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BIZARRE: 2 - What They Never Told You

Latest FCNR interest rates: HDFC Bank, SBI, ICICI Bank, PNB, Central Bank of India, BoB and more

Several Indian banks have updated their Foreign Currency Non-Resident Bank FCNR(B) interest rates. This comes after the government announced it would cover hedging costs for new 3 to 5 year FCNR(B) deposits. This initiative benefits Non-Resident Indians and others. Central Bank of India is offering a 6% interest rate on…

The Economic Times

FCNR deposit in demand: $1,277 extra interest on $10,000 investment by NRIs after RBI's latest move?

FCNR interest rates: The Indian government will now cover hedging costs for fresh 3 to 5-year FCNR(B) deposits until September 30, 2026. This move allows banks to offer higher interest rates to Non-Resident Indians (NRIs) and Overseas Citizens of India (OCIs). An NRI may now earn an additional $1,277 on…

The Economic Times

Higher gasoline prices likely pushed up US consumer inflation again in May

May is poised to bring a notable rise in consumer prices across the United States, signaling the steepest hike in three years. Fueled by escalating energy costs, this inflation surge may prompt the Federal Reserve to hold current interest rates. Families could experience mounting financial burdens as prices rise faster…

The Economic Times

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Shares lift as rate-sensitive stocks continue higher

The local mining sector continues to retreat from recent gains, but retail stocks, banks, real estate trusts and utilities have fuelled a bounce on the ASX.

AAP

Why are oil prices up, while gold, silver prices down today along with upcoming US stock market futures crash? US attack, Iran tensions, inflation fears and market reaction explained

Why are oil prices up, while gold, silver prices down today along with upcoming US stock market futures crash? Global markets moved in different directions after fresh U.S. strikes against Iran increased geopolitical tensions. Oil prices gained as supply concerns returned. Gold and silver prices fell as the U.S. dollar…

The Economic Times

Economists No Longer Expect The Fed To Cut Interest Rates This Year, Poll Shows

Economists surveyed in a recent poll no longer expect the Federal Reserve to cut interest rates this year.

International Business Times

Highest FD interest rates of 5 major banks: SBI, PNB, HDFC Bank, ICICI Bank and Bank of Baroda

Despite the RBI maintaining the repo rate at 5.25%, major banks like SBI, HDFC, ICICI, PNB, and Bank of Baroda are offering competitive fixed deposit interest rates. These attractive rates, particularly for senior citizens, vary across different tenures, with some reaching up to 7.1%.

The Economic Times

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‘Unfair and demoralising’: Thousands of graduates earning less than £12.71 an hour five years after leaving university

Just over half of graduates are in full-time work 15 months after graduation

The Independent UK

Silver prices fall Rs 2,500/kg, gold at Rs 1.54 lakh/10 gm as investors assess Israel-Iran war tensions. What should you do?

Gold and silver prices opened lower on MCX Tuesday, influenced by a fragile Israel-Iran ceasefire and inflation concerns. Traders are closely watching Middle East developments and the prospect of higher interest rates. International spot gold remained steady, while silver saw a decline

The Economic Times

Why are gold and silver prices down today, and will precious metals continue to drop or rise again? Treasury yields pressure gold as investors assess market outlook

Why are gold and silver prices down today, and will precious metals continue to drop or rise again? Gold prices extended losses for a third session as U.S. Treasury yields moved higher. Silver also declined, while investors tracked interest rate expectations, Middle East developments, ETF holdings, and analyst forecasts. Market…

The Economic Times

Gold extends falls on rising Treasury yields

Gold prices dipped for a third consecutive session, influenced by rising Treasury yields and ongoing Middle East conflict concerns. Goldman Sachs anticipates the Fed will hold rates steady through 2026, while Citi lowered its near-term gold price target due to expected higher U.S. interest rates.

The Economic Times

Trump Reiterates Backing Of New Fed Chair Kevin Warsh But Still Pushes For Lower Interest Rates

President Donald Trump said he wants Federal Reserve Chair Kevin Warsh to "do whatever he wants" while reiterating his opposition to any potential increase in U.S. interest rates.

International Business Times

Stock Index Futures Climb as Tech Stocks Rebound, U.S. Inflation Data and SpaceX IPO Awaited

June S&P 500 E-Mini futures (ESM26) are up +0.71%, and June Nasdaq 100 E-Mini futures (NQM26) are up +1.40% this morning, signaling a rebound from Friday’s selloff on Wall Street as investors stepped in to buy the dip in technology stocks even as tensions in the Middle East pushed oil…

Barchart

Where to Find the Top Yields For the Rest of 2026

Interest rates are rising along with geopolitical tensions. Pocket yields as high as 13%, depending on your tolerance for risk.

Kiplinger

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The Economic Times

22k gold rate today: Check 24k, 22k, 18k gold prices (June 8, 2026) at IBJA, Tanishq, Joyalukkas, Kalyan Jewellers and Malabar Gold & Diamonds

Gold and silver prices saw a dip this today. Rising global tensions fueled inflation worries, while strong US economic data suggested interest rates would stay high.

The Economic Times

RBI seen joining Asia’s rate-hike push as inflation risks rise

The Reserve Bank of India is expected to increase interest rates soon. This move aligns with other central banks responding to rising inflation. Policymakers have signaled a potential rate hike if price pressures become widespread. The RBI has also raised its inflation forecast for the fiscal year ending March 2027.…

The Economic Times

Gold and silver ETFs slip up to 8% amid Israel attack and crude oil spike. What should investors do?

Gold and silver ETFs declined sharply on Monday as precious metal prices corrected on the MCX amid rising crude oil prices, inflation concerns and expectations of higher US interest rates. While the selloff weighed on returns, experts believe the correction offers a gradual accumulation opportunity for long-term investors through systematic…

The Economic Times

Silver prices tank Rs 5,500/kg, gold down Rs 1,800/10 gm as Israel attacks, rising crude trigger panic. Should you sell?

Gold and silver prices opened lower on MCX on Monday. Escalating Gulf tensions pushed oil prices higher, fueling inflation worries. Stronger US economic data reinforced expectations of prolonged high interest rates. MCX silver futures for July 2026 delivery fell 2.23%, while gold futures for August 2026 delivery slipped 1.15%. Investor…

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The Economic Times

ECB to hike rates as Mideast war pushes up inflation

The European Central Bank is poised to raise interest rates for the first time in two and a half years, driven by escalating inflation fueled by the Iran war's energy shock. Despite concerns about slowing growth, the ECB aims to reassure markets by tackling rising consumer prices, which have surpassed…

The Economic Times

GIFT Nifty tumbles 1.5% as US stock market plunges. Will Dalal Street crash on Monday?

GIFT Nifty plunged over 1.5% after a sharp selloff on Wall Street, signalling a weak start for Dalal Street on Monday. Strong US jobs data fuelled fears of prolonged higher interest rates, pushing Treasury yields higher and triggering a broad market decline. Analysts expect volatility amid global and domestic uncertainties.

The Economic Times

US stock market crash explained: Why did Nasdaq plunge 4% to log worst day in over a year

Wall Street experienced a sharp decline on Friday, led by the Nasdaq's significant fall, as a robust US jobs report fueled concerns about sustained high interest rates from the Federal Reserve. The strong employment figures intensified inflation worries, making rate cuts less likely and potentially increasing the chance of a…

The Economic Times

Gold falls about 3% as robust US jobs data cements bets on higher rates

Gold prices experienced a significant drop of approximately 3% on Friday, influenced by a stronger-than-expected U.S. jobs report. This data reinforced expectations that the Federal Reserve will maintain higher interest rates for an extended period due to ongoing inflation concerns.

The Economic Times

Why is the US stock market down today? Dow Jones, S&P 500 and Nasdaq crash big as strong jobs report, rising Treasury yields and AI stock selloff shake Wall Street — here are today's biggest gainers and losers

Why is the stock market down today? A hotter-than-expected jobs report erased any lingering hope for near-term Federal Reserve rate cuts — and the US stock market is paying a steep price for that reality check. The Dow Jones fell more than 400 points, the S&P 500 lost 1.8%, and…

The Economic Times

S&P 500 could end 9-week winning streak, Dow and Nasdaq fall - here are reasons why US stock market is down today June 5

S&P 500, Dow and Nasdaq down today: Wall Street ended the week in the red as a robust US jobs report fueled fears of prolonged high interest rates. Tech stocks, especially semiconductors, bore the brunt of the sell-off. Investors are now seeking refuge in defensive sectors, while global shipping and…

AAP

Stocks slump as Big Tech sinks and a strong May jobs report boosts odds for higher interest rates

Stocks are sinking on Wall Street as big technology companies lost ground and weighed down the broader market

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