The Goods and Services Tax (GST) Council may settle for a reduction in the tax rates on health & life insurance, instead of a full waiver. The GST, which now applies at 18% on gross premiums ...

Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans. By Tara Siegel Bernard and Ron Lieber The Federal Reserve is ...

as well as reducing the GST rate to 5 percent on health insurance policies with a coverage of up to Rs 5 lakh. The demand for a GST reduction on insurance has been a longstanding one, particularly ...

Federal Reserve Bank of Atlanta President Raphael Bostic said he now sees just one interest-rate cut as likely this year, rather than two, with tariff hikes impeding progress on disinflation.

The Federal Reserve held interbank lending rates steady on Wednesday at a range of 4.25 to 4.5 percent despite some signs that the economy may be heading for a slowdown. The decision to keep rates ...

Al Drago/Bloomberg via Getty Images The Federal Reserve’s dot plot showed that officials still see two more rate cuts coming in 2025 and another two in 2026, though expectations varied among ...

Federal Reserve policymakers are meeting this week and are expected to announce a decision on interest rates on Wednesday, likely leaving rates unchanged amid uncertainty over the economy and ...

Turkey’s central bank raised one of its key interest rates in a surprise meeting on Thursday, the latest move by authorities to reverse a decline in the lira. The monetary authority hiked the ...

If you click on links we provide, we may receive compensation. SouthWorks / Getty Images Rates for new 30-year loans have been wavering in an elevated range the last three weeks—but ended last ...

WASHINGTON (AP) — The Federal Reserve kept its benchmark interest rate unchanged Wednesday and signaled that it still expects to cut rates twice this year even as it sees inflation staying ...

0:38 Feds eliminating GST on new, ‘substantially renovated’ homes under $1M: Carney Prime Minister Mark Carney says his government will scrap the GST for first-time homebuyers who purchase a ...

Mortgage rates are trending downward from recent peaks. They could fall further if the economy continues to slow and the Fed cuts rates. However, that might not make it much easier to buy a house ...