Page 5 - Interest Rate Hike

Slowdown year

Global and domestic factors will affect output

Housing sales in top-7 cities up 54%, top previous high of 2014: Anarock

Current sales momentum is likely to continue in first quarter of 2023; most of the sales are driven by end-users

World economy is headed for recession in 2023 amid rate hikes: Research

That institution warned in October that more than a third of the world economy will contract and there is a 25% chance of global GDP growing by less than 2% in 2023

How to lock smartly into bank FDs as rates peak over next 2-3 quarters

Consider laddering to ensure liquidity and to avoid reinvestment risk

Gold to shine amid global recession; soft landing could play spoilsport

But it will lose sheen if the world economy achieves a soft landing

Bigbasket may launch IPO by 2025 after $200 million funding: CFO Parekh

Controlling about a third of India's online grocery market, Bigbasket was acquired by Tata last year

India to face export shocks from global recession: BFSI economists' panel

While two of the eminent panelists - Ghosh and Nayar - said they expect a pause in the monetary cycle by the MPC, Chakraborty, Sagar, and Kapoor said the MPC could still hike by 25-50 basis points

MPC members voice different views on interest rate and stance: RBI minutes

Governor Das said due to persistent core inflation, there is no room for complacency and the battle against inflation is not over

Sum total of all your EMIs should not exceed 40% of your net income

Make sure buying a house will not lead to compromises on other crucial financial goals

HDFC raises home loan rates by 35 bps, effective from December 20

With this rate hike, HDFC has now passed on the entire rate hike done by the six-member monetary policy committee (MPC) of the Reserve Bank of India (RBI) to the borrowers

Axis Bank hikes MCLR by 30 bps across the board, effective December 17

This comes after RBI's monetary policy committee raised repo rate by 35 bps earlier this month to take it to 6.25%

Bank credit grows 17.5% in a fortnight; deposits up 10%: RBI data

Country's largest lender State Bank of India (SBI) raised deposit rates by 15-100bps, the maximum increase being for bulk deposits

Oil dips as dollar firms up and more rate hikes trigger demand concerns

Brent crude futures fell 64 cents, or 0.8%, to $82.06 per barrel by 0730 GMT, while US crude futures slid 73 cents, or 0.9%, to $76.55

Banks rush to hike deposit rates, raise funds amid firm loan growth

Major private lenders such as HDFC Bank, ICICI, Axis revise rates; deposit rates now catching up with RBI rate hikes

Too good to be bad, too risky to be good: Economy has Fed in a fix

Financial markets and professional forecasters seem braced for the latter

24 hours of jumbo interest-rate hikes to cap year of soaring inflation

More than 50 central banks have gone for 75-bp increases, with over 275 rate hikes this year

Charting the global economy: Central banks to start pausing rate hikes

Global central banks are pausing or nearing the end of their interest-rate hiking cycles as inflation shows signs of slowing and recession concerns mount

Best of BS Opinion: Greening of GST, hard truths about soft power & more

Here is the best of Business Standard's opinion pieces for today

RBI opts for smaller repo rate hike of 35 bps, hints at more to come

Main risk is core inflation remaining sticky: Governor

Rate hikes, base effect may temper credit growth in medium term: Analysts

Credit growth stayed robust in October this year amid significant rise in interest rates