Economic growth may become a casualty of the tug-of-war between India’s government and its central bank.
Money Market
At Gold Silver Reports, we cover the latest money market news and analysis, including interest rates, financial updates, investment trends, and economic insights. Stay updated with expert coverage to make smarter financial and trading decisions.
SBI Multi-Option Fixed Deposit Scheme – GSR
Among fixed deposits, customers can invest in the SBI Multi Option Fixed Deposit Scheme (MODS), Reinvestment Plan or SBI Tax Savings Scheme, 2006. SBI Multi Option Fixed Deposit Scheme (MODS) involves term or fixed deposits linked to the savings or current account of an individual.
As Oil Plunges, the Real OPEC Meeting Will Be at Next Week’s G20 – Money Market Guru
For the oil market, it looks like the real OPEC meeting will come a week ahead of schedule.
The cartel is set to meet on Dec. 6 in Vienna, but days earlier the key decision makers are set to gather on the sidelines of the G20 summit in Buenos Aires in a meeting that may well decide the direction of oil prices in 2019.
Bonds Face Barrier in India as Banks Sell Into Every Rally
Public-sector banks have cut holdings by a net 290 billion rupees ($4 billion) this quarter, even as sovereign bonds are poised for their first quarterly advance in more than a year.
Foreign Investors Buy DHFL, Indiabulls Housing Finance Shares After Rout
FPI holding in Dewan Housing rose to 19.43 percent from 18.2 percent three months earlier, according to its exchange filing. Their stake in Indiabulls Housing Finance increased to 55.52 percent during the period from 54.34 percent.
Crude Oil Marketers Gains As Crude Resumes Decline
The stocks were the best performers on the Nifty 50 Index.
Shares of the Crude oil marketing companies rose in today’s trade after the crude oil resumed declines after a one-day rally.
The Brent crude oil slip 0.86 percent to trade at 69.52 a barrel.
Rupee, Bonds Gain as Crude Oil Prices Ease
Gold Silver Reports (GSR)— This prompted FIIs to buy nearly $1.26 billion in domestic debt over the last nine trading sessions (between 24 October and 5 November). So far this year, FIIs have offloaded $7.76 billion in domestic bonds.