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Australia’s central bank hikes rate for 1st time in 11 years ahead of elections

Australia’s central bank hikes rate for 1st time in 11 years ahead of elections

by Green Earth Spaces | May 3, 2022 | Realty

[ad_1] Australia’s central bank on Tuesday lifted its benchmark interest rate for the first time in more than 11 years. The cash rate rose to 0.35% from 0.1% in a move potentially damaging to a government that will seek reelection on May 21.The increase was widely...
Sensex sheds 85 points to end day at 56,976; Nifty down by 33 points

Sensex sheds 85 points to end day at 56,976; Nifty down by 33 points

by Green Earth Spaces | May 2, 2022 | Realty

[ad_1] Benchmark indices continued their downtrend on Monday, with the Sensex falling 84.88 points, tracking selling in index majors Infosys and Reliance Industries along with weak global equities.The 30-share BSE benchmark went lower by 84.88 points or 0.15 per cent...
Sensex falls over 300 points, trades at 56,708 in opening session; Nifty down by 120 points

Sensex falls over 300 points, trades at 56,708 in opening session; Nifty down by 120 points

by Green Earth Spaces | May 2, 2022 | Realty

[ad_1] Benchmark equity indices continued to remain weak on Monday, with the Sensex tumbling over 648 points in early trade, tracking selling in index majors Infosys, Reliance Industries and HDFC Bank along with muted global trends.The 30-share BSE benchmark was...
HDFC raises lending rate by 5 basis points; EMI to rise for existing borrower

HDFC raises lending rate by 5 basis points; EMI to rise for existing borrower

by Green Earth Spaces | May 1, 2022 | Realty

[ad_1] The RBI has been mandated to keep the retail inflation at 4 per cent with a bias of 2 per cent on either side. Mortgage lender HDFC Ltd on Sunday raised its benchmark lending rate by 5 basis points, a move that will increase EMI for existing borrowers.The rate...
Indian economy may take 12 yrs to recoup pandemic losses: RBI report

Indian economy may take 12 yrs to recoup pandemic losses: RBI report

by Green Earth Spaces | Apr 30, 2022 | Realty

[ad_1] The Indian economy may take more than a decade to overcome the losses emanating from the Covid-19 pandemic, said a report published by the Reserve Bank of India.In an analysis of the impact of Covid-19 on the economy, the report has estimated the output losses...
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