With the Centre easing tax burdens and the RBI cutting interest rates, all eyes are now on the states to take further steps to boost consumption. The GST Council is planning to drop the 12% slab ...

Money market accounts are a type of deposit account that typically offer high interest rates on your savings, along with the accessibility a checking account provides, such as a debit card and/or ...

In the United States, the authority to set interest rates is divided between the Board of Governors of the Federal Reserve (Board) and the Federal Open Market Committee (FOMC). The Board decides ...

In Japan, interest rates are set by the Bank of Japan's Policy Board in its Monetary Policy Meetings. The BoJ's official interest rate is the discount rate. Monetary Policy Meetings produce a ...

Gold prices in Pakistan slid to Rs306,300 per tola (11.7 grammes) after a Rs2,400 decline on Wednesday, while silver fell Rs36 to Rs3,314 per tola, according to data from the All-Pakistan Gems and ...

Holly Johnson is a freelance contributor to Newsweek’s personal finance team with a focus on credit cards and rewards, financial products and travel. Johnson has spent more than a decade ...

Jess Ullrich is a freelance contributor on Newsweek’s personal finance team. As a former financial editor, her expertise spans several verticals, but she particularly enjoys covering banking ...

The Federal Reserve sets the federal funds target rate, also known as the fed funds rate, which is the interest rate at which commercial banks lend to each other overnight. Below, CNBC Select ...

Piyush Goyal urged Japanese companies to focus more on producing goods and services in India that can be supplied to Japan. Union Minister of Commerce & Industry Piyush Goyal on Friday expressed ...

The Reserve Bank has cut the Official Cash Rate (OCR) by 50 basis points in its February Monetary Policy Statement. The move takes the OCR from 4.25% to 3.75%, and retail banks have moved quickly ...

The focus of the paper is to issues why India needs this reform & how GST impact on different sections of the economy. Finding suggests that earlier multiple taxes in the country with different rates ...