Latest Updates Around The World
The Indian rupee, already Asia’s worst performing currency in FY26, lost 50 paise on Monday as Iranian attacks on major West Asian energy assets caused crude oil prices to rise by around 10% despite pledges from major global exporters to modestly increase production.The rupee closed below 91 to the dollar for the first time in […]
Despite higher nominal valuations, selected sectors continue to offer a compelling view of structural growth. Viraj Gandhi, CEO, SAMCO Mutual Fund, believes that defence, financials and consumer discretionary sectors are well-positioned to benefit from policy support, balance sheet strength and changing demand dynamics. He advocates a momentum-based, risk-calibrated approach to navigating the current market cycle.Edited […]
Indian government bonds closed lower on Thursday after a choppy session as traders looked ahead to the penultimate debt auction of the current financial year and the first GDP growth figures in a new series.The 6.48% bond yield for 2035 ended at 6.6943%, after finishing at 6.6777% on Wednesday. Bond yields move in the opposite […]
India’s longer-dated bonds ended higher on Wednesday on continued strong demand from long-term investors, while the benchmark 10-year bond gave up gains and was ultimately little changed ahead of the auction later in the week.The benchmark bond yield of 6.48% for 2035 ended at 6.6777%, after closing at 6.6812% on Tuesday. Yields on bonds with […]
Indian government bonds continued their winning streak and ended the day higher on Tuesday as stronger-than-expected demand for government bond sales lifted sentiment, while favorable US government bond yields and excess liquidity conditions added to the positive backdrop.The 6.48% bond yield for 2035 ended at 6.66% after closing Monday at 6.6642%. Rates have fallen by […]
Indian government bonds continued their winning streak and ended the day higher on Tuesday as stronger-than-expected demand for government bond sales lifted sentiment, while favorable US government bond yields and excess liquidity conditions added to the positive backdrop.The 6.48% bond yield for 2035 ended at 6.66% after closing Monday at 6.6642%. Rates have fallen by […]
The Indian rupee ended little changed on Tuesday as periodic interventions by the Reserve Bank of India slowed the currency’s rate towards the psychologically important level of 91 per dollar.Tepid global risk sentiment and steady demand for hedging from importers have kept the currency lower even after it recovered from near record lows around 92 […]
New regulatory steps by the Reserve Bank of India will change the way banks sell financial products, finance acquisitions and lend to market intermediaries. In an interview with ET Now, Dinesh Kumar Khara, former chairman of SBI, shared his views on the implications.Misselling standards indicate stricter scrutiny Khara said concerns about misselling have been growing […]
Indian government bonds rose on Monday, following a rise in US government bonds and comfortable domestic liquidity, although lingering supply concerns limited the advance. The benchmark yield on 6.48% bonds for 2035 stood at 6.6642%, up from 6.6799% on Friday. Yields on longer-term securities fell the most, with the 15-year yield at 7.068%, down about […]
Mumbai: The Reserve Bank of India (RBI) on Friday said banks should provide acquisition financing only in cases where the acquiring company already has control of the target and is seeking financing to increase its stake and cross material thresholds from 26% to 90%.The regulator said banks may refinance a target company’s existing debt where […]
