Interest rate

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

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. - Sakshi Post

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 - Sakshi Post

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.  - Sakshi Post

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. - Sakshi Post

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. - Sakshi Post

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. - Sakshi Post

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.  - Sakshi Post

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.  - Sakshi Post

Markets Take A Breather As US Rate Hike Prospects Ebb 

Aug 18, 2016
Sensex recovers 118 pts, Nifty up 49pts
Investors on Wednesday remained cautious amid indication that US Fed could raise rates as early as September. - Sakshi Post

Sensex, Nifty Extend Losses on Global Cues

Aug 17, 2016
Selling in IT, Oil&Gas, pharma stocks
BSE Sensex, NSE Nifty on Thursday surged for the second straight session on sustained foreign fund inflows and July derivatives expiry.  - Sakshi Post

Markets up on positive cues: Nifty at 15-month high

Jul 28, 2016
Indices trade higher on positive domestic, overseas cues
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