benchmark interest rate

All finance ministers have perpetual desire for lower rate: FM

Finance Minister Arun Jaitley today said that he expected the RBI to cut interest rate but respect its decision to hold status quo.

Feb 11, 2017, 15:55 PM IST

New Zealand cuts benchmark rate to record low

New Zealand`s central bank cut interest rates to a record low on Thursday, citing the country`s struggling dairy industry and a deteriorating global outlook.

Mar 10, 2016, 02:10 AM IST