High long-term US yields shows concern over fiscal deficits: Fed’s Waller

High long-term US yields shows concern over fiscal deficits: Fed’s Waller

Long-term bond rates have risen despite Fed rate cuts because of concern about large U.S. fiscal deficits and the ability of global investors to absorb it all, Fed Governor Chris Waller said on Monday. “When I’ve talked to market participants, one of the standard stories I hear is they are generally concerned about large fiscal … Read more

J&K receives Rs 3,325 crore investment proposals in healthcare sector despite COVID situation

J&K receives Rs 3,325 crore investment proposals in healthcare sector despite COVID situation

JAMMU: Jammu and Kashmir has received investment proposals of Rs 3,325 crore in health-care and medical education sectors, even as much-hyped global investors summit to attract investment into health care setup came to grinding halt due to COVID-19 this year. Despite the COVID situation, the health and medical education department took a lead in Jammu … Read more

Industry is resetting to be competitive: Nirmala Sitharaman

Industry is resetting to be competitive: Nirmala Sitharaman

(This story originally appeared in on Nov 03, 2020) As a most unusual year comes to an end, finance minister Nirmala Sitharaman is confident that the government’s interventions to revive the economy are working and says reforms will continue with a strong focus on infrastructure. Excerpts from a conversation with Sidhartha, Surojit Gupta and Rajeev … Read more