Interest rate

EPFO fixes 8.15% interest rate on employees' provident fund for 2022-23

Mar 28, 2023

New Delhi, March 28 (IANS) Retirement body employee provident fund organisation (EPFO) on Tuesday fixed 8.15 per cent interest rate on the employees' provident fund for 2022-23.

Higher interest rates are likely to make it tougher for the government to borrow from the market.

RBI’s rate hike upsets Modi’s election year budget maths

Jun 08, 2018

“The rising crude oil prices are already giving sleepless nights as the government may have to cut tax on fuel products sooner rather than later,” the official added.

The market benchmark Sensex plunging over 439 points to close at a three-month low of 27,643.11 after a slew of global factors took a toll on the domestic markets. Nifty broke below the 8,600-mark to touch the session’s low of 8,541.35 and finally

Markets Crash on Global Sell-off; Sensex At 3-mth Low, Nifty Below 8,600-mark

Oct 13, 2016

Rupee was trading lower by 29 paise at 66.82 against US dollar

Sensex fell 111.30 points or 0.39 per cent to 28,523.20. The wider NSE Nifty slipped below the 8,800-mark before settling 32.50 points or 0.37 per cent lower to 8,775.90 points.&nbsp;

Snapping 4-day gains, Key Indices Slip Ahead of BoJ, Fed Meetings

Sep 20, 2016

After gaining 281 points, Sensex dropped by 111 pts

BSE Sensex gained over 35 points to 28,634.50 and NSE Nifty added 29 points to 8,808.40 points.

Sensex Edges Up, Nifty Above 8,800-mark

Sep 19, 2016

Markets tracking gains in Asian markets

BSE Sensex dropped by 198 points to 28,599.03 and NSE Nifty slipped by 87 points to 8,779.85 during the week.

Markets Snap Two-week Winning Spree

Sep 17, 2016

Fresh foreign capital outflows pull key indices lower

BSE Sensex plunged by 443.71 points, its biggest single-day drop since the Brexit fallout on June 24, to end at nearly two-week low of 28,353.54. NSE Nifty tanked 151.10 points or 1.70 percent to 8,715.60 points.

Sensex Dives 444 pts on Global Sell-off, Nifty Below 8,800

Sep 12, 2016

Markets remain closed on Tuesday on account of Eid al-Adha

Goldman Sachs forecasts that Dr Urjit Patel may maintain Raghuram Rajan’s style in the inflation targeting, banking sector reforms, overall liquidity and exchange rate policy area.&nbsp;

Patel May Continue Rajan’s Anti-inflationary Stance: Goldman Sachs

Aug 25, 2016

RBI may keep rates on hold for the rest of 2016

After losing 147.03 points in the last two sessions, Sensex on Thursday rebounded on fresh buying after minutes of the US Fed July meeting cooled rate hike expectations.&nbsp;