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DARK SECRETS: 16 | Rare Historical Photos

How NRIs, OCIs can get 45% annual return on $1 lakh FCNR (B) deposit as this bank in India offers 19X leverage; Should you go for it?

HSBC Bank's IFSC unit offers Non-Resident Indians significant leverage on FCNR(B) deposits. This strategy allows investors to borrow up to nineteen times their initial deposit amount. The potential for amplified returns arises from the spread between deposit earnings and borrowing costs. However, this leverage strategy carries risks if borrowing costs…

The Economic Times

Burnham’s ambition to transform housing market under threat amid housebuilding crisis

Britain's biggest listed housebuilders are issuing profit warnings at a rate not seen since the global financial crisis

The Independent UK

Consumers Are Leaning on Credit Cards as Prices Rise: 7 Ways to Avoid Turning Groceries Into Long-Term Debt

High inflation is forcing many families to cover basic food expenses with credit cards. Swiping plastic at the supermarket checkout feels incredibly normal for most busy shoppers today. However, relying on credit to feed your family creates dangerous long-term financial debt. Paying steep interest rates on milk and bread destroys…

Grocery Coupon Guide

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Why the AI Chip Boom Just Forced South Korea to Raise Interest Rates

Bank of Korea hikes interest rates to 2.75% as massive AI semiconductor exports push inflation past 3%. See how the move will impact mortgage rates.

International Business Times

5% Bond Returns Are a Gift for Retirement Investors. My Favorite Way to Invest in Treasurys Lets You Earn a Paycheck No Matter What the Market Does.

After more than a decade of being starved for yield by the Federal Reserve, the bond market is finally offering us a clean, honest 5% return on zero-risk U.S. government debt.

Barchart

FD rate up to 8.05% for senior citizens investing for five years; Know list of banks

Some banks offer senior citizens fixed deposits with interest rates up to 8.05 percent. These deposits are available for a five-year term and up to Rs 3 crore. Banks deduct tax at source if FD interest exceeds Rs 1 lakh annually. Senior citizens can submit Form 15H to avoid TDS…

The Economic Times

Gold price prediction: Why is Gold rate crashing to biggest weekly loss? Check latest projections for August

Gold price has fallen about 25 per cent since the U.S.-backed war with Iran began in late February, pressured by expectations that war-driven inflation could keep interest rates higher for longer.

The Economic Times

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US Fed official warns of 'broad-based' inflation as firms urge action

A top Federal Reserve official said Friday that stubbornly high inflation is her bigger concern right now, warning that firms are urging the US central bank to act against rising prices. "Persistently high inflation is the bigger concern," she said.

The Economic Times

Hang Seng crashes over 2% as tech selloff hits Asia markets. Why Hong Kong stocks are falling on Friday?

Hong Kong's Hang Seng Index fell 2% by midday on Friday, weighed down by a global selloff in technology stocks as renewed inflation concerns dampened risk appetite. The Hang Seng Tech Index plunged 4%, with investors reducing exposure to technology and other growth stocks amid fears that higher inflation could…

The Economic Times

NRIs can bring USD 70-80 bn into India through FCNR deposits: Expert

Non-Resident Indians can bring seventy to eighty billion US dollars into India. This inflow is possible through the ongoing FCNR initiative offering higher interest rates. The scheme allows overseas Indians to deposit foreign currency earnings in Indian banks. Experts believe this initiative is a unique opportunity for diaspora participation. Such…

The Economic Times

Up to 8.50% interest on senior citizen FD: This bank increases interest rate on 501-day special FD; check details

Unity Small Finance Bank has revised its fixed deposit interest rates. Senior citizens can now earn up to 8.50% on a 501-day fixed deposit. Regular customers will receive 8.00% interest on the same tenure. The bank also offers 7% interest on savings accounts for larger deposits. A 1.00% penalty applies…

The Economic Times

Gold set for biggest weekly fall in six as Iran war fans inflation worries

Gold prices saw a rebound on Friday, yet are set for a significant weekly loss. Renewed clashes between the United States and Iran have lifted oil prices considerably. This escalation has stoked inflation concerns and strengthened expectations for higher interest rates. Fed officials are signaling openness to rate hikes amid…

The Economic Times

A Fed Voting Member Said Interest Rates Should Be Higher. Stocks Fell

Stocks fell on Thursday as chipmakers dropped despite solid earning reports.

International Business Times

Inflation Fell More Than Expected In June, But a Fed Member Said Interest Rates Should Be 'Modestly' Higher

Dallas Federal Reserve President Lorie Logan said interest rates should be "modestly" higher to help inflation return to the 2% goal.

International Business Times

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The Economic Times

Fed's Logan calls for 'modestly higher' interest rates

Dallas Fed President Lorie Logan signaled support for higher interest rates, warning inflation remains above target and policy is not restrictive enough. She flagged risks from strong demand, AI investment and Middle East tensions, indicating growing divisions within the Federal Reserve ahead of its July meeting on the policy path.

The Economic Times

Can banks increase FD interest rates as inflation crosses RBI’s target of 4%?

Rising inflation has crossed the Reserve Bank of India's target, signaling potential repo rate hikes. Higher inflation and increased credit demand suggest banks might raise fixed deposit interest rates soon. Banks monitor deposit growth and credit demand before adjusting their fixed deposit rates. High yields on government securities and small…

The Economic Times

FCNR(B) FD interest rates for NRIs: HDFC Bank, SBI, PNB, ICICI Bank and Axis Bank- which offers highest maturity on USD deposits

Government support for FCNR(B) deposits until September 2026 has sparked renewed investor interest. Banks are now offering higher interest rates on these foreign currency accounts. Non-Resident Indians can benefit from avoiding Indian currency depreciation risks.

The Economic Times

US Stock Market: Fed Chair Warsh keeps rate path unclear as policymakers differ on inflation outlook

Federal Reserve Chairman Kevin Warsh prefers less market signaling on monetary policy. He emphasizes evaluating economic data before adjusting interest rates. Other Fed officials, however, offer clearer views on inflation and policy paths. Rising fuel costs and AI investment add new economic uncertainties. Markets seek more guidance ahead of the…

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Benzinga

Bernie Sanders Says Trump 'Lied' About 10% Credit Card Rate Cap, Points to Big Banks Making Billions Charging 25-30% Interest Rates

Sen. Bernie Sanders (I-Vt) on Wednesday said President Donald Trump lied about his promise to cap credit card interest rates at 10% while major banks continued to earn billions from consumer lending.

The Economic Times

Pentair shares dip 17% on dour forecast amid weak pool sales

Pentair shares dropped sharply after the company cut its annual forecast, citing weak demand in its pool segment. High interest rates and inflation have pressured spending on outdoor projects, while distributors continue inventory cuts. The outlook signals a deeper slowdown in the pool equipment industry and broader demand concerns.

International Business Times

Inflation Rose Less Than Expected Last Month. Now a Top Trump Official Says The Fed Must Act Accordingly

National Economic Council Director Kevin Hassett said there is no argument to raise interest rates after inflation rose less than expected in June.

MarketBeat

3 Gold Stocks Under $5 With Massive Upside

Central banks keep buying gold despite cooling inflation. Gold Royalty, Americas Gold and Silver, and B2Gold offer revenue-generating exposure to gold and silver, all trading under $5.

The Economic Times

PFC raises USD 300 mn via bonds carrying floating interest rates

Power Finance Corporation has successfully secured USD 300 million via floating rate notes set to mature in July 2029. These instruments adhere to the Reserve Bank of India's guidelines for external borrowing. The funds raised will be allocated effectively in accordance with these regulations, with the bonds slated for listing…

The Independent UK

Here’s why you should take out a personal loan to consolidate debt

With credit card interest rates averaging more than 20 percent - and 40 percent of Americans living paycheck-to-paycheck - many need solutions

The Economic Times

NRE FD interest rates up to 6.70%: SBI, HDFC Bank, PNB and more; which bank offers best returns for NRIs

Non-Resident Indians can invest foreign earnings in Indian rupees through NRE fixed deposits. These deposits offer tax-exempt interest and free repatriation of funds abroad.

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