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Bond funds slide (AI image) The RBI’s latest policy decision to keep the repo rate unchanged has delivered an unpleasant surprise to the bond market. Traders and investors were positioned for an easing signal, but the central bank chose to stay put. Government bond yields shot up after the RBI decision was announced, with the…
MUMBAI: The RBI is expected to keep interest rates unchanged after the conclusion of the Monetary Policy Committee (MPC) meeting on Feb 6, with economists flagging a pause amid rising inflation, slowing growth, and impending data revisions.“We expect the RBI to pause in the upcoming 6th Feb meeting, maintaining the repo rate at 5.25%,” said…
File photo-Fed Chair Powell The US Federal Reserve on Wednesday left interest rates unchanged, holding its benchmark lending rate at 3.5% to 3.75%.The decision was not unanimous. Governors Christopher Waller and Stephen Miran dissented, favouring a quarter-point rate cut. The decision comes after the central bank cut rates at three consecutive meetings late last year….
US President Donald Trump met Venezuelan opposition leader María Corina Machado at the White House on Thursday, a meeting confirmed by White House press secretary Karoline Leavitt amid continued uncertainty over Washington’s stance on Venezuela’s political future.“I know the President was looking forward to this meeting, and he was expecting it to be a good…
NEW DELHI: The Bangladesh Cricket Board (BCB) on Tuesday “reaffirmed its position” to not travel to India for the upcoming T20 World Cup 2026 during a meeting with the International Cricket Council (ICC). A video conference between the Bangladesh Cricket Board (BCB) and the International Cricket Council (ICC) was held this afternoon, the BCB said…
The GBS for Indian Railways might remain broadly unchanged in the upcoming union budget 2026-27, as the current funds are sufficient for the infrastructure upgrade. The GBS or the gross budgetary support for FY26 stands at Rs 2.52 lakh crore, with an additional Rs 10,000 crore permitted for spending through Extra Budgetary Resources (EBR), including…
EPS subscribers hoping for a higher minimum and maximum pension are unlikely to see any change soon, with the Labour Ministry confirming that the fund is running an actuarial deficit. The disclosure, made in the Lok Sabha on Monday, indicates that the Employees’ Pension Scheme (EPS-95) is not generating enough returns to meet current payouts.Minister…
NEW DELHI: State-owned oil marketing companies on Monday reduced the price of commercial LPG cylinders by Rs 10 per unit, offering relief to the hospitality sector.However, airlines are set to face renewed cost pressure as Aviation Turbine Fuel (ATF) prices were hiked for the third month in a row.With the latest revision, the price of…
Pat Cummins during a practice session. (Getty Images) Australia have resisted the temptation to rush back their two premier fast bowlers, Pat Cummins and Josh Hazlewood, naming an unchanged 14-man squad for the second Ashes Test beginning Thursday at the Gabba. The decision means Cummins’ anticipated return will be delayed by another two weeks, while…
Oil marketing companies on Wednesday revised the prices of commercial LPG cylinders, increasing the cost of a 19 kg cylinder by Rs 15.50. In Delhi, the new retail price for a 19 kg commercial LPG cylinder will be Rs 1,595.50. The prices of 14.2 kg domestic LPG cylinders remain unchanged, as reported by ANI. The…
