By Atul MongaIn today’s housing market, buying your dream house is nearly impossible without a home loan. However, the burden of high interest rates can become daunting for many. Nonetheless, with the right strategies in place, one can substantially alleviate this financial burden and pave the way towards a more convenient repayment journey. Explained below…
Underlying US inflation eased for a fourth month on an annual basis in July, keeping the Federal Reserve on track to lower interest rates next month.The so-called core consumer price index — which excludes food and energy costs — increased 3.2% in July from a year ago, still the slowest pace since early 2021. The…
Fixed deposit (FD) investors have benefited from rising interest rates over the past 1-2 years, with rates reaching their peak and remaining there for a considerable time. However, this favorable situation is not expected to continue indefinitely. Although the Reserve Bank of India (RBI) has maintained the repo rate, it is anticipated that this may…
India’s inflation accelerated to a four-month high in June, justifying the central bank’s decision to keep interest rates higher for longer. The consumer price index rose 5.08% from a year earlier, compared with 4.75% in May, the Statistics Ministry said Friday. That’s faster than the median forecast of a 4.80% increase predicted by economists in…
CHENNAI: Buying an EV? Is the financing rate on offer the same if you were to buy a petrol or diesel vehicle? The answer is both yes and no. In electric passenger vehicles, the rates are competitive with ICE and sometimes lower as well. In e-two-wheelers, the rates are invariably higher depending on the brand…
