The Reserve Bank of India injected Rs 50,000 crore into the banking system via an open market operation to manage liquidity ahead of tax payments. This move supported India’s benchmark 10-year bond yield, which remained flat. The RBI has infused a total of Rs 3.50 lakh crore through OMOs this calendar year.Read More
After a strong rally this year, U.S. consumer staples stocks are falling out of favor, with investors starting to question the high valuation as earnings prospects dim, analysts said.Read More
The surge in energy prices triggered by the conflict in the Middle East has significantly strengthened the dollar, paradoxically undermining US President Donald Trump’s economic objectives.Read More
India is set to shelve the bids it received for a majority stake in its state-owned IDBI Bank , as the amounts were below the minimum price sought, Bloomberg News reported on Friday, citing people with knowledge of the matter.Read More
World markets, rocked by a Middle East war that could trigger another inflationary shock, are looking back at the play book from Russia’s invasion of Ukraine in 2022 for clues on what’s next.Read More
Adobe’s battered shares fell another 6% on Friday as news that the Photoshop maker’s long-time CEO will step down cast fresh doubts over its strategy to battle mounting AI competition.Read More
Radhakishan Damani sold 16 lakh shares worth ₹52 crore in Tata Motors Passenger Vehicles through a block deal with Derive Trading and Resorts Private Limited. The sale comes as the stock has plunged over 50% in a year amid weak earnings and a cyber incident impact.Read More
The US Federal Reserve’s preferred inflation gauge came in slightly lower than expected in January, registering 2.8 percent growth over a year ago, according to data released Friday ahead of a key central bank rate-setting meeting next week.Read More
Wall Street’s main stock indexes opened mixed on Friday, after sharp losses in the previous session, while investors assessed a set of economic data releases to gauge the interest rate outlook as the Middle East conflict widens.Read More
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