RBI Bond: The Reserve Bank of India’s pledge to buy as much as 1 trillion rupees ($13.4 billion) of bonds this quarter has sent a wave of relief through the sovereign debt market. However, some say the move may be insufficient in the face of the nation’s near-record borrowing plan.
Global Economic
Global Economic – The global economy is the worldwide system of trade, production, and finance that connects countries. It involves the exchange of goods, services, and money across borders, driven by businesses, governments, and consumers. This system shapes jobs, wealth, and growth everywhere.
RBI, Sebi seek time to file response in Yes Bank AT1 bondholder case
The Bombay high court has granted time to the Reserve Bank of India (RBI) and market regulator Securities and Exchange Board of India (Sebi) to file responses in a petition filed by individual holders of Yes Bank AT1 bonds.
Fed Meeting Begins, Dow Jones Falls at The Open
Fed Meeting Begins : The Dow fell at the open on Tuesday as investors remained on the sidelines ahead of the Federal Reserve’s two-day policy meeting against the backdrop of rising borrowing costs.
Nokia Cuts Up to 10,000 Jobs as Race to Dominate 5G Heats Up
Nokia Oyj will cut as many as 10,000 jobs in the coming years so it can invest more in the race to win orders for 5G networks.
Powell set to rock the dollar, Gold and Stocks – Gold Silver Reports
Powell set to rock the dollar,Gold and Stocks. Calm before the storms – markets found some solace, but it hinges on new soothing words from Federal Reserve Chair Jerome Hayden “Jay” Powell (born February 4, 1953) is the 16th chair of the Federal Reserve, serving in that office since February 2018.While the world’s most powerful was testifying before Congress, stocks held up.