[ad_1] MUMBAI, March 27 (Reuters) – Indian government bond prices extended their upward trend on Thursday, with the benchmark bond yields hovering near a 38-month low, amid heightened expectations of an aggressive policy easing by the domestic central bank in fiscal 2026. Market participants are awaiting the government’s borrowing plan for the next six months…
[ad_1] In December, the MPC opted to play safe. It maintained a status quo on rates (by a 4:2 majority) and stance on the grounds that the beast of inflation, though slain, had not been destroyed, and growth, though slowing, remains resilient. Two months later, the MPC, with a new governor at the helm, seems…
[ad_1] The backdrop of the monetary policy committee (MPC) meeting later this week is a complex one. Growth momentum has slowed in 2024-25. Headline retail inflation is still high despite softening from the recent peak. The government maintained strong fiscal discipline, despite offering tax concessions towards boosting private consumption, reflecting a decelerating expenditure budget. Importantly,…
[ad_1] Now that the budget for 2025-26 is done, if not entirely dusted, all eyes turn to Mint Street for the three-day meeting of the Reserve Bank of India (RBI) Monetary Policy Committee (MPC). It will be the rate-setting panel’s first under the chairmanship of RBI Governor Sanjay Malhotra. It comes amid speculation that the…
[ad_1] The chickens are coming home to roost. That might seem an inappropriate statement to make in the context of a central bank. But it may uncannily be true of the Reserve Bank of India (RBI) today. Why? Because the liquidity tightness of the past few weeks that it is currently trying to address is…
[ad_1] Technical posture for gold remains bullish – analyst India slashes import tax on gold, silver Focus on US PCE data on Friday July 23 – Gold prices edged up on Tuesday and were set to break a four-day losing streak, as investors awaited U.S. economic data due later this week for more clarity on…
[ad_1] US Market News: Tuesday’s record-breaking closing high for the Dow Jones Industrial Average and Wall Street stocks came from data supporting the belief that the US Federal Reserve is about to embark on its easing cycle, which will control inflation and prevent a recession, as per Reuters news report. In addition, the gold prices…
