Page 20 - Interest Rate Hike

Fearing rate hikes, consumers may front load purchases in niche areas: SBI

Customers, especially in retail verticals could be having a feel of future run expected in interest rates, and might be front loading their purchases in days to come, said SBI Research in a report

Gold set for monthly loss as US Treasury yields, dollar strengthen

The U.S. dollar strengthened following hawkish comments by a senior Federal Reserve official causing gold to retreat, Ricardo Evangelista, senior analyst at ActivTrades said in a note.

Dollar slides for second week as traders adjust US Fed rate hike views

The dollar index, which measures the safe-haven currency against a basket of six other major currencies, fell as low as 101.43, its weakest since April 25.

A 'no-brainer': RBI governor Shaktikanta Das on expected rate hike in June

Says have entered another phase of 'coordinated action' between fiscal and monetary authorities

Expectation of rate hike in June 'a no-brainer', says RBI Governor

Shaktikanta Das further said in a TV interview that the RBI and govt have entered into another phase of coordinated action to cool down inflation

Asia markets face uncertain start amid inflation fears, rates concerns

In early trade, Australian shares gained 0.2% while Japan's Nikkei stock index was 0.85% higher.

MPC members argued for front-loading rate hikes in view of inflation

External member Jayanth Varma said 100 bps rate hike required 'very soon'

RBI opted for off-cycle rate hike to avoid tougher action in June: Das

The MPC 's external member Jayanth R Varma opined that more than 100 basis points of rate increases needs to be carried out very soon

Overcoming the paucity of tools with RBI

The proposed policy regime may seem a bit strange to some readers

Consumer inflation at 8-year high of 7.79% may 'trigger' quicker rate hikes

Given the tone of urgency in RBI's statement to support the altered inflation-growth dynamics, "we now revise our call and expect the RBI to hike repo rate by an additional 60 bps in the rest of FY23"

Odds in favour of more near-term correction in Indian stocks: Chris Wood

Chris Wood believes the best way to play Indian markets is the upswing in the Indian property/real estate sector despite the rate hikes by the Reserve Bank of India (RBI)

Stick to shorter-term FDs to gain from rising-rate scenario: Experts

Avoid auto-renewal facility so you can select best tenure and slab rate

LIC Housing Finance increases home loan rate to 6.9% for select borrowers

For borrowers with CIBIL score of 700 and above, the rate hike has been limited to only 20 bps, LIC Housing Finance said in a statement, adding that the revised rates are applicable from Friday

India's economic growth to slow if RBI hikes interest rates: Finance Secy

T V Somanathan was reacting to reports of RBI likely raising its inflation projection for the current fiscal year at its June monetary policy meeting

US dollar touches 20-year high as markets shun risk over US Fed rate hike

The dollar has risen for five straight weeks as U.S. Treasury yields have climbed on expectations the Fed will be aggressive in attempting to tamp down inflation

Dollar hits 20-yr-high amid rising US rates, Ukraine war, China's lockdown

The dollar's gains were set against sliding stockmarkets and sent it ahead against other havens, commodity currencies and emerging market currencies alike

RBI could have been more circumspect in timing: Alphaniti Fintech's UR Bhat

In conversation with Sundar Sethuraman, Bhat says policymakers should usher in changes gradually, so that markets get a fair idea of what to expect

Exporters optimistic despite global slowdown prospects

They expect better market access in countries with whom new free trade agreements have been negotiated recently

RBI interest rate hike wasn't surprising, timing was: FM Sitharaman

For the first time since August 2018, RBI had on May 4 delivered a blunt 40 basis points increase in key repo rate to 4.40 per cent, and also hiked the cash reserve ratio by 50 basis points to 4.5 per

Lenders to get 10-15 bps margin gains from rate hike, says report

India Ratings said the market rates had already been moving higher before the move