : Shares in Asia fell Friday tracking US stocks, as interest rate uncertainty and geopolitical tensions weighed on sentiment. Australian and Japanese shares declined. Hong Kong markets are set to resume trading after a holiday, while mainland China and Taiwan will be closed for a second day. Contracts … Read more

Stability and security: the case for women’s property ownership in India

Stability and security: the case for women’s property ownership in India

Home ownership has long been regarded as a symbol of stability and security in societies worldwide. However, in the context of India, owning a home transcends mere property ownership. For women in India, owning a house represents a fundamental shift in power dynamics, socioeconomic status, and personal empowerment. In a largely patriarchal society where gender … Read more

Oil prices decline over caution on US Fed interest rates, Iran sanctions; Brent at $88/bbl

Oil prices decline over caution on US Fed interest rates, Iran sanctions; Brent at $88/bbl

Global crude oil prices dropped on Thursday, April 4, as caution over global macroeconomic activity weighed against the supply output cuts as well as geopolitical conflicts. Investors continue to look to macroeconomic data and monetary policy for potential clues on the outlook for oil demand, while financial sanctions on Iran by the US also capped … Read more