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  Mumbai toll plazas to witness rate hike up to 19% from October 1 | Check new prices

  Maharashtra | September 15, 2023 11:19 IST

  According to the new notification issued by the government, toll rates in Mumbai will increase from 12 to about 19 per cent.

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  UK poised to enact biggest interest rate hike in 3 decades

  World | November 03, 2022 15:18 IST

  UK interest rate hike: Economists expect the bank to boost its key rate by at least three-quarters of a percentage point, to 3%, after consumer price inflation returned to a 40-year high in September.

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  RBI cuts growth forecast to 7% for current fiscal

  Business | September 30, 2022 11:48 IST

  Unveiling the fifth monetary policy for this fiscal, RBI Governor Shaktikanta Das said the central bank remains committed to price stability to put the country on a sustained path of growth.

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  European Central Bank makes largest-ever interest rate hike

  Business | September 08, 2022 19:05 IST

  ECB followed the US Federal Reserve and other central banks in a global stampede of rapid rate hikes meant to snuff out record inflation that is squeezing consumers and pushing Europe toward recession.

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  RBI likely to slow down pace of rate hikes, may raise rates by 0.25 pc in Sept: Deutsche Bank

  Business | August 22, 2022 21:30 IST

  RBI rate hike: In a report, the Germany-based bank said the RBI will respond with a slower pace of rate hikes from here, basing the expectation on the recently released minutes of the last meeting of the Monetary Policy Committee (MPC).

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  ICICI Bank raises lending rate by 15 bps

  Business | August 01, 2022 14:59 IST

  The rate hike comes ahead of the RBI's Monetary Policy Committee (MPC) meeting later this week. It is widely expected that the MPC would hike interest rates to tame high inflation.

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  HDFC hikes lending rate by 25 bps; home loan to be costlier

  Business | July 30, 2022 21:03 IST

  HDFC hikes lending rate: This is the fifth hike effected by HDFC in two months. In all, the rate has increased by 115 basis points since May this year.

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  Bank of England hikes interest rates but resists bolder move

  Business | June 16, 2022 17:51 IST

  While the United Kingdom's central bank began raising interest rates earlier than its counterparts, the Bank of England is now trailing the US Federal Reserve in the worldwide fight against inflation fuelled by soaring food and energy prices.

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  RBI hikes repo rate by 50 basis points to 4.90% to tame inflation; EMIs set to go up

  Business | June 10, 2022 17:37 IST

  RBI's decision to raise the interest rate is aimed at doubling down the fight to contain inflation that has surged in the last couple of months.

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  How RBI rate hike will tame inflation? Explained

  Business | May 05, 2022 17:11 IST

  The Reserve Bank of India in a surprise move on Wednesday (May 4) announced to hike the repo rate by 40 basis points to 4.40 per cent, the first hike since August 2018.

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  Markets erase gains after initial euphoria to end flat; Nifty ends below 16,700

  May 05, 2022 17:00 IST

  The 30-share BSE benchmark Sensex had jumped 897.77 points or 1.61 per cent to 56,566.80 during the day. But it pared most of the gains and closed just 33.20 points or 0.06 per cent higher at 55,702.23. Similarly, the NSE Nifty inched up 5.05 points or 0.03 per cent to 16,682.65.  

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  US Fed Reserve signals rate hike in September

  June 18, 2015 6:50 IST

  Washington: The Federal Reserve, America's central bank, has decided not to raise interest rates in June, but signalled that the long-awaited rate hike could come in September as the economic activity picks up."The committee expects

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  BEST hints at rate hike, a day after losing case against Tatas

  May 10, 2014 16:40 IST

  Mumbai: The state-run Bombay Suburban Electricity and Transport (BEST) hinted at an increase in its electricity tariff today, for its low-end residential customers, to recover the loss it would suffer for losing its high-end consumers

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  Jan 28 rate hike: Rajan went against majority view yet again

  February 17, 2014 22:14 IST

  Mumbai: RBI Governor Raghuram Rajan went against the majority view in the bank's technical advisory committee (TAC) while announcing a surprise 0.25 per cent hike in key rates in the January 28 policy review, as

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  Sensex down 167 pts to 3-week low as rate hike fears resurface

  September 27, 2013 20:19 IST

  Mumbai: The benchmark S&P BSE Sensex dropped almost 167 points to a three-week low today after RBI Governor Raghuram Rajan's comments on inflation raised concerns about interest rates.Banking and realty sector stocks, which are sensitive

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  RBI Hints At Another Rate Hike To Tame Inflation

  October 24, 2011 17:47 IST

  Mumbai, Oct 24: With inflation remaining high, the Reserve Bank today indicated that it may go for another round of interest rate hike tomorrow even though the step may impact the economic growth."Inflation risk...persists. The