That sent U.S. yields higher, with the benchmark 10-year Treasury yield at 4.55%, while yields on 30-year Treasuries are back above the psychological 5.0% barrier.Read More
The state-run export finance institution will issue three-year floating-rate bonds priced at 90 basis points over the Secured Overnight Financing Rate (SOFR), according to the bankers, who requested anonymity as they’re not authorised to speak to the media.Read More
Funds will be used to modernise Manufacturing Facility I, procure machinery for Manufacturing Facility II, and secure equipment for Power EPC projects.Read More
Euro zone companies expect slower growth in selling prices and wages over the next year, according to the ECB’s latest survey, signalling that inflationary pressures remain contained despite higher energy costs. The findings strengthen expectations that the central bank may keep interest rates unchanged this week.Read More
UltraTech Cement Q1 Results: UltraTech reported a 17% YoY rise in Q1FY27 consolidated net profit to Rs 2,599 crore, while revenue increased 16% to Rs 24,648 crore. EBITDA grew 12% to Rs 5,146 crore, driven by higher cement volumes, improved realisations and strong growth in ready-mix concrete and construction chemicals. Consolidated grey cement volumes rose...Read More
British government bond yields saw a slight increase on Monday. Andy Burnham is set to become the country’s seventh Prime Minister in a decade. Investors are anticipating one or two interest rate hikes by the Bank of England this year. The 10-year gilt yield rose by 3 basis points on the day. This rise was...Read More
SBI Funds Management is set to debut on the stock market on Tuesday, with an estimated 18% listing gain based on the current grey market premium. While its blockbuster subscription has raised expectations, history shows billion-dollar IPOs have delivered mixed outcomes. Winners like Eternal and ICICI Prudential AMC contrast with weak debuts by LIC, Paytm...Read More
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