Tag Archives: interest

Who can claim tax benefit on interest paid on education loan?

The advantage of an education loan is that if the parent doesn’t have money, the loan can be repaid after the child completes the course and gets a job. Photo: iStockphoto Education costs are spiralling. The fee for a masters or diploma in management from premier institutes can be about ₹ 25 lakh, while many private medical institutes charge about ... Read More »

100 percentile in CAT 2016, but this man has no interest in any admission

With no coaching and no future plan, Nilanjan Dutta scored 100 percentile in CAT 2016. 100 percentile in CAT 2016, but this man does not want to take admission in: Here why? RELATED STORIES CBSE Class 10 Board Exam 2017: Datesheet released at cbse.nic.in CAT 2016: Avidipto Chakraborty tops exam with 100 per cent CBSE Board Exams Class 10, Class ... Read More »

Batman – The Telltale Series review: Wayne-ing interest

Like Game of Thrones, Telltale’s Batman tries to escape the constraints of its well-established universe but ends up falling into the same patterns and railroading the player through a story devoid of… I’m starting to think that the more high-profile the source material, the worse the Telltale adaptation. It’s not a hard and fast rule, I guess. The Walking Dead ... Read More »

Trump win casts doubt on Fed’s plans to hike interest rates

Getty Images Janet Yellen Donald Trump’s victory in the U.S. presidential race throws into question the core assumption in global financial markets that the Federal Reserve will raise interest rates soon and follow with further gradual hikes over coming years. Financial markets swooned after Trump’s win, with the dollar and stocks sinking and safe-haven sovereign bonds and gold shooting higher, ... Read More »

Wall Street banks bet on Federal Reserve increasing interest rates

Big banks aren’t giving up on a rate hike just yet, and their most recent comments reinforce that. Many Wall Street banks are pricing in expectations for an interest rate rise from the Federal Reserve, which would be a shot in the arm for their businesses. Economists see rising optimism from the Federal Open Market Committee, which could lead to ... Read More »

Interest rate futures see next Fed move being a rate cut

Following another round of financial market turbulence, fed fund futures contracts don’t see the Federal Reserve raising rates until at least February 2018 and in fact are pricing in a small likelihood of a rate cut. Diminished expectations for rates come as investors worry that a global slowdown could send the U.S. into a recession this year. Markets appeared to ... Read More »

Banks are prepared for low interest rates: CEO

As market volatility persists market watchers eye the Federal Open Market Committee next week. European Central Bank President Mario Draghi announced on Thursday that the Bank may have to revise the current monetary policy, which created speculation on the Street that there will be monetary stimulus as early as March. Low interest rates are a challenge for the banking industry, ... Read More »