Pakistan Central Bank Holds Interest Rate At 7% As Outlook Improves

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KARACHI: Pakistan’s central bank held its benchmark policy rate at 7% on Monday, saying the economy looked set to pick up due to the lifting of lockdown restrictions aimed at curbing the coronavirus pandemic though risks remained. “Business confidence and the outlook for growth have improved,” the State Bank of Pakistan said in its … Read more Pakistan Central Bank Holds Interest Rate At 7% As Outlook Improves

Several Multinational Firms Evinced Interest to Shift Base to India, Says Piyush Goyal

File photo of Union Minister Piyush Goyal

File photo of Union Minister Piyush Goyal Commerce and Industry Minister Piyush Goyal said that due to sensitivity of information maintained by the companies, the reasons for relocation of operations are not explicitly spelt out. PTI New Delhi Last Updated: September 18, 2020, 5:15 PM IST FOLLOW US ON: … Read more Several Multinational Firms Evinced Interest to Shift Base to India, Says Piyush Goyal

First China Bond ETF In Singapore To Launch Amid Rising Foreign Interest In Yuan Assets

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SHANGHAI/SINGAPORE: The largest exchange-traded fund to invest purely in Chinese government bonds lists in Singapore next week, the bourse and the fund manager said on Thursday, capitalising on surging interest in the world’s second-biggest bond market. The first China bond ETF in Singapore, managed by CSOP Asset Management, will launch with an initial $676 … Read more First China Bond ETF In Singapore To Launch Amid Rising Foreign Interest In Yuan Assets

US Central Bank Vows To Keep Interest Rates Low, Expects Slow Recovery

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Fed Chair Jerome Powell said the central bank is continuing to debate further actions Washington: The Federal Reserve on Wednesday vowed to keep interest rates near zero until inflation is on track to overshoot the US central bank’s 2 per cent target, a bold new promise aimed at bringing millions of out-of-work Americans back to … Read more US Central Bank Vows To Keep Interest Rates Low, Expects Slow Recovery

Wikileaks Acted In Public Interest, "Pentagon Papers" Leaker Tells Court

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Julian Assange’s lawyers argue that he would not receive a fair trial in the United States (File) London: The man who leaked the “Pentagon Papers” about the Vietnam War defended Julian Assange at his London extradition hearing on Wednesday, saying WikiLeaks had acted in the public interest and warning Assange would not get a fair … Read more Wikileaks Acted In Public Interest, "Pentagon Papers" Leaker Tells Court

Fed Touts Economic Recovery, Vows To Keep Interest Rates Low

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WASHINGTON: The Federal Reserve on Wednesday vowed to keep interest rates near zero until inflation is on track to overshoot the U.S. central bank’s 2% target, a bold new promise aimed at bringing millions of out-of-work Americans back to the labor market. But the new guidance also marked the start of a vigorous monetary … Read more Fed Touts Economic Recovery, Vows To Keep Interest Rates Low

Fed Vows To Keep Interest Rates Near Zero Until Inflation Rises

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WASHINGTON: The Federal Reserve kept interest rates pinned near zero on Wednesday and made a bold, new promise: to keep them there until inflation is on track to “moderately exceed” the U.S. central bank’s 2% inflation target “for some time.” The new guidance marks a monetary policy shift, first announced by the Fed last … Read more Fed Vows To Keep Interest Rates Near Zero Until Inflation Rises

Fed Keeps Interest Rates On Hold, Vows To Stay There Until Inflation Rises

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WASHINGTON: The Federal Reserve kept interest rates pinned near zero on Wednesday and promised to keep them there until inflation is on track to “moderately exceed” the U.S. central bank’s 2% inflation target “for some time.” The change in guidance is part of a monetary policy shift announced by the Fed last month that … Read more Fed Keeps Interest Rates On Hold, Vows To Stay There Until Inflation Rises

Farmers' Interest Supreme, Will Oppose New Bills By Centre: Sukhbir Badal

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Shiromani Akali Dal chief Sukhbir Badal said his party can sacrifice anything for farmers’ interests New Delhi: In a veiled warning to its ally BJP, Shiromani Akali Dal (SAD) chief Sukhbir Badal today said his party can sacrifice anything for farmers’ interests as he came out strongly against the three farm sector-related bills introduced by … Read more Farmers' Interest Supreme, Will Oppose New Bills By Centre: Sukhbir Badal

List of Banks That Offer Comparatively Higher Annual Interest Rates on Tax-saving Fixed Deposits

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As the coronavirus pandemic has hit the market hard, people are looking to invest in safer options like fixed deposits (FDs). In order to preserve their capital, investors are moving away from market-linked investments. They are going for FDs, despite interest rates going down over the last one year. Some conservative investors like to … Read more List of Banks That Offer Comparatively Higher Annual Interest Rates on Tax-saving Fixed Deposits