Monday, March 16
New Delhi, State-owned Bank of Baroda (BoB) on Monday announced a 30-basis-point reduction in its car loan interest rates, effective immediately.The bank's floating rate now starts from 7.6 per cent per annum, BoB said in a statement.The bank also offers an attractive fixed rate of interest on Baroda car loans, starting at 8.5 per cent per annum.The new rate beginning at 7.6 per cent is available on the purchase of a new car and is linked to a borrower's credit profile, it said.In addition to a reduced rate of interest, the bank is also offering borrowers zero prepayment/part-payment charges on floating rate car loans for individual borrowers, it said.Further, the interest on Baroda Car Loans - both fixed and floating loans - is calculated on the daily reducing balance method, making it ev
US President Donald Trump on Sunday (local time) congratulated Japanese Prime Minister Sanae Takaichi and her coalition on what he described as a "landslide victory" in Japan's general election, calling the outcome historic and praising her leadership.In a post on Truth Social, Trump said, "Congratulations to Prime Minister Sanae Takaichi and her Coalition on a LANDSLIDE Victory in today's very important Vote." He described Takaichi as "a highly respected and very popular Leader" and said her decision to call an election had "paid off big time."Trump noted that Takaichi's party now commands a two-thirds supermajority in the legislature, terming it "a HISTORIC TWO THIRDS SUPERMAJORITY -- the first time since World War II." He added, "It was my Honor to Endorse you and your Coalition. I wish
Mumbai: The Reserve Bank of India's December rate cut was perhaps the last in the recent easing cycle, with economists expecting a pause, citing a slight uptick in inflationary pressures amid elevated commodity prices and a weaker rupee, and improving growth prospects. Eleven of 14 economists polled by ET expect no further reduction in the policy rate in the coming months. Proposed trade deals with the USA, the European Union and others have increased growth prospects, thus reducing pressure on the central bank to lower rates to push growth, economists said. The Monetary Policy Committee (MPC) of the RBI on Friday kept the policy rate unchanged at 5.25% after lowering it 125 basis points in the last one year. "The upward revision of inflation and GDP growth forecast gives a hawkish tilt to
New Delhi, A joint platform of 10 central trade unions on Monday said that the call for a nationwide general strike on February 12 is on, and not less than 30 crore workers across the country are expected to join the protest. The group of unions had given a call for a nationwide strike on January 9, 2025, to show their "resistance to anti-worker, anti-farmer and anti-national pro-corporate policies of the central government". All India Trade Union Congress General Secretary Amarjeet Kaur told reporters that this time "not less than 30 crore workers will participate in the strike called on February 12 (Thursday). Last time on July 9, 2025, about 25 crore workers took part in the agitation. She informed that the strike will see its impact in 600 districts of the country, which is higher than
