Business News

Bond yields surge after RBI announces early dollar deposit window closure

FinSiddhi

The move, announced late Friday, surprised traders after Reserve Bank of India Governor Sanjay Malhotra had ruled out an early closure as recently as the Aug. 5 policy meeting
Read more at the source

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.

Related Posts

Radico Khaitan Q1 Results: Profit jumps 76% to Rs 229 crore, revenue up at Rs 5,867 crore

Radico Khaitan recorded an impressive seventy-six percent uptick in net profit, reaching Rs 229.60 crore for the June quarter. The company’s operational revenue rose by thirteen point two two percent, totaling Rs 5,867.69 crore. This quarter marks a record for the company’s volume, top-line revenue, and profitability, significantly driven by a thirty-five point eight percent…

Prime Minister flags Parliament disruptions with new NDA entrants

Prime Minister Modi highlighted the unwavering stability of his administration since 2014, remarking on the contrasting volatility of leadership in Britain. He embraced new members into the NDA coalition, asserting that their partnership is attuned to regional interests and developmental needs. Additionally, Modi underscored the critical necessity for growth in eastern India, showcasing a dedication…