This is the second time the conglomerate had to call-off a fundraising due to governance related developments
The indictment came shortly after units of clean-energy arm Adani Green Energy Ltd sold a 20-year green bond in the US investment-grade market
There is growing evidence of liquidity tightening in the US, Wood said, which raises a near-term risk to equities
Markets have fully priced in a rate cut of at least 25 bps at the Fed's policy decision due on Sept. 18, with expectations for a 50 bps remaining around 30%
US Treasury yields nosedived on Friday after data showed the world's largest economy created fewer jobs than expected in July and the unemployment rate rose, boosting bets of aggressive rate cuts
Category has lower share than before among rated instruments
Focus has shifted to US bond yields and oil prices, with the market digesting Prime Minister Narendra Modi's smaller victory margin for a third term.
New Delhi will raise Rs 29,000 crore ($3.48 billion) through the sale of bonds later in the day and the auction includes a new five-year paper worth Rs 12,000 crore
The latest halt in the global risk rally has come on the back of data pointing to lingering inflationary pressures across major economies
The Aussie dollar was down 0.47% at $0.6618, even after Australian consumer price inflation unexpectedly rose to a five-month high in April
The benchmark 10-year yield is likely to move in the 7.09-7.14% range, following its previous close of 7.1067%
For Mike Johnson it was effectively a Day 1 priority. It's well past time, the newly elected House speaker said in October, to establish a bipartisan commission to tackle the federal government's growing USD 34.6 trillion in debt. "The consequences if we don't act now are unbearable, he said, echoing warnings from his predecessor and other House Republicans. More than six months later, the proposal appears all but dead, extinguished by vocal opposition from both the right and the left. The collapse underscores an unyielding dynamic in Washington, with lawmakers in both parties loath to consider the unpopular tradeoffs that would be necessary to stem the nation's swelling tide of red ink particularly in an election year. Facing the reality that any fiscal commission would almost certainly suggest that Americans pay more or get less from their government, lawmakers have time and again done what they do so well: punt the problem to the next Congress. And they seem poised to do so ..
While liquidity tightness was not acute in April and overnight rates had not hit the MSF ceiling, the RBI probably anticipated election-related constraints on govt spending could tighten liquidity
All you need to know before Sensex, Nifty opens for trade on Monday, May 06: Gift Nifty hints at gap-up open; FM dismisses buzz of changes in capital gains tax and Q4 results.
The yield spread narrowed to -0.61 per cent on Monday, a stark contrast to 0.99 per cent a year ago and the 20-year average spread of 2 per cent
Foreign investors adopted a cautious approach offloading Indian equities worth close to Rs 3,776 crore so far this month owing to a spike in the US bond yields and uncertainty over the interest rate environment in the domestic as well as the global front. In contrast, they are bullish on the debt market and injected Rs 16,560 crore in during the period under review, data with the depositories showed. ' According to the data, Foreign Portfolio Investors (FPIs) pulled out a net sum of Rs 3,776 crore from the Indian equities this month (till February 16). This came following a net withdrawal of Rs 25,743 crore in January. With this, the total outflow for this year has reached Rs 29,519 crore. "The spike in US bond yields triggered by the higher-than-expected consumer price inflation led to sustained selling by FPIs," V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said. Also, the latest selling could be attributed to the uncertainty surrounding the interest r
Adani Green Energy recently completed the funding to redeem its $750 million bonds due in September, eight months before they mature
Highest in 12 months; Most among EM peers; Rising bond yields trigger risk off bets
Foreign investors have adopted a cautious approach this month, offloading domestic equities worth Rs 13,000 crore in the first three weeks owing to high valuations of Indian stocks and surging US bond yields. In contrast, foreign investors are bullish on the debt market and injected Rs 15,647 crore in the debt market during the period under review, data with the depositories showed. According to the data, foreign portfolio investors (FPIs) made a net investment of Rs 13,047 crore in Indian equities this month (till January 19). They pulled out over Rs 24,000 crore from equities during January 17-19. Before this, FPIs made a net investment of Rs 66,134 crore in December and Rs 9,000 crore in November. "There are two main reasons why FPIs turned sellers. One, the US bond yield started rising with the 10-year yield rising from the recent level of 3.9 per cent to 4.15 per cent triggering capital outflows from emerging markets," V K Vijayakumar, Chief Investment Strategist at Geojit ...
The dollar gained as investors took profits on bets it would weaken further and shrugged off economic data suggesting the Fed could be done hiking rates