MUMBAI: Bond yields surged despite rate actions on expected lines as a sharp upward revision in inflation forecast and commentary indicated that the stance may have already shifted to ‘neutral’. The introduction of SDF and narrowing the LAF corridor is interpreted as an interest rate increase. Both the short-term and long term rates have shot…Continue Reading
Washington: Surging prices for fuel, food and housing have sent US inflation to the highest in four decades, and the Russian invasion of Ukraine has made the situation worse, so the Federal Reserve is preparing to take action this week. But the central bank’s efforts to put out the inflation fires will be complicated by…Continue Reading
Axis bank has revised interest rates a second time since January 2022. Axis Bank has revised its fixed deposit (FD) interest rates, latest rates will be effective from March 5, 2022. According to the bank’s website, it has revised interest rates on FDs worth less than Rs 2 crore and above with different maturities. According…Continue Reading
SynopsisThe reality is that market rates have already moved up, and therefore, it does not really matter whether RBI hikes the repo rate or not.Joseph ThomasHead of Research, Emkay Wealth Management, Contributor ContentDr. Joseph Thomas joined the RBI in 1986, where he worked as a Currency Specialist and Portfolio Manager for the Bank in the…Continue Reading
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Canadian tenants faced another year of affordability challenges as rents crept up nationally and were particularly high in Vancouver and Toronto, according to the Canada Mortgage and Housing Corp.’s annual rental market report.Apartment towers are seen in Toronto near Keele and Glenlake Rd. in January 2022. Vancouver and the Greater Toronto Area were facing the…Continue Reading
The Health department has issued orders revising the rates for COVID-19 tests and other protective gears such as PPE kits and N95 masks.According to the revised rates, RT-PCR test will be charged ₹300 (earlier rate was ₹500), rapid antigen test ₹100 (₹300 earlier rate), Xpert NAT ₹2,350 (₹2,500), TRUNAT ₹1,225 (₹1,500) and RT Lamp test…Continue Reading
Vijayawada: Minister for cinematography Perni Venkataramaiah has assured that the newly-appointed committee will fix rates of admission in cinema theatres which will be affordable to commoners in the state. The minister held a meeting with representatives from unions of film distributors here on Tuesday. Later, he told media persons that the representatives had asked for…Continue Reading
Wednesday, Dec 15, 2021 | Last Update : 11:43 PM IST DECCAN CHRONICLE. | DC CORRESPONDENTPublished Dec 15, 2021, 11:15 pm ISTUpdated Dec 15, 2021, 11:15 pm IST A single judge bench headed by Justice Manavendranath Roy suspended the GO 35 Andhra Pradesh High Court is likely to hear a petition on Thursday, filed by…Continue Reading