More pain looms for Asia’s worst-performing bonds
Indian bonds, the worst performer among Asian peers, may have further to fall.
Benchmark yield hits 12-week high on S&P's downgrade warning
Benchmark bond yield gained five basis points to close at 6.76 per cent on Wedne...
Gold rate today: Bullion gains as Fed keeps rates unchanged
In the US, gold prices on Thursday hovered near a one-week high.
Investec Securities downgrades Hero MotoCorp to hold, lowers target price to Rs 2,400
Hero’s franchise is likely to face challenges from Bajaj’s migration to BS-VI, said Investec.
PC Jeweller hits fresh all-time low after Crisil downgrades rating to default category
Liquidity profile of PCJ has deteriorated in the past few months on account of cash flow mismatches.
Pharma companies seek hike in drug rates under price control
Chinese API imports turn 200% costlier, making production costlier in India. Over 70% of the country’s total bulk drug requirement comes from China. These bulk drugs or active pharmaceutical ingredients (API) are used in producing medicines, including essential items like antibiotics, vitamins and folic acid.
US Federal Reserve keeps rates steady, signals no change in 2020
The Fed said it will continue to monitor the implications of data for the economic outlook.
Fed next move only in 2021! Key takeaways from Dec rate setting
As many as 13 officials expected status quo next year, while four saw a hike.
Dollar edges lower after Fed holds rates steady
The dollar index, which measures the greenback against six other major currencies, was 0.2% lower at 97.218.
FOMC outcome: US Federal Reserve leaves rates unchanged, hints at no cuts in 2020
The Federal Reserve left interest rates unchanged and signaled it would keep them on hold through 2020 amid a solid economy, sticking to the...
S&P to cut India's sovereign rating if economic slump persists
The agency, however, has maintained a BBB- rating for India, which is its lowest investment grade rating. Anything below this grade would adversely impact India’s benchmark 10-year bond yields, which are already on a performance slump. Economic affairs secretary had on Dec 3 tweeted that S&P has reaffirmed sovereign rating at BBB- with stable outlook.
Rising GST rates will aggravate economy further: Arvind Subramanian, former CEA
The former CEA Arvind Subramanian feels that individual income-tax cut is not going to boost demand. He has been reacting to news reports th...
Not worried over slow rate of GDP growth: Pranab Mukherjee
Mukherjee, who also served as the finance minister in the UPA government, further said there is nothing wrong in public sector banks needing capital infusion. "I am not worried over the slow rate of GDP growth in the country. Certain things happening will have its impact," he said while addressing an event at the Indian Statistical Institute (ISI).
Economic slowdown: Not worried over slow rate of GDP growth, says Ex-President Mukherjee
While addressing at the Indian Statistical Institute (IIS) in Kolkata on December 11, the former president of India Pranab Mukherjee said, "...
S&P may slash India rating on growth concerns: Reports
India's bond yields spiked after S&P flagged risk to sovereign rating.
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