Citing the sharp rise in food prices, economists at a foreign bank have forecast a steeply higher retail inflation print for July, pegging it at 6.7 per cent, up 190 basis points from the previous month. Deutsche Bank India economists led by chief economist Kaushik Das, in a report on Monday ahead of… Continue reading Rising food prices may push July inflation up by 190 bps to 6.7%: Report
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Cut-off yield on 364-day Treasury bill up 7 bps as traders resist to invest
The cut-off yield on the 364-day Treasury bill has been set 7 basis points higher than the previous week. This shift occurs as traders show reluctance towards investing in short-term papers, due to uncertainty surrounding the domestic rate trajectory. The Reserve Bank of India has fixed the cut off yield on the 91-day,… Continue reading Cut-off yield on 364-day Treasury bill up 7 bps as traders resist to invest