April 25, 2024 07:11 (IST)
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Centre moves Supreme Court seeking modification of 2012 verdict in 2G spectrum case | 'Robert Vadra Ab Ki Baar' posters in Amethi as suspense looms over Congress candidate | Sam Pitroda's comment on wealth distribution stirs row, Congress distances itself, Amit Shah says 'party exposed' | Renowned dancer and ex-professor at Chennai academy arrested on sexual harassment charges | 'Has anyone robbed your mangalsutra during Congress rule?' Priyanka Gandhi counters PM's charge

RBI and Bank of England sign MoU to end CCIL deadlock

Mumbai: The Reserve Bank of India and Bank of England Friday inked a memorandum of understanding (MoU) to end the imbroglio over British banks’ participation in Indian bonds and derivative market.

Bank of England raises interest rate by 50 bps to 4 pc; warns more hikes in the future

London: Bank of England raised interest rate by 50 basis points to 4 percent, the 10th increase since UK’s central bank started hiking in December 2021, bringing the key rate to its highest since 2008, Bloomberg reported.

UK braces for likely biggest rate hike in decades

London/UNI: The Bank of England is expected to announce the biggest hike in interest rates in more than three decades at 12 pm on Thursday local time.