Seoul, July 13 (IANS) Seoul shares plunged 9 per cent on Monday as investors dumped technology stocks for profit-taking amid renewed tensions in the Middle East. The Korean won fell against the US dollar.The benchmark Korea Composite Stock Price Index (KOSPI) fell 669.01 points, or 8.95 percent, to close at 6,806.93 after falling as low as 6,783.43, reports Yonhap news agency.Trade volume was moderate at 469.86 million shares worth 39.8 trillion won (US$26.5 billion), with decliners far outnumbe…
Latest Government Bonds News & Updates
New Delhi, June 6 (IANS) The latest measures by the government and the Reserve Bank of India (RBI) to boost rupee and foreign capital could improve the balance of payments (BoP) by more than $30 billion in the short run, by both narrowing the current account deficit (CAD) and raising capital inflows, according to HSBC.Ahead of the June policy meeting, markets were focused on two fronts: rupee support measures and the policy rate decision. “We think the RBI took a split approach, going ‘all i…
New Delhi, April 6 (IANS) India’s economic growth is expected to remain resilient in the face of rising global uncertainties, with GDP projected to expand at 6.7 per cent in FY27, a new report said on Monday.While ongoing geopolitical tensions in West Asia may create some challenges, the data compiled by CareEdge Ratings suggested that India’s macroeconomic fundamentals are strong enough to support steady growth.The analysis highlighted that the impact of the West Asia conflict on India will…
Mumbai, Dec 23 (IANS) The Reserve Bank of India (RBI) on Tuesday announced a fresh set of steps to inject a large amount of money into the banking system to ease tight liquidity conditions. Through a mix of open market operations (OMOs) and a foreign exchange swap, the central bank will add nearly Rs 3 trillion to the system over the coming weeks.As part of the plan, the RBI will buy government bonds worth Rs 2 trillion through OMOs.These purchases will be done in four equal tranches of Rs 50,00…
For Non-Resident Indians (NRIs), government bonds in India offer a safe and secure investment option. Whether you’re looking to diversify…