Is the money multiplier theory a lie? Discover the truth about how commercial banks actually create money. Learn why outdated economic textbooks and YouTube videos get it wrong, and what really limits ...

Barclays is to return at least £10 billion to shareholders over the next three years as part of plans unveiled by boss C.S. Venkatakrishnan today. The dividend and buyback pledge came as the banking ...

How to Calculate the Repo Rate? The interest rates that commercial banks pay to the RBI or get when they put money in the RBI ... of a bank's cost of funds. The formula used to calculate MCLR ...

RBI MPC meeting announcements: Governor Sanjay Malhotra, in his first policy review, estimated India’s GDP growth rate for the FY26 to be 6.7. Governor Malhotra said Q1 is expected to be at 6.7 ...

Asset management bosses have praised the Labour government’s efforts to boost economic growth and the competitiveness ... focus on attracting more foreign money into Britain.

Economists had largely expected this rate cut due to the UK’s poor growth data in recent times. In the July to September quarter (Q3) in the UK, the economy showed no growth, underperforming even the ...

Andrew Bailey says he is a "very strong supporter" of the growth agenda, saying potential growth rates in the UK have been low since the 2009 financial crisis.

Chancellor Rachel Reeves has said she is “not satisfied” with the UK’s growth rate after the Bank of England downgraded the economy’s short-term prospects. The Bank’s Monetary Policy ...

Forecasts for economic growth in 2026 and 2027 were nudged up to 1.5 per cent from 1.25 per cent. The forecasts were based on market expectations for a slower pace of rate cuts than in November ...

Wall Street was mostly lower on Wednesday despite US employment growth picking ... 97% probability of a rate cut, marking the third reduction in borrowing costs since the peak of 5.25% in August 2023.

With Q2FY25 growth progressing at 5.4% and the economy adapting to evolving wage dynamics, the government has taken proactive steps to empower households, fuel entrepreneurship, and drive business ...