Latest news with #RadhikaRao
Business Recorder
3 days ago
- Business
- Business Recorder
Strong auction bolsters India bonds despite RBI's liquidity withdrawal
MUMBAI: Indian government bonds recouped early losses to end higher on Friday, led by a sharp rally in very long-term notes, as better-than-expected demand at an auction improved investor appetite. The yield on the benchmark 10-year bond ended at 6.2994%, after closing at 6.3156% on Thursday. Earlier in the day, it hit 6.3395%, its highest in two months. The five-year 6.75% 2029 bond ended at 5.9762% after closing at 5.9636% on Thursday. Bond yields move inversely to prices. The Reserve Bank of India sold 2074 maturity paper at a cutoff yield of 7.15%, three basis points lower than market estimates. Prices of bonds above 30 years jumped after the auction as investors without successful bids scurried to buy in the secondary market. Bonds fell in early trading as the RBI raised the quantum of its seven-day variable rate reverse repo operation to 2.5 trillion rupees ($29.16 billion), denting sentiment, with the benchmark bond yield briefly breaking a key resistance level. India bonds flat; traders eye debt supply, RBI liquidity move Banks parked only 1.52 trillion rupees at the auction, with the interbank call rate staying around the policy repo rate and tri-party rate staying above standing deposit facility rate. 'An increase in the auction size signalled that the authorities prefer the overnight rate to stay within the policy corridor, above the SDF rate and edge closer to the repo rate,' said Radhika Rao, executive director and senior economist at DBS Bank. Rates India's overnight index swap rates saw paying pressure, especially in the shorter end of the curve. The one-year OIS rate ended at 5.54% and the two-year OIS rate ended at 5.50%. The liquid five-year finished at 5.70%.
Time of India
5 days ago
- Business
- Time of India
Overseas investors make close to $100 billion from India investments
Income repatriation by overseas investors in Indian assets – traded financial securities such as bonds and stock, and direct investments in companies operating in the country – soared to within a touching distance of $100 billion, cementing the credentials of Asia's second-largest economy as a top global investment destination. Overseas investors took back home a record $97.7 billion as their profits (dividend, interest income, etc) from their investments in debt, equity and other fixed income instruments in FY25, compared with $87.5 billion in FY24, Reserve Bank of India (RBI) data showed. Besides foreign direct investments ( FDI ) in Indian firms, which yielded dividends and profit income for overseas shareholders, they also made money in Indian debt investments. Last year saw higher inflows in Indian debt instruments as local debt was included in the JPMorgan bond index. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like This Wrinkle Cream Keeps Selling Out at Boots Find Out Why Skincare Magazine Learn More Undo 'The income earnings have been supported by gross FDI inflows that continued to rise in FY25, besides FPI inflows into the bond index' said Gaura Sengupta, chief economist at IDFC First Bank . 'Debt investments performed well as domestic bond yields were lower.' Although the RBI data did not give the source of dividend and profits, a sizable portion of private equity exits comprising dividend and profits was reflected in the investment income. Live Events To be sure, the nation brought back home 33% higher profits, amounting to $45 billion. This was largely due to the RBI earning 37% higher returns through deployment of foreign exchange reserves. Income from reserves deployment amounted to $21.7 billion in FY25, compared with $15.8 billion in the previous year, RBI data showed. This has helped rein in the deficit in the investment income in the current account. The deficit in investment income was lower at $52.6 billion in FY25, compared with a deficit of $53.6 billion in the previous year. 'Mirroring trends in overall two-way foreign investment flows last year, repatriation of dividend and interest income by foreign investors was offset by an increase in Indian companies setting out more investments in overseas markets, which likely resulted in a jump in inward flow of related income' said Radhika Rao, executive director, DBS Bank. 'These dynamics are likely to make the investment income segment better balanced, under the current account, compared to being a consistent drag in the past.'
Hindustan Times
04-07-2025
- Entertainment
- Hindustan Times
Sonakshi Sinha has a hilarious take on why people think she is pregnant; check out her conversation with Zaheer Iqbal
Shefali Jariwala, the iconic "Kaanta Laga" star, passed away at 42 from a cardiac arrest on June 27. Directors Radhika Rao and Vinay Sapru, who discovered her while driving in Bandra, paid tribute by announcing they will retire the song, stating she will always be the only "Kaanta Laga" girl. Her death has left a profound impact on fans and the industry.
Pink Villa
04-07-2025
- Entertainment
- Pink Villa
'We're retiring Kaanta Laga forever': Shefali Jariwala gets an emotional final farewell from directors Radhika Rao and Vinay Sapru
Trigger warning: This article contains mention of death. Shefali Jariwala 's sudden demise has left everyone in a state of shock. As the family and fans continue to mourn her loss, Police continue with their investigation. She rose to fame with her stint in the popular music video Kaanta Laga. The makers of the video, Radhika Rao and Vinay Sapru, have paid an emotional tribute to the 42-year-old actress by confirming that the song will not have any sequel. Radhika Rao and Vinay Sapru's emotional post remembering Shefali Jariwala Taking to their official Instagram handle, Radhika Rao and Vinay Sapru's joint account named sapruandrao got all the fans emotionally nostalgic by sharing a picture of Shefali Jariwala. The picture was from her photoshoot for the song that made her a household name, Kaanta Laga. The late actress looked stunning in her look that she donned in the song. More than the picture, what grabbed our attention was the caption. It read, 'Yesterday Was The Prayer Meeting. Saying The Final Goodbyes… With Our First Photo Session Together.. ' Kaanta Laga ' - CD Inlay Card. You Always Said You Wanted To Be The One And Only 'Kaanta Laga' Girl. So We Never Made A Sequel — And We Never Will. We're Retiring 'Kaanta Laga' Forever. It Was Always Yours. It Will Always Be Yours… Shefali…RIP…' Shefali Jariwala took an anti-ageing injection despite fasting on the day of her demise It is out everywhere that the actress suffered a cardiac arrest because of which she lost her life. But is that the real cause? As per reports in ETimes, Police have learned that Shefali Jariwala was consuming anti-ageing medications, including glutathione, for nearly a decade. The reports further stated that on that unfortunate day, the actress had observed a fast due to religious reasons. Despite that, she went ahead to take the anti-ageing injection in the afternoon as it was part of her treatment prescribed to her years ago and taken monthly. The police investigation is underway, and everyone is awaiting the actual cause of her demise. Stay tuned to Pinkvilla for more updates like this.
CNBC
01-07-2025
- Business
- CNBC
There is momentum for India's stock market to scale further record highs, says DBS
Radhika Rao, Senior Economist at DBS says there's tailwinds for Indian markets to make more gains. She also talks about India's trade talks with the U.S. While being optimistic on the deal itself, Rao says New Delhi will protect its agricultural sector.
