Mumbai: Central banks, home and away, may have paused tightening rates, but their undiminished emphasis on inflationary risks has dashed expectations of an early resumption of the easing cycle. Rather, a key market gauge is now pencilling in a reduction in the cost of funds only in April 2024. Overnight Indexed Swap (OIS) rates, an … Read more
Mumbai: India’s derivatives market for rate products is penciling in reductions in the cost of funds, beginning perhaps early 2024, even though the central bank has repeatedly stressed last week’s ‘pause’ in rate action applied to that policy review only. Overnight indexed swap (OIS) rates, used to hedge interest-rate risks in Asia’s third-biggest economy, are … Read more
Mumbai: A key derivatives-market gauge is pointing to aggressive increases in interest rates through this fiscal year and the next after the Reserve Bank of India (RBI)’s latest monetary policy review prioritised restraining inflation despite no immediate changes officially in either its stance or the cost of funds for the broader economy. The Overnight Indexed … Read more
iPhone cameras can be degraded by “high-amplitude vibrations” generated by “high-power” motorcycle engines, Apple warned through a new support page posted online. Most iPhone models nowadays carry optical image stabilisation (OIS) and closed loop autofocus systems that are designed to reduce the impact of any accidental movement while shooting. Apple recently said that long-term exposure … Read more