Indian Economy Faces Potential Downgrade Amid Tariff Concerns Economists are currently holding their India GDP forecasts steady, but a cloud of uncertainty looms. A persistent tariff regime could lead them to trim projections by about 20 basis points. If the full 25% tariffs are implemented, forecasts are likely to slip to the 6–6.1% range. However, … Read more
Gold prices are on the rise today, Wednesday, July 30, 2025, buoyed by a weaker dollar and softer Treasury yields. All eyes are now on the US Federal Reserve’s (Fed) decision later today, which is expected to provide further direction for the market. Gold Prices in India Here’s a look at gold prices in India … Read more
The Senior Citizen Savings Scheme (SCSS) interest rate for the July-September 2025 quarter is set to be announced by the Finance Ministry today, June 30, 2025. Currently, the SCSS offers an interest rate of 8.2%. This rate has been constant since April 1, 2025. What to Expect: There’s a strong expectation that the SCSS interest … Read more
SBI Reduces FD Interest Rates, New Rates Effective June 15th If you’re an SBI Fixed Deposit (FD) holder, get ready for some changes! The country’s largest public sector bank, State Bank of India, has reduced interest rates on all its FDs, with the new rates coming into effect on June 15th. This move follows the … Read more
The Reserve Bank of India (RBI) recently trimmed the repo rate by 50 basis points, bringing it down to 5.50%. This move is designed to inject vitality into the economy amidst cooling inflation. While good news for borrowers, it has distinct implications for your Fixed Deposit (FD) returns and the tax you’ll owe on that … Read more
Great news for homeowners! The Reserve Bank of India (RBI) has made significant moves in 2025, slashing the repo rate by 100 basis points and reducing the Cash Reserve Ratio (CRR) by 100 basis points (from 4% to 3%). These changes mean big savings and shorter loan tenures for home loan borrowers. Understanding the Impact: … Read more
RBI Likely to Cut Repo Rate to 5.75% as MPC Meeting Kicks Off Jaipur, Rajasthan, India – The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) is meeting from June 4-6, and financial experts widely anticipate another cut in the repo rate. This would be the third consecutive reduction, potentially bringing the key interest … Read more