[ad_1] Global Pulse: The global economy is walking a tightrope in early 2025. In the U.S., the first quarter surprised markets with a mild GDP contraction of 0.3%—a rare dip driven not by weak demand, but by a surge in imports ahead of new trade tariffs. Also Read | Mid-cap, Small-cap stocks to shine amid…
[ad_1] Investors benefit both from rising gold prices as well as currency depreciation. The intent of the scheme was to wean away Indians from their seemingly insatiable appetite for physical gold. India has consistently been among the world’s top importers of gold. Recently, the average annual drain on foreign exchange due to these imports has…
[ad_1] Life Insurance Corporation of India (LIC) wants the Reserve Bank of India (RBI) to issue sovereign bonds with a 100-year tenure. The state-run insurer’s chief Siddhartha Mohanty has said that LIC is in discussions with RBI on the idea. Also Read: The case for granting autonomy to state-run listed entities. Starting with LIC For…
[ad_1] By Dharamraj Dhutia and Jaspreet Kalra MUMBAI (Reuters) – Persistent foreign portfolio outflows may keep the Indian rupee on the defensive this week with the currency taking cues from regional peers, while government bonds will react to liquidity infusions by the central bank. The rupee, rose slightly week-on-week to settle at 86.7125 against the…
[ad_1] MUMBAI, Jan 24 (Reuters) – The Reserve Bank of India (RBI) made net purchases of government bonds in the secondary market last week, marking the first such operation in over three years, data released on Friday showed. The RBI net bought bonds worth 101.75 billion rupees ($1.18 billion) in the week ending Jan. 17….
