Tamal Bandyopadhyay

Japanese lender Sumitomo Mitsui Banking Corporation (SMBC) has signed a definitive agreement to take a 20% stake in Indian private lender Yes Bank , a deal that… Source: Reuters Shared via the Google app https://t.co/OqfDLsg5fr

IMF okays disbursement of a second loan tranche of $1 billion to Pakistan under its Extended Fund Facility. India abstains from voting, citing serious concerns about misuse of financial aid for state-sponsored terrorism. @IMFNews

. @moodysratings affirms @MyIndusIndBank ratings but changes outlook to negative and downgrades standalone credit profile

Apple may not be able to avoid price hikes for long.. It is absorbing $900 million in tariff cost this quarter.. but the hit to its profit margins could get worse..⁦@Apple⁩ https://t.co/nVDZIUtDoI

Indo Pak conflict escalation takes toll on markets. Bond yields zoom to 6.39 % against today low of 6.29%. INR weakens sharply to 85.69 a $, 86 paisa down. Equity relatively calm, down 0.4% . Karachi index down more than 7%

Tariff war to reduce global/emerging market output growth by 0.5%, IMF's World Economic Outlook ‘reference scenario’. Countries imposing high tariffs & those dependent on trade with such countries, will be hit hardest. IMF downgrades forecasts for 127 nations, accounting for 86%

Since 1980, global bear market rallies have averaged 44 days with 14% gains. Prices have already rebounded 18% from the April 7 low. For a sustained recovery, a stronger economic outlook and supportive policies are needed…. https://t.co/IPPLyOhD19

Outbreak of hostilities between India & Pakistan ups regional credit risks but @SPGlobalRatings doesn’t see immediate impact on sovereign credit ratings of India (BBB-/Positive/B) & Pakistan (CCC+/Stable/C). Escalation will worsen credit risks.

. @federalreserve holds rates steady at 4.25%-4.5% range. Says risks to higher unemployment & inflation 'have risen'. Uncertainty about economic outlook has `increased further' & FOMC is attentive to risks to both sides of its dual mandate & judges that "risks of higher

9 out of 20 sectors secure ‘Superior Risk Index’: @ICICILombard Corporate India Risk Index 2024. Sectors display superior risk handling/management: Automotive & Ancillary, BFSI, Healthcare Delivery, Manufacturing, Metals & Mining, Pharma, Telecom & Communication, Tourism &

Cost of home-cooked both vegetarian & non-vegetarian thalis down 4% in April. How? Tomato prices down 34%. That's the reason behind decline in veg thali. What about non-veg? Prices of broiler— which contributes 50% of a non-veg thali cost — down 4%. @CrisilLimited

No impact of India’s strike on terrorist camps in Pakistan on markets. Bond yields unchanged, INR marginally up against $, equities almost flat

Where does the buck stop when it comes to mismanagement in financial sector? The CEO? Board? Team of senior management? Auditors? Supervisors? Latest #BankersTrust in ⁦@bsindia⁩ looks for an answer https://t.co/g9vY0Wd5qL

BREAKING NEWS: US adds 177,000 jobs in April, beating expectations and defying worries about the early impact of Donald Trump’s policies on the world’s largest economy.

After behaving like a peg currency for long, volatility is back in INR. Opened at 84.10 a $, appreciated to 83.755 and closed at 84.57 s $. A gross volatility of 1.16 paisa. Traders should not complain ….

Traffic doesn’t move at 3 pm on Western Express Highway. From bad to worse with every passing day https://t.co/sKFzpGNAlh