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SAPPING FINANCIAL CONDITIONS
SAP to cut 3,000 jobs, explore Qualtrics stake saleSAP is the latest tech company to cut jobs after companies including Alphabet's Google, Microsoft and Amazon announced thousands of layoffs...
Global recession looms amid broadest rate hikes in five decades, World Bank saysInvestors expect central banks to raise global monetary policy rates to almost 4% next year, double the average in 2021, just to keep core ...
RBI offers comfort to bond market unnerved by G-SAP withdrawalThe benchmark bonds rose as much as five basis points during Friday's trading to 6.32 percent. It closed at 6.31 per cent versus 6.27 per c...
Benchmark yield shoots up after RBI scraps liquidity injection planThe benchmark bond yield increased to 6.31 percent in the morning trade Friday from Thursday's lowest point of 6.25 percent.
RBI's latest dip in the pool of liquidity!The central bank will conduct a Rs 40,000-crore GSAP purchase on June 17. This time, one-fourth of the quantum would involve state-governme...
Money Policy: How economists decoded the vibes & intent of RBI announcementsMarkets could be slightly disappointed with the last tranche of GSAP 1.0 including SDL within the Rs400 bn limit, especially, after the ann...
RBI to ensure 'comfortable level' of liquidity in system this fiscal"The Reserve Bank will ensure that system level liquidity remains comfortable during 2021-22 in alignment with the stance of monetary polic...
G-SAP: Second tranche of bond buying worth Rs 35k cr on May 20, says RBIOn May 20, the RBI will purchase seven government securities of different maturities amounting to Rs 35,000 crore. There will be no securit...
First purchase of G-secs worth Rs 25,000 cr under G-SAP 1.0 on Apr 15: RBIAfter the MPC meeting on Wednesday, Governor Shaktikanta Das announced that the RBI will conduct open market purchase of government securit...
How RBI's policy saw rupee post its biggest fall in 20 monthsCurrency traders believe long-term VRRR may prompt the central bank to return to spot market intervention as such measures suck out liquidi...
Calling Data Warriors to solve problems of India Inc.India is facing a data tsunami as the government pushes forward with platforms such as India Stack, GST, and Aadhar on the one hand, and en...
- UP government yet to announce SAP of sugar cane farmers
Despite the sugar cane crushing at its peak the Akhilesh Yadav government has yet to announce the State Advised Price (SAP) of cane making ...
Rise in cane prices likely to hit profits of sugar millsRising cane prices are likely to hit profits of sugar mills. In Maharashtra a bidding war may break out due to cane shortage.
- Infosys identifies European SAP firms as potential targets
Infosys has identified Polish firm BCC and German company Ciba Novasoft as potential targets. Nine trends for IT in 2009 | Technology Watch...
- Slowdown-hit IT cos prune staff cost
As the global financial crisis continues to cause a meltdown across countries and industries, the IT & ITeS sector in India is beginning to...
- More measures needed to calm crisis: IMF head
More measures are needed to tackle the crisis which has pushed the world financial system to the brink of meltdown, the head of the Interna...
- Infosys' refusal to hike its bid may drive Axon to HCL arms
With Infosys’ refusal to revise bid for the UK-based enterprise software player Axon Group, HCL Technologies has emerged as the clear front...