ECB minutes hint at more policy easing in June
The ECB has already unveiled a long list of measures to mitigate recession.
India may ease regulatory pricing cap for ECBs
Currently its capped at 4.5 % over LIBOR; May help borrowers to improve liquidity at the time ...
Flipkart close to hyperlocal debut with 90-minute delivery
Etailer looks to muscle into hyperlocal space,leveraging last-mile strength of Sha...
Jio prepaid plans that offer FUP of 12,000 minutes
Jio offers 12,000 minutes of FUP on prepaid plans priced at Rs 2599, Rs 2399, Rs 2121, Rs 1299 and Rs 4999. All these prepaid plans offer different features and come with varying data plans.
We're past the worst, but recovery will be uneven, ECB's Lagarde says
"We probably are past the lowest point and I say that with some trepidation, because of course there could be a severe second wave," Lagarde told an online event.
Pandemic-hit airlines cancel up to 25% flights last minute
This is because airlines are selling tickets for up to one-third of their total flights but are operating only about a fourth of their flights, cancelling the rest due to either low demand or some new norm in the constantly changing lockdown and quarantine rules of state governments. As passengers are left disgruntled, carriers blame daily cancellations on low demand, sudden change in state quarantine rules.
Euro, risk currencies lifted by ECB stimulus
The ECB's move supported appetite for riskier currencies.
Dollar strengthens; euro falls ahead of ECB meeting
The euro was at $1.2025, down 0.3% and retreating from three-month highs.
Banks approach FinMin, RBI to ease ECB rules
A set of 53 bonds now globally yield spreads of more than 450 basis points, the regulatory ceiling, according to data from BondEvalue, a Singapore-based firm.
Muller calls for ECB to stick to 'capital key' in bond buys
The ECB scooped up all of Italy's new debt in April and May, buying well above the country's capital key quota.
Global use of euro stabilizes near historic lows, ECB says
Launched over 20 years ago, the euro has always played second fiddle to the US dollar.
ECB gives ailing euro zone economy another shot of stimulus
Governments are running record deficits to cushion the impact of the pandemic.
European shares inch lower ahead of ECB meeting, carmakers drag
Automakers and banks led the declines, falling 2.5 per cent and 1.8 per cent, respectively.
MPC minutes show RBI feels it may take years to repair economy
RBI governor Shaktikanta Das said only the agriculture sector is showing a silver lining.
China cos’ India arms raise ECBs to scale FDI wall
Any investment from countries sharing a land border with India, including the China and Hong Kong region, will need special pre-approval, the government said last month. If a company needs emergency funding from China, the ECB is the best route since the transaction can be closed within a week, legal experts said.
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