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India’s investment in US treasury securities touched $169.9 billion in May, from $156.5 billion in March, according to the latest data released by the US treasury department. Most of the investments are by the RBI from its forex reserves.
Bitcoin rises 6.6% to $61,074Bitcoin is up 120.2% from the year’s low of $27,734 on January 4
from Stocks-Markets-Economic Times https://ift.tt/3vx9Rl0
… Read MoreFrom crypto art to trading cards, investment manias aboundEven as millions were laid off in the pandemic, many people’s bank accounts flourished, flush from relief checks and government cash infusions into the economy.
from Stocks-Markets-Economic Times https://ift.tt/3liAkxN
… Read MoreMasters of equities universe are unfazed by spike in bond yieldsThe pause in the bond market selloff in the middle of the week last week showed how quickly stocks and growth sectors can come rushing back.
from Stocks-Markets-Economic Times https://ift.tt/2PWghcR
… Read MoreMFs buy into metals & power on commodity rise, dividend yieldsThey bought shares of metal companies, which are expected to benefit from the upcycle in global commodities. Besides, the focus on dividend aspect of such companies provides stability to fund houses’ portfolio when rally in t… Read MoreBank lending 50% higher in October-FebruaryBank credit increased by 6.58 per cent to Rs 107.04 lakh crore and deposits rose by 11.75 per cent to Rs 147.81 lakh crore in the previous fortnight ended February 12, 2021.
from Stocks-Markets-Economic Times https://ift.tt/… Read More
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