Business

Mortgage rates Just under a third of households have a mortgage, according to the government’s English Housing Survey, external. About 600,000 homeowners have a mortgage that “tracks” the Bank of England’s rate, so a base rate change has an immediate impact on monthly repayments. A 0.25 percentage point cut would typically save them about £29 on their monthly repayments, according …

Another cut in interest rates, and the surprise here was that more consideration was given to a bumper half a percentage point cut in rates today, as the UK’s economic stagnation is forecast to extend into the first part of this year. If everything was equal, the assumption would be that the weak economy would now lead to further gradual …

This is the first MPC meet of the newly appointed RBI Governor Sanjay Malhotra. RBI MPC meet date, time: Reserve Bank of India’s Monetary Policy Committee (MPC) meeting is being keenly watched this week for a possible repo rate cut of 25 basis points. This is the first MPC meet of the newly appointed RBI Governor Sanjay Malhotra.RBI’s monetary policy …

February 2025 Bank Holidays (AI image) Bank Holidays February 2025: The RBI has announced bank closures for February 2025, with holidays varying across different states and regions in India. These closures include both national holidays and state-specific observances.Various states will observe bank holidays for different festivals and occasions including Saraswati Puja, Thai Poosam, Guru Ravi Das’s Birthday, Lui-Ngai-Ni, Chhatrapati Shivaji …

Income tax slabs FY 2025-26: The most important takeaway is that individuals earning up to Rs 12 lakh will have to pay ZERO tax. (AI image) Latest Income Tax Slabs FY 2025-26 after Budget 2025: The income tax slabs and income tax rates under the new tax regime have been revised for FY 2025-26. The revised income tax slabs were …

Google has become the latest big US firm to scrap its goals to recruit more workers from underrepresented groups, BBC News understands. The decision to abandon the diversity, equity, and inclusion (DEI) recruitment targets comes after the company carried out an annual review of its corporate policies. The technology giant is also reviewing some of its other DEI programmes. US …

Nifty shows potential movement towards 24,050 near-term, with support at 23,500. (AI image) Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened in green on Thursday. While BSE Sensex was above 78,300, Nifty50 was near 23,700. At 9:22 AM, BSE Sensex was trading at 78,341.20, up 70 points or 0.089%. Nifty50 was at 23,708.70, up 12 points …

Top stocks to buy (AI image) Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President – WM Research, Nuvama Professional Clients Group, Aditya Birla Fashion and Retail Ltd, L&T Finance Ltd, and Tech Mahindra are the top stock picks for today. Here’s his view on Nifty, Bank Nifty and the top stock picks for February 6, 2025.Index …

BBC Don’t mess with Canada – that’s the private message to the US from the very top of Ottawa’s political system. Just like nearly a century ago with the infamous American Smoot-Hawley tariffs, Canada got its retaliation in to Donald Trump’s import taxes very quickly. While the White House is claiming Canada’s pledge to spend $1.3bn (£1bn) on a border …

Goldman Sachs has a ‘sell’ call on Asian Paints with a target price of Rs 2,275. Analysts said October-December quarter was below estimates, as EBITDA and margins declined, driven by negative operational leverage impacted by increase in staff costs. The paints major’s revenue decline worsened, driven by deteriorating mix. They feel near term demand likely to remain subdued and it …