Articles for Interest

Jharkhand HC Reduces Interest Rate, Compensation By MACT To Family Of Deceased 50-Year-Old, Cites Excessive Award Under Conventional Head
10 hours, 35 minutes ago

Jharkhand HC Reduces Interest Rate, Compensation By MACT To Family Of Deceased 50-Year-Old, Cites Excessive Award Under Conventional Head

Live Law  

The Jharkhand High Court has slashed the interest rate on compensation awarded to the family of a 50-year-old barber who was struck by a mini-bus, ruling that the 12% annual interest granted by the Motor Accident Claims Tribunal, Dumka, was excessive. Justice Subhash Chand, presiding over the case, reduced the interest rate to 7.5%, stating, “The impugned Award passed by …

Insurance Compensation Court Interest Company Tribunal High
Your credit card defaults may pinch much more
23 hours, 12 minutes ago

Your credit card defaults may pinch much more

Deccan Chronicle  

Mumbai: The next time you miss credit card payments, you may be hit by much higher interest charges and late fees then what you may be paying now.In a move that will give lenders more freedom to set their own interest rates for credit card defaults, the Supreme Court has set aside an order of the National Consumer Disputes Redressal …

Credit Bank Pay Interest Rates Interest Card Rates
Supreme Court Monthly Digest- October 2024 With Statute And Subject Wise Index
1 day, 8 hours ago

Supreme Court Monthly Digest- October 2024 With Statute And Subject Wise Index

Live Law  

Advocate Supreme Court deprecates practice of litigant engaging new lawyer to reargue case after court expressed dissatisfaction on merits. Airports Economic Regulatory Authority of India v. Delhi International Airport, 2024 LiveLaw 812 Arbitration and Conciliation Act, 1996 Section 11 - Arbitration Clause in Public Premises Disputes – Applicability of the Public Premises Act, 1971 vis-à-vis the Arbitration and Conciliation Act, …

India Delhi Supreme Court High Court Court Proceedings Bihar Constitution
Transforming the party: Democrats have failed us — it's time to rebuild from the ground up
1 day, 15 hours ago

Transforming the party: Democrats have failed us — it's time to rebuild from the ground up

Salon  

Would it not be simpler for the government to dissolve the people and elect another? — Bertolt Brecht It took just over three weeks for top aides on the Kamala Harris campaign to appear on "Pod Save America" and, as a HuffPost writer put it, suggest they'd been doomed all along by a fossilized sense “that there just wasn’t much …

Politics Social Media Public Health Trump Pennsylvania Party Democratic
Apex Court Sets Aside Interest Rate Cap On Late Credit Card Bill Payments
Trending News
2 days, 7 hours ago

Apex Court Sets Aside Interest Rate Cap On Late Credit Card Bill Payments

ABP News  

The Supreme Court on Friday set aside an order from the National Consumer Disputes Redressal Commission regarding interest rates on late credit card bill payments. The court ruled that interest rates will not be capped at 30 per cent per annum for late bill payments related to credit cards. Notably, the NCDRC earlier in 2008 ruled that levying more than …

Credit Interest Rates Card Rate Rbi Ncdrc Court Sets
SC allows banks to charge over 30% interest on credit card; overturns NCDRC cap
Trending News
2 days, 21 hours ago

SC allows banks to charge over 30% interest on credit card; overturns NCDRC cap

The Hindu  

The Supreme Court on Friday allowed appeals filed by banks challenging a 2008 National Consumer Disputes Redressal Commission order, which held that charging over 30% interest on credit card dues amounted to unfair trade practice under the Consumer Protection Act. The NCDRC had passed the order in 2008 on the questions whether banks could charge the credit card users interest …

Credit Card Interest Ncdrc
BORIS JOHNSON: Hapless Starmer and Reeves are doing for Britain's economy what Harold Shipman did for gerontology. But at least young voters are learning about the Doom Loop of Socialism
2 days, 22 hours ago

BORIS JOHNSON: Hapless Starmer and Reeves are doing for Britain's economy what Harold Shipman did for gerontology. But at least young voters are learning about the Doom Loop of Socialism

Daily Mail  

I have been struggling all morning to find reasons to be cheerful. Prime Minister Sir Keir Starmer and Chancellor Rachel Reeves are the very people who are meant to be promoting growth, but they are in fact destroying it, writes Boris Johnson These Labour goons have a vast majority. Many young people don't even remember Tony Blair and Gordon Brown, …

Business Economy Growth Tax Labour Interest Rates Young
Russia’s central bank holds off on interest rate hike amid friction between inflation, war spending
3 days, 3 hours ago

Russia’s central bank holds off on interest rate hike amid friction between inflation, war spending

Associated Press  

Russia’s central bank has left its benchmark interest rate at a record 21%, holding off on further increases despite high consumer inflation fueled by the Kremlin’s war against Ukraine. The central bank held open the possibility of an increase at its next meeting and said inflation was expected to fall to an annual 4% next year from its current 9.5%. …

Europe Russia Inflation Bank Central Putin Russian
Employee Of Aided Schools Can Directly Recover Grant In Aid From The State Government : Rajasthan High Court
3 days, 10 hours ago

Employee Of Aided Schools Can Directly Recover Grant In Aid From The State Government : Rajasthan High Court

Live Law  

A single judge bench of the Rajasthan High Court, comprising of Justice Sudesh Bansal held that the grant-in-aid can be sanctioned and paid directly by the State Government to the employees of the aided educational institutions. The Rajasthan Non-Government Educational Tribunal, Jaipur directed that for employee's dues against pay & allowances, arrears of salary on revision of pay-scale and grant …

Rajasthan Court State Government Pay Interest Payment State
Maharashtra RERA Directs Godrej Skyline Developers To Refund Full Booking Amount Paid By Homebuyer With Interest
3 days, 12 hours ago

Maharashtra RERA Directs Godrej Skyline Developers To Refund Full Booking Amount Paid By Homebuyer With Interest

Live Law  

Maharashtra Real Estate Regulatory Authority bench comprising of Ravindra Deshpande directed Godrej Skyline Developers Pvt Ltd to fully refund the booking amount paid by the homebuyer with interest. The bench observed that the allotment letter contained coercive terms and that the booking amount did not fall under the definition of earnest money as per the application form. Feeling aggrieved by …

Form Builder Booking Refund Authority Homebuyer Earnest Money
Fed lowers rates but sees fewer cuts ahead
Top News
3 days, 15 hours ago

Fed lowers rates but sees fewer cuts ahead

China Daily  

US Federal Reserve Chair Jerome Powell departs after speaking at a press conference where he announced the Fed had cut interest rates by a quarter point following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, US, December 18, 2024. WASHINGTON — The US Federal Reserve on Wednesday slashed interest rates by 25 basis …

Fed Rate
China's loan prime rates remain unchanged
3 days, 15 hours ago

China's loan prime rates remain unchanged

China Daily  

BEIJING -- China's one-year loan prime rate, a market-based benchmark lending rate, came in at 3.1 percent Friday, unchanged from the previous month. The over-five-year LPR, on which many lenders base their mortgage rates, also remained unchanged from the previous reading of 3.6 percent, according to the National Interbank Funding Center. Analysts believe the lower lending rate will help relieve …

China Lpr Rates Remain
Sensex, Nifty extend losses amid weak global cues
Top News
3 days, 15 hours ago

Sensex, Nifty extend losses amid weak global cues

India Today  

Benchmark indices on Dalal Street continued their losing streak on Friday, tracking declines in Asian markets after the US Federal Reserve projected fewer interest rate cuts next year. Meanwhile, the rupee hit a fresh record low of 85.10 against the US dollar, raising concerns about potential foreign institutional investor outflows. Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial …

Nifty Rate Losses Amid
Trump transfers entire $4B stake in Trump Media to his trust
3 days, 15 hours ago

Trump transfers entire $4B stake in Trump Media to his trust

Salon  

President-elect Donald Trump has transferred all of his Trump Media shares to the Donald J. Trump Revocable Trust, controlled by his eldest son, Donald Jr., according to regulatory filings revealed Thursday. The Securities and Exchange Commission filing showed that Trump received no money for the roughly 115 million shares in Trump Media & Technology Group — the parent company of …

Trust Trump Media Sec Media Shares Trump Media Shares Entire 4B
As the Bank of England holds interest rates, should we fear ‘stagflation’?
Trending News
3 days, 22 hours ago

As the Bank of England holds interest rates, should we fear ‘stagflation’?

The Independent  

Should “stagflation” be our word of the day? Concern about the other problems might explain why the Bank of England’s committee voted the way it in deciding to hold rates even when other central banks have been cutting. The doves this time were concerned about Britain’s “weakening labour market” – although it would have to weaken a lot for Britain …

Bank Interest Rates High Cent Rate Reeves Cut
Bank of England HOLDS interest rates despite UK economy stalling after Labour's Budget raid - with fears over resurgent inflation
Trending News
4 days, 3 hours ago

Bank of England HOLDS interest rates despite UK economy stalling after Labour's Budget raid - with fears over resurgent inflation

Daily Mail  

The Bank of England kept interest rates on hold today despite mounting alarm at the stalling economy. Interest rates, which influence how much banks charge for loans and mortgages, are used as a tool by the central bank to keep inflation at its 2 per cent target level. Most economists had thought the latest data, and the prospect of price …

Inflation Labour Budget Bank Interest Rates Cent Rates
Interest rates held at 4.75%: What it means for your mortgage and savings
4 days, 3 hours ago

Interest rates held at 4.75%: What it means for your mortgage and savings

Daily Mail  

The Bank of England has opted to hold the base rate at its current level, meaning interest rates will finish the year at 4.75 per cent. Today's decision to hold the base rate at 4.75 per cent may seem like bad news for mortgage borrowers, many of whom will be desperate for their monthly costs to fall. Tracker rates follow …

Savings Bank Interest Rates Interest Harris Cent Rates
Bank of England warns of ‘heightened uncertainty’ as it keeps interest rates on hold
4 days, 4 hours ago

Bank of England warns of ‘heightened uncertainty’ as it keeps interest rates on hold

Associated Press  

LONDON — The U.K.’s central bank warned Thursday of “heightened uncertainty” as it kept interest rates on hold after inflation moved further above target, even at a time when the British economy is flatlining at best. The Bank of England’s nine-member Monetary Policy Committee kept its main interest rate unchanged at 4.75% with new data showing inflation rising to 2.6%, …

England Bank Interest Rates Interest Bank Of England Inflation Rates Heightened Uncertainty
Interest rates live updates: Bank of England verdict due after surprise inflation rise
Top News
4 days, 5 hours ago

Interest rates live updates: Bank of England verdict due after surprise inflation rise

The Independent  

Chancellor of the exchequer Rachel Reeves said the figures are a ‘reminder that for too long the economy has not worked for working people For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN …

Bank Interest Rates Cent Inflation Rise
Bank of England set to keep interest rates on hold TODAY despite UK economy stalling after Labour's Budget raid - with fears over resurgent inflation
Top News
4 days, 6 hours ago

Bank of England set to keep interest rates on hold TODAY despite UK economy stalling after Labour's Budget raid - with fears over resurgent inflation

Daily Mail  

The Bank of England is set to keep interest rates on hold today despite mounting alarm at the stalling economy. Interest rates, which influence how much banks charge for loans and mortgages, are used as a tool by the central bank to keep inflation at its 2 per cent target level. Rob Wood, chief UK economist for Pantheon Macroeconomics, said: …

Inflation Budget Bank Interest Rates Cent Today Rates
How Indian stock market reacts after US Federal Reserve lowers interest rates | Know here
4 days, 9 hours ago

How Indian stock market reacts after US Federal Reserve lowers interest rates | Know here

India TV News  

Indian stock markets saw a sharp decline on December 19, 2024, following a sell-off in global markets triggered by the US Federal Reserve’s projections for fewer rate cuts in 2025. Global market trends affect domestic markets The decline in Indian markets was due to the US. Global markets reflect similar trends Asian markets mirrored the Indian market’s negative performance. Outlook …

Global Markets Market Interest Rates Global Markets Nifty Decline
Stock market today: Wall Street ends little changed after giving up a big morning gain
4 days, 10 hours ago

Stock market today: Wall Street ends little changed after giving up a big morning gain

Associated Press  

NEW YORK — An early rebound for U.S. stocks on Thursday petered out by the end of the day, leaving indexes close to flat. The S&P 500 edged down by 0.1% following Wednesday’s tumble of 2.9% when the Federal Reserve said it may deliver fewer cuts to interest rates next year than earlier thought. The computer memory company’s revenue fell …

Stock Market Market Interest Rates Interest Revenue Fed Quarter
CNN panelists shout over each other as Dem says MAGA has 'no interest in governing'
4 days, 10 hours ago

CNN panelists shout over each other as Dem says MAGA has 'no interest in governing'

Raw Story  

CNN panelists shouted on Wednesday night during a lively discussion over the GOP's ill-fated spending bill, which was torpedoed by President-elect Donald Trump and his close ally Elon Musk. During the discussion, Democratic strategist Maria Cardona told the panel on "NewsNight" that Republicans showed they have "no ability to govern" following news that House Speaker Mike Johnson's temporary spending bill, …

Trump Musk Republicans Bill Cardona Rampell Aidala
Sen. Warren urges Trump to hold Musk accountable for conflicts of interest
4 days, 15 hours ago

Sen. Warren urges Trump to hold Musk accountable for conflicts of interest

NPR  

Sen. Warren urges Trump to hold Musk accountable for conflicts of interest toggle caption Brandon Bell/Getty Images North America Sen. Elizabeth Warren, D-Mass., says Elon Musk should be required to comply with the same stringent conflict of interest rules that federal employees have to follow. Sponsor Message "He either needs to divest his ongoing interests or he needs to fence …

Conflict Conflicts Tesla Companies Musk Elon Musk Federal