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Rising fixed deposit interest rates: Is now the time to secure your savings?

A lot of banks are offering high interest rates of 7-9% p.a. range on fixed deposits of various tenures. The rates are expected to go down in the second half of 2024. Hence, this is a good time to allocate some money from the debt portfolio to FDs at current high rates. ....

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Rupee: Rupee closes at fresh low of 83.44 - The Economic Times

On Wednesday, the local unit had closed at 83.4350. So far in 2024, the rupee has depreciated 0.3% against the US dollar on a closing basis. ....

Kumar Bhansali , Anil Kumar Bhansali , Finrex Treasury , Oil Prices , Trade Deficit ,

RBI imposes penalties of Rs 95.40 lakh on one StCB and four UCBs

The Reserve Bank of India imposed penalties on six cooperative banks worth Rs 95.40 lakh for breaching the ....

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MPC Key takeaways: Key takeaways from MPC meet: A look at RBI's stance on rates, inflation and GDP

Reserve Bank of India Governor Shaktikanta Das announced the Monetary Policy Committee s decision to maintain interest rates at 6.5%. With a 5:1 majority, the committee opts to retain the stance of withdrawal of accommodation . Das stresses on returning India s retail inflation to a sustained 4%. Analysts anticipate MPC aligning with cautious policies of US and UK central banks. ....

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Stock Market Today: Top 10 things to know before the market opens

Trends in the GIFT Nifty indicate a weak start for the broader index in India, with a loss of 73 points or 0.32 percent. ....

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