Sovereign green bonds now eligible under FAR
This inclusion of green bonds in the FAR category is expected to increase investor appetite for the paper, experts said. The RBI has issued a total of ₹36,000 crore in green bonds since 2022-23.
China attractive, but investors be aware: Experts
Of the four available funds that give exposure to China, a couple are exchange traded funds (ETFs) that trade at a premium of 8-16% of their net asset value (NAV). Buying mutual fund units at a premium will eat into their returns when the excitement in Chinese equities dries down and the exchange price and […]
RBI can handle forex swings well: Deputy Guv Rabi Sankar
RBI Deputy Governor Rabi Sankar expressed confidence in India’s ability to navigate potential market volatility stemming from the Trump presidency. Sankar highlighted India’s robust reserves and sound banking system as key strengths. Additionally, he firmly rejected the European Securities and Markets Authority’s demand for oversight of India’s bond clearing platform, citing sovereignty concerns.
D-Street likely to see $2.5 billion inflows as MSCI increases India weights
In an announcement on Thursday, MSCI said it has added five stocks – BSE, Voltas, Alkem Laboratories, Kalyan Jewellers, and Oberoi Realty – to its Global Standard Index; while reducing the weights of Adani Green, RIL, ICICI Bank, Infosys, GMR Airports, and Adani Power.
Oil & gas witness highest FPI selling; healthcare, power top on buying list
Foreign investors renewed buying interest in the healthcare and power sectors, purchasing ₹2,321 crore and ₹1,168 crore in the second half of the month, after selling over ₹2,000 crore in both sectors in the first half of the month.
Fed cuts rates, notes labor market easing and solid economic growth
The Federal Reserve has reduced interest rates by a quarter percentage point, citing a cooling job market and progress in controlling inflation. Despite the positive economic indicators, the central bank acknowledges potential uncertainties tied to the recent presidential election.