Treasury Secretary Janet Yellen said President Joe Biden should push forward with his $4 trillion spending plans even if they trigger inflation that persists into next year and higher interest rates.
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India Boosting Vaccination to Prevent Another Wave of Infections
India has scaled up vaccination for its 1.3 billion population, apart from boosting heath care infrastructure as it prepares for a third wave of coronavirus infections, Baijayant Panda, vice president of the ruling Bharatiya Janata Party, said.
PMC Bank: Eighteen Months Later, RBI Works On Lone Option For Resolution
PMC Bank: Eighteen months after the Reserve Bank of India placed Punjab And Maharashtra Cooperative Bank Ltd (PMC Bank). under restrictions, the regulator’s options to resolve the insolvent lender have dwindled.
Akshaya Tritiya May 2021: सोना खरीदना मानते हैं शुभ, सुख-समृद्धि में होगी बढ़ोतरी
Akshaya Tritiya May 2021: Akshaya Tritiya is considered to be a highly auspicious Hindu festival. It is also known as Akha Teej. It is believed that the day brings good luck and success. Akshaya Tritiya falls during Shukla Paksha Tritiya in the month of Vaishakha, according to the Hindu Panchang.
How Much Gold you can hold under Income Tax Rules
Gold possession is one of the most revered investments in India. However, having gold beyond a certain limit can be problematic, if you don’t have its invoice.
Gold Price Analysis: Gold Refreshes Weekly high above $1,780 on Biden’s ‘Joint Congress’ speech
Gold Price Analysis: Gold inches closer to the $1,800 threshold, refreshing weekly top to $1,788.31 by the press time of early Thursday. In doing so, the yellow metal takes the bids for the second consecutive day on the weaker US dollar. Recently propelling the commodity prices are the comments from US President Joe Biden.
Fed upgrades its outlook but tapering and liftoff are not in the radar 🛑
The Fed acknowledged that economic conditions have improved but the recovery remains uneven and incomplete. As we expected, the Fed left interest rates unchanged, maintained the monthly pace of asset purchases and kept its forward guidance unaltered.
How Qatar Airways, with its covid-19 playbook, Biggest Long-Haul Airline
Qatar Airways Ltd. spent years in the shadow of Emirates Airline. An aggressive run at its rival during the pandemic has helped it eclipse Emirates as the world’s biggest long-haul carrier—for now.
RBI Bond Buying Pledge Seen Only Giving Short-Term Market Relief
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.
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.