India 10-year bond yield at over 2-month high as US peers surge
Mint Mumbai|April 09, 2024
Indian bond yields rose on Monday, with the 10-year benchmark yield hitting a more than two-month high, tracking rise in US peers as strong economic data further pushed back expectations around the timing of the first rate cut by the Federal Reserve.
India 10-year bond yield at over 2-month high as US peers surge

The benchmark 10-year yield ended at 7.1501%, the highest level since 31 January, following Friday's close of 7.1232%.

Investors now await domestic and US March inflation data, due later this week for further cues.

هذه القصة مأخوذة من طبعة April 09, 2024 من Mint Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة April 09, 2024 من Mint Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من MINT MUMBAI مشاهدة الكل
Mint Mumbai

Air fares in Sep quarter rise, Q3 may be worse

Multiple public holidays have sparked demand for short trips to domestic destinations, said Indiver Rastogi, president & group head of global business travel at Thomas Cook (India) and SOTC Travel. This year, Independence Day, Janmashtami, Onam, Eid and Ganesh Chat-

time-read
1 min  |
July 16, 2024
Yes, the world is hotter than it has been in 2,000 years or so
Mint Mumbai

Yes, the world is hotter than it has been in 2,000 years or so

A scientific study of tree rings confirms global warming is for real

time-read
3 mins  |
May 20, 2024
As a non-resident, is there a tax liability on exiting Indian MFs?
Mint Mumbai

As a non-resident, is there a tax liability on exiting Indian MFs?

I have been investing in mutual funds for the past four years. Last year, I moved to Dubai and am currently a non-resident Indian NRD). Say, if] exit all my mutual fund investments now, would I have zero tax liability? —Name withheld on request.

time-read
1 min  |
May 20, 2024
Mergers off but PSB privatization still on
Mint Mumbai

Mergers off but PSB privatization still on

T 'he Centre doesn't have any plan to merge public sector banks (PSBS) in FY25, though it will not ditch plans to privatize PSBs during the fiscal, two people aware of the matter said.

time-read
2 mins  |
May 20, 2024
Think Tesla Is In Trouble? Pity Even More Its Wannabe EV Rivals
Mint Mumbai

Think Tesla Is In Trouble? Pity Even More Its Wannabe EV Rivals

The combined market value of six prominent wannabes hit 400bn in 2021, but today they are worth 65bn

time-read
7 mins  |
April 09, 2024
Has The Growth Of Our Economy Translated Into Domestic Jobs?
Mint Mumbai

Has The Growth Of Our Economy Translated Into Domestic Jobs?

While the covid shock and other setbacks got in the way, data indicates that employment in India is on a firm recovery path

time-read
4 mins  |
April 09, 2024
Financial Sector Reforms Plan To Be Unveiled Post Elections
Mint Mumbai

Financial Sector Reforms Plan To Be Unveiled Post Elections

The govt will cut its stake in five PSBs this fiscal to comply with Sebi’s listing guidelines

time-read
2 mins  |
April 09, 2024
Generative AI Is Not Ubiquitous In The Business World-Not Yet
Mint Mumbai

Generative AI Is Not Ubiquitous In The Business World-Not Yet

While some AI tools racked up users, some firms are proceeding with caution, or not at all

time-read
4 mins  |
April 09, 2024
Wipro’s CEO switch was not about its share price
Mint Mumbai

Wipro’s CEO switch was not about its share price

Shareholder value data does not explain the firm's change on top. In a flux-filled field like infotech, business performance counts for more and Wipro's challenge still seems quite steep

time-read
2 mins  |
April 09, 2024
Mint Mumbai

How not to blow a major chunk of your travel budget on visas

Rejection of visas can impact your travel costs, especially when you have to cancel flight and hotel bookings

time-read
5 mins  |
April 09, 2024