In the week ended June 16, bank borrowings were at Rs 5.05 lakh crore, the highest sum since the fortnight ended October 21, Reserve Bank of India data showed. The figures for the week ended June 16 marked the first time since early April that bank borrowings topped the Rs 5 lakh crore mark.
Nasdaq rises 1%, Dow, S&P close higher as weak jobs data tempers rate hike bets
U.S. stocks finished higher following a weaker-than-expected jobs report which eased rate hike expectations. Nonfarm payrolls rose by only 29,000, significantly below economists’ forecasts of