💵 Money Market 💵
Money market basically refers to a section of the financial Market where financial instruments with high liquidity and short-term Maturities are traded. Money market has become a component of the financial market for buying and selling of securities of short-term maturities, of one year.
RBI Bond: The Reserve Bank of India’s pledge to buy as much as 1 trillion rupees ($13.4 billion) of bonds this quarter has sent a wave of relief through the sovereign debt market. However, some say the move may be insufficient in the face of the nation’s near-record borrowing plan.
Read moreRBI Bond Buying Pledge Seen Only Giving Short-Term Market Relief
Indian firms that lend against gold are cutting tenors and seeking more collateral to protect against the plunge in prices of the precious metal.
Read moreIndia Gold Lenders Cut Tenor, Watch Collateral on Price Fall
How To Buy gold biscuits in India? People own physical gold in the form of jewellery, gold biscuits, coins, and even bars. Nowadays, in addition to purchasing gold from your neighbourhood jeweller.
Read moreHow To Buy Gold Biscuits in India?
The Bombay high court has granted time to the Reserve Bank of India (RBI) and market regulator Securities and Exchange Board of India (Sebi) to file responses in a petition filed by individual holders of Yes Bank AT1 bonds.
Read moreRBI, Sebi seek time to file response in Yes Bank AT1 bondholder case
Fed Signals Zero Rates Through 2023: Federal Reserve Chair Jerome Powell and his colleagues continued to project near-zero interest rates at least through 2023 despite upgrading their U.S. economic forecast and the mounting inflation worries in financial markets.
Read morePowell Holds Dovish Line as Fed Signals Zero Rates Through 2023
Nokia Oyj will cut as many as 10,000 jobs in the coming years so it can invest more in the race to win orders for 5G networks.
Read moreNokia Cuts Up to 10,000 Jobs as Race to Dominate 5G Heats Up