Page 12 - Interest Rates
Interest rates on small savings schemes unchanged for first quarter of FY23
The government on Thursday kept interest rates on small savings schemes, including NSC and PPF, unchanged for the first quarter of 2022-23 due to an elevated level of inflation.
 "Interest rates on small savings schemes unchanged for first quarter of FY23")
Markets are pricing in 25 bps US Fed rate hike: Analysts
On its part, the US has been battling a spike in inflation that hit 7.9 per cent in February - a four-decade high. The CPI has not been the highest since January 1982, when it hit 8.4 per cent
 "Markets are pricing in 25 bps US Fed rate hike: Analysts")
US Fed expected to raise rates this week amid skyrocketing inflation
The US Federal Reserve is widely expected to start raising interest rates from near zero this week amid skyrocketing inflation, which has been rising to the highest level in 4 decades, economists said
 "US Fed expected to raise rates this week amid skyrocketing inflation")
Oil prices shed $4 a barrel, extending losses ahead of Fed meeting
Oil prices shed as much as $4 a barrel on Monday, extending last week's decline as diplomatic efforts to end the war in Ukraine were stepped up and markets braced for higher U.S. rates
 "Oil prices shed $4 a barrel, extending losses ahead of Fed meeting")
Future Retail pays $14 million interest on USD notes in grace period
Debt-ridden Future Retail has made a payment of $14 million for interest due on the dollar-denominated notes (USD Notes) listed on the Singapore Stock Exchange after missing the due date last month.
 "Future Retail pays $14 million interest on USD notes in grace period")
Minor rise in interest rates won't impact home loan demand: Deepak Parekh
Says rates are at historic lows now; a housing loan is a long-term loan during which rates move up and down and a customer who wants a house won't hold back just because they are rising currently
 "Minor rise in interest rates won't impact home loan demand: Deepak Parekh")
As Fed hikes rates, will markets rally?
When growth is slowing but the Fed continues to hike interest rates or refuses to cut them, stocks will fall
RBI's dovish inflation call raises eyebrows as price pressures build
India is beginning to diverge from many other major global central banks, which now see price pressures as more entrenched and in need of action
 "RBI's dovish inflation call raises eyebrows as price pressures build")
Fear reinvestment risk? Go for immediate annuities instead, say experts
Only they can secure against the possibility of lower interest rates over long term
 "Fear reinvestment risk? Go for immediate annuities instead, say experts")
Monetary policy: RBI surprises with dovish note as growth concerns weigh
Repo rate unchanged at 4%; stance 'accommodative'
 "Monetary policy: RBI surprises with dovish note as growth concerns weigh")
India's retail inflation likely reached RBI's 6% upper limit in Jan: Poll
Inflation is climbing across the world and India is no exception but price rises have stayed relatively tame by historical standards, allowing the RBI to leave interest rates unchanged for now.
 "India's retail inflation likely reached RBI's 6% upper limit in Jan: Poll")
SBI hikes interest rates on fixed deposits by up to 10 basis points
State Bank of India, the country's largest lender, on Saturday increased interest rates on fixed deposit (FD) by upto 10 basis points or 0.10 per cent.
 "SBI hikes interest rates on fixed deposits by up to 10 basis points")
With interest rate hikes likely in 2022, keep loan-to-value at minimum
Don't opt for a fixed-rate home loan even though rates have hit the bottom
 "With interest rate hikes likely in 2022, keep loan-to-value at minimum")
Increasing interest rates
Markets will adjust to tighter financial conditions
 "Increasing interest rates")
Banking at a crossroads: Why 2022 may well be another reset year
Pandemic-related regulations are set to run their course and an uptick in interest rates is in the offing.
 "Banking at a crossroads: Why 2022 may well be another reset year")
Interest rates on small savings schemes unchanged for Q4FY22
Public Provident Fund (PPF) and National Savings Certificate (NSC) will continue to carry an annual interest rate of 7.1 per cent and 6.8 per cent, respectively, in the fourth quarter as well
 "Interest rates on small savings schemes unchanged for Q4FY22")
Volatility likely to challenge over Rs 2-trillion IPO pipeline in CY22
Pricing of issues has to be mindful, say experts
 "Volatility likely to challenge over Rs 2-trillion IPO pipeline in CY22")
FPI selling continues on valuation, rate-hike unease, Omicron scare
Analysts said FPIs started taking some money off the table ever since indices hit new all-time highs and valuation discomfort emerged
 "FPI selling continues on valuation, rate-hike unease, Omicron scare")
EM equities to underperform in 2022 on central bank policy action: Analysts
While most analysts see monetary policy normalisation across the world in 2022, rate trajectories are likely to diverge across geographies, they said
 "EM equities to underperform in 2022 on central bank policy action: Analysts")
Sensex sheds 889pts, Nifty gives up 17k; RIL, financials weigh; Infy up 3%
The BSE Midcap and Smallcap indices ended with losses of 2.4 per cent and 2.1 per cent, respectively. Declining stocks outpaced advancing shares in more than 2:1 ratio
 "Sensex sheds 889pts, Nifty gives up 17k; RIL, financials weigh; Infy up 3%")
