Try GOLD - Free
Big savings on home loans as EMIs to fall
Financial Express Chennai
|June 07, 2025
On a ₹1.5 cr loan, you can save up to ₹55,524 a year
The 50-basis-point cut in the repo rate will lead to reduction in interest rates for both new and existing home loans. The transmission would be quickest and absolute for existing home loans linked to the repo rate.
This story is from the June 07, 2025 edition of Financial Express Chennai.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Chennai
Financial Express Chennai
Govt maintains 60-day fuel buffer, allays rationing fears
INDIA HAS MAINTAINED nearly 60 days of crude oil and petroleum product stocks along with over one-and-a-half months of LPG reserves amid prolonged disruptions caused by the West Asia conflict, while simultaneously fast-tracking the ambitious Samudra Manthan deep-sea exploration programme to strengthen long-term energy security.
1 min
May 12, 2026
Financial Express Chennai
Govt mulls urgent steps to save forex
THE GOVERNMENT IS considering emergency measures to shore up foreign exchange reserves, including curbing non-essential imports like gold and electronic goods, and hiking fuel prices, to help cushion the economy from the fallout of the US-Iran war, people familiar with the matter said, reports Bloomberg.
1 mins
May 12, 2026
Financial Express Chennai
Youth unemployment rises 15% in Jan-Mar, highest in 4 quarters
UNEMPLOYMENT AMONG YOUTH rose to a four-quarter high of 15% in the January-March quarter, up from 14.3% in October-December, according to the Periodic Labour Force Survey (PLFS) released by the Ministry of Statistics and Programme Implementation (MoSPI).
1 min
May 12, 2026
Financial Express Chennai
TO ATTRACT PRIVATE INVESTMENTS Govt weighs smaller nuclear safety zones
INDIA PLANS TO reduce the size of exclusion zones around nuclear plants to free up significant amounts of land for reactor expansions, three officials familiar with the matter said, in a move to attract private investment that is likely to face backlash from opposition parties and the public.
2 mins
May 12, 2026
Financial Express Chennai
PVR Inox swings to ₹187-crore profit in Q4
PVR INOX, THE country’s largest multiplex operator, swung into the black in the March quarter (Q4FY26),aided by the success of films such as Dhurandhar-The Revenge, Border 2, and Project Hail Mary.
1 min
May 12, 2026
Financial Express Chennai
Cooking oil processors seek freight subsidies from govt
Call for “priority berthing status” to vessels carrying cooking oils
1 mins
May 12, 2026
Financial Express Chennai
AIADMK stands divided over support to TVK
THE RECENT ELECTION drubbing has resulted in an internal rift in the AIADMK, with the MLAs divided over extending support to the ruling TVK in Tamil Nadu, while signs of revolt against party chief Edappadi K Palaniswami were also visible.
2 mins
May 12, 2026
Financial Express Chennai
Hike FTA utilisation: Commerce secy
INDIAN INDUSTRY NEEDS to leverage and utilise the Free Trade Agreements (FTA) that are operational or are in offing as they provide huge opportunities for trade and investments, Commerce Secretary Rajesh Agrawal said on Monday.
1 min
May 12, 2026
Financial Express Chennai
India Inc bets on the future
We must build our own Al infra: Adani
1 mins
May 12, 2026
Financial Express Chennai
Canara Bank posts 10% fall in March qtr profit
LENDER’S INTEREST INCOME RISES TO %31,838 CRIN Q4
2 mins
May 12, 2026
Listen
Translate
Change font size