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The dollar fetched 105.77 yen in early trade, against 105.86 yen in New York.
Shadow banks are riding out the crisis while virus ravages IndiaThe central bank is propping up the industry, announcing some 100 billion rupees ($1.36 billion) of special liquidity last month to organizations that fund mortgage lenders and housing finance companies, and permitting banks … Read MoreDue diligence of LVB to end in 4 weeks: Clix’s Bhasin"Getting the paper work done, meeting people, sharing information and the general due diligence has been a challenge due to the pandemic so its taken us time. But the bank has worked well with us and a bulk of the hard work h… Read MoreRBI to give staff option to join pension scheme“This will be the last such option given to eligible serving/retired employee/ family members of deceased employees to switch over from CPF scheme to pension scheme and no further option will be given in future,” RBI said in … Read MoreSpike in consumer prices could mean no more rate cuts this fiscalEconomists believe that the monetary policy committee (MPC) of the Reserve Bank of India (RBI) may not be able to do much on rates this year even as the central bank faces a challenging task to ensure government bond yields d… Read MoreAsian stocks cheer upbeat data but temper appetite ahead of Fed"The risk is if we see no new developments since his Jackson Hole shoutout, this could have near-term pressure on yields ticking up, gold and precious metals complex lower, dollar higher and general risk-off in U.S. equities,… Read More
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