S&P raises India's sovereign rating to BBB from BBB-, the first upgrade since 2007, citing fiscal discipline and infrastructure push, triggering a G-sec rally
Following RBI's guidance and a CRR cut, dealers expect government bond yields to settle into a range between 6.12 and 6.28 per cent over the next few months
Sitharaman lauded the RBI's resilience and leadership among its central bank counterparts, emphasizing its crucial role in maintaining financial stability
The borrowing cost for states continues to remain elevated, sniffing at the 7.9-per cent mark for the fourth consecutive week despite the average cut-off slipping marginally by 2 bps to 7.86 per cent
A rise in commodity prices has fanned inflation risks, pushing bond yields higher. That apart, the US launched airstrikes in Syria on Thursday, which further dented global mood
The economy and the affairs between RBI and govt were tumultuous in the four years to 2020. Business Standard takes a look at MPC's performance and its consonance with major macroeconomic indicators
The "risk-free" yield on 10-yr g-sec is a threshold for investors. If its softens, investors get into riskier assets like equities. If it hardens, they settle for attractive risk-free rate on offer