The share of time period deposits (TDs) providing 7 per cent and above rate of interest has jumped to 64.4 per cent of banks’ complete TDs as at March-end 2024, in opposition to 33.7 per cent as at March-end 2023. Additionally learn: Repo fee: Any hasty motion will trigger extra hurt than good, says RBI … Read more
Japan’s yen hit a three-decade low on Monday earlier than rebounding in a transfer forex merchants suspected was official intervention. Assist for the forex follows a years-long slide that even Japan’s first rate of interest hike since 2007 and broad optimism concerning the economic system has did not arrest. In actual phrases, the yen has … Read more
The previous yr noticed the inventory markets take a elementary actuality test, after the liquidity and sentiment-fuelled increase of 2020 and 2021. A number of the finest performing shares and sectors of 2021 turned out to be the worst performers of 2022. This contains data expertise corporations, new-age tech corporations and low high quality mid/small-cap … Read more
On this episode of the State of the Financial system podcast, G Hari Babu, President, of the Nationwide Actual Property Growth Council (Naredco), speaks to businessline’s Abhishek Regulation, the place he shares priceless insights on the actual property market, specializing in the constructive outlook for 2024. He highlights the components contributing to this optimistic outlook, … Read more
A stellar rally in 2021, adopted by the Russia-Ukraine struggle, noticed steel costs peaking within the first quarter of 2022. Nonetheless, costs tumbled thereafter. Aggressive charge hikes from the US Federal Reserve, robust greenback and weak demand dragged the costs decrease. However issues began to show round within the final quarter of the calendar yr … Read more
World energy shifts, with India being an undisputed beneficiary of the altering energy dynamics, is predicted to be one among the many 5 main funding themes which might be anticipated to play out in 2024, in accordance with researchers at MSCI. Macroeconomics with rates of interest because the overriding component will clearly dominate short-term … Read more
The central authorities has raised the curiosity on two small financial savings scheme for January-March 2024 by 10-20 foundation factors. Whereas the rate of interest on three-year time deposit has been elevated by 10 foundation factors to 7.1 per cent from 7.0 per cent, the curiosity on the Sukanya Samriddhi Account Scheme has been hiked … Read more
On this State of The Economic system podcast, Nabodita Ganguly talks to Anurag Mittal,Anurag Mittal, Head – Fastened Revenue, UTI AMC, protecting numerous elements of the present international financial panorama, with a selected concentrate on rates of interest, the US greenback, and Indian bond yields. Anurag Mittal begins by addressing the anticipation of rate of … Read more
“Not solely does God undoubtedly play cube, however he generally confuses us by throwing them the place they’ll’t be seen’ That was legendary physicist, the late Stephen Hawking, on why predicting the longer term is not possible. Sure, there might be exceptions to this rule like ‘Paul the Octopus’, however repeatedly it has been confirmed … Read more
The rise within the US Treasury yields over the past three months has occupied centre stage within the world monetary markets, influencing actions in different asset lessons as nicely. The US 10Yr Treasury yield was broadly range-bound between 3.25 and 4.1 per cent from January to April this yr. Thereafter it began transferring up steadily. … Read more