Gold prices in India: Rates on June 10
Gold prices decreased in India on Tuesday, as detailed by FXStreet. The price was reported at INR 9,087.40 per gram, down from INR 9,149.26 the previous day. Additionally, the price for TOLA fell from 106,715.20 to 105,993.00 INR in just a day. Unit Measure INR Gold Prices 1 gram 9,087.40 10 grams 90,875.47 TOLA 105,993.00 […]
Six banks lower RRLR and MCLR loan rates following RBI’s repo rate change.
Upstox Securities Pvt. Ltd. provides various services under regulatory frameworks, including their SEBI registration and different TM codes. They emphasize the importance of complaint handling, encouraging clients to reach out via email for grievances. Their compliance officer and contact details are readily available for transparency. In terms of filing complaints, clients can register on the […]
Gold prices in India: Rates for June 9
Gold Prices in India on Monday On Monday, gold prices in India held steady, based on data compiled by FXStreet. The rate was INR 9,122.12 per gram, showing little change from INR 9,119.14 on Friday. Similarly, gold prices were nearly unchanged at INR 106,398.60 per Tola on Friday, with minor variations noted throughout the week. […]
Four public sector banks lower lending rates after RBI decision
Mumbai: Changes in Lending Rates Following RBI Decision Public sector banks are adjusting their lending rates after the Reserve Bank of India (RBI) lowered the repo rate by 50 basis points. Interestingly, this adjustment may benefit existing borrowers more significantly than new ones. This difference arises because banks tend to refine their already competitive mortgage […]
Lowest home loans in June: These banks offer the most affordable interest rates following the RBI rate reduction
If you’re thinking about getting a mortgage, this might actually be a good time for you. The Reserve Bank of India (RBI) recently slashed its reporate by a significant 0.50% on June 7, bringing it down to 5.5%. Since February 2025, the total reduction has been around 1%. This change is beneficial for customers directly. […]
EUR/USD reaches a six-week peak as ECB lowers interest rates and US unemployment claims fall short.
Market Overview: EUR/USD and Economic Indicators The EUR/USD has been on the rise, achieving its highest level since April 22nd. The European Central Bank (ECB) has cut key interest rates by 25 basis points, shifting towards a more data-driven approach. Initial unemployment claims in the US climbed to 247,000, exerting pressure on the dollar as […]
ECB plans to lower interest rates again as inflation concerns ease
The European Central Bank (ECB) Chair, Christine Lagarde, is set to discuss the ECB’s choice to cut rates by 25 basis points during its June policy meeting. She will also field questions from reporters. You can follow live updates on ECB decisions and how the markets react. Key Takeaways from the ECB Press Conference “The […]
ECB lowers interest rates and remains flexible
The European Central Bank’s Latest Moves The European Central Bank (ECB) has reduced interest rates as anticipated, while keeping its options open for future meetings. This move comes after a summer pause in its year-long cycle of easing. Since June of last year, the ECB has lowered borrowing costs eight times, totaling a decrease of […]
Pound Sterling remains stable as Bailey from the Bank of England confirms a slow approach to reducing interest rates.
Pound Sterling has reached around 1.3550 against the US dollar, as weaker US economic data in May affects the Greenback. The situation with tariffs is weighing heavily on the US dollar, especially after President Trump increased steel and aluminum tariffs to 50% on Wednesday. Boe’s Bailey reiterated a cautious and gradual approach towards financial expansion. […]
Trump urges Fed chairman Jerome Powell to lower rates following poor hiring figures
Private Sector Employment Falls Short of Expectations Employment numbers in the private sector showed unexpected weakness on Wednesday. According to data from ADP, private employers added only 37,000 jobs in May, marking the lowest level since March 2023. This figure is notably down from a revised count of 60,000 jobs in April and falls short […]