basis points

Last Updated: January 02, 2023, 11:35 ISTIndian Overseas Bank Hikes Interest Rates on Short-term DepositsThe bank offers a rate of 6.40% on deposits with a tenor of 2 to 3 years, whereas IOB guarantees an interest rate of 6.55% on deposits…

Image for representational purposes only. | Photo Credit: The Hindu The rupee declined 24 paise to 82.09 against the U.S. dollar in early trade on Tuesday as heavy selling pressure in domestic equities and rising crude prices overseas…

In the previous session, the rupee had settled at 77.66 against the U.S. dollar In the previous session, the rupee had settled at 77.66 against the U.S. dollar The rupee appreciated 4 paise to 77.62 against the U.S. dollar in opening…

The ASX eased slightly, but news double vaccinated travellers will be allowed into Australia on February 21 sent the sector soaring.The Australian sharemarket finished barely changed, with travel stocks surging after new border rules were…

Expected interest rate rises later this year mean more costs for mortgagees and lower borrowing capacities, so experts say now is the time to act.Homebuyers should “batten down the hatches”, experts warn, ahead of sooner than forecast…

Aussie drivers have been slugged by record high petrol prices but one city is copping it harder than others from all directions.A way bigger than expected surge in prices has fuelled already strong expectations of a Reserve Bank of…

The ASX continues to show weakness in choppy trade, with banks and miners copping it, but baby formula companies are taking off.The Australian sharemarket closed marginally lower after a choppy trading session, with banks and miners among…