Longer-dated U.S. Treasury yields declined on Friday after recent economic data. Markets largely priced out a Federal Reserve rate hike for this month. Import prices increased unexpectedly, while consumer and producer prices showed moderation. Geopolitical worries and hawkish Fed comments added to market uncertainty. Bond yields moved lower, suggesting a flight to safety amid rising oil prices.
PLI 2.0 for mobiles set to reward scale, exports; Dixon a key beneficiary: Motilal Oswal
The government’s new mobile phone manufacturing incentive scheme is set to favour companies with scale, export capabilities and strong domestic supply chains. Motilal Oswal said