Search

The article emphasizes the importance of saving money, providing various strategies and account options, such as standard savings, money market, high-yield savings, CDs, and long-term accounts like individual retirement accounts, to help individuals build a financial cushion for future expenses.

Nomura, a financial services company, has downplayed concerns about banks struggling with deposits and a shift in money to the capital market. Param Subramanian, Vice President of Equity Research, argues that the idea that banks are struggling for deposits is incorrect. He attributes the slower pace of reserve money creation by the Reserve Bank of India (RBI) during the COVID period as one reason for the lag in deposits compared to loan growth. In other news, Jio Financial Services Ltd has received approval to raise its foreign investment cap to 49% from the Department of Economic Affairs within the Ministry of Finance. [Extracted from the article]

Corporate bond issuances in June 2024 experienced a significant decline of 47% compared to the previous year, as companies awaited fiscal clarity in the upcoming Union Budget. Money market experts attribute this drop to corporates refraining from raising funds through bonds in anticipation of lower borrowing numbers. In June 2024, companies and banks raised Rs 61,254 crore through corporate bonds, compared to Rs 1.14 lakh crore in the same period the previous year. This cautious approach is likely due to the preference of closely tracking borrowing numbers, which are expected to be lower than projected earlier. [Extracted from the article]

The article outlines a groundbreaking settlement in a class-action antitrust lawsuit by college athletes, marking a significant shift as it allows colleges to directly compensate athletes for playing sports and provides compensation to thousands of athletes.

The Reserve Bank of India (RBI) Governor, Shaktikanta Das, has cautioned banks to be vigilant about certain individuals or entities using banking channels to fund activities on unauthorized forex trading platforms. Das emphasized the need for enhanced vigilance in this regard. In other news, equity mutual fund inflows in India dropped by 16% in March, with investors pulling money out of small cap funds for the first time in the last 30 months. This information was released by the Association of Mutual Funds of India (AMFI). [Extracted from the article]

The article focuses on Liz Truss's statements at a far-right convention in America, where she alleged being ousted by the "deep state" and accused the Financial Times and the Economist of being part of a conspiracy against her, prompting concerns about her mental state from former colleagues.

The article reports that Irvine-based cannabis firm Petalfast Inc. has successfully closed an 8 million dollars funding round, intending to use the funds for new acquisitions and national expansion with Chief Executive Officer Jason Vegotsky.

The article focuses on Reserve Bank of India (RBI) Governor Shaktikanta Das's endorsement of Central Bank Digital Currency (CBDC) for cross-border payments, highlighting successful pilot projects in wholesale, retail segments, and their expansion to overnight money markets.

The article discusses the investment objective of the Mirae Asset Balanced Advantage Fund. It mentions that the fund aims to capitalize on equity market upside while managing downside risks through a combination of equity, debt, money market instruments, and derivatives.It also mentions that there is no guarantee that the fund's investment objective will be achieved, and it may utilize an internal proprietary model to monitor market conditions and guide asset allocation decisions.

Presents a chart depicting the rate of mutual funds in the U.S. as of February 2005.

Reports that Citigroup Inc. has placed on leave the traders involved in a government bond trade in Europe that prompted regulatory investigations.

Presents data on money market mutual funds as of the week ended January 7, 2005. Regular funds; Tax exempt funds.

Presents foreign exchange rates as of January 7, 2005. Foreign currency in dollars; Dollars in foreign currency.

Presents graphs showing the performance of the futures market for the trading day ended January 6, 2005. Financial futures market; Agricultural futures market; Metals and energy futures market.

Presents a graph showing the foreign exchange market for the trading day ended January 6, 2005. Rate of U.S. dollar in foreign currency.

Presents data concerning the U.S. money market as of December 31, 2004.

Presents a chart showing money market rates in the United States as of December 29, 2004.

Presents charts listing the annual percentage yields on money market accounts in the U.S. on December 29, 2004. Three-month certificates of deposit; Commercial banks; Savings banks; Major banks outside New York.

Presents charts showing the performance of money market mutual funds in the United States for the week ended December 23, 2004. Fund names; Average seven-day yields; Tax exempt funds.

Presents charts related to foreign exchange in the U.S. as of December 14, 2004.

Presents a table showing the performance of money market mutual funds for the trading week ended December 9, 2004. ABN AMRO Inc.; Centen; First Third; J.P. Morgan; Wells Fargo; One Group.

Presents a tabulation of the foreign exchange values as of December 8, 2004. Type of international currency; Value of foreign currency in dollars; Value of the U.S. dollar in foreign currency.

Presents tabulations of figures reflecting the bank money accounts of commercial and savings banks in the New York area and major banks outside the New York state as of December 8, 2004. Annual percentage yields on money market accounts; Three month certificates of deposit; Six month certificates of deposit.

Presents charts depicting market figures in the money market mutual funds in the U.S.

Presents a table showing the performance of money market mutual funds for the trading week ended November 12, 2004. ABN Amro; Centen; First Third; J.P. Morgan; Wells Fargo; One Group; Others.

Reports on the fate of risk-averse investors who stuck with the bond market in 2004 despite warnings that interest rates would climb sharply. Increase in the flow of money into funds that buy Treasury inflation-protected securities; Increase in net inflows into investment grade corporate bonds and high-quality investment grade funds which buy bonds rate double-A or higher; Suggestion that the loss in bonds which investors were willing to accept for the sake of diversification and risk reduction has turned into a gain.

Presents a chart showing the performance of the foreign exchange markets in the United States on November 3, 2004.

Lists money market mutual funds in the United States for the week ended October 8, 2004. Regular funds; Tax exempt funds; Seven-day yield.

Presents a chart on activity in the foreign exchange market on September 16, 2004.

Presents a chart showing mutual funds performance in the U.S. as of September 15, 2004. Fund name; Daily and year-to-date changes.

Presents several charts showing bank money accounts performance in the U.S. as of September 15, 2004.

Presents foreign exchange data for September 13, 2004. Currency; Foreign currency in dollars; Dollars in foreign currency; Argentina; Australia; Bahrain.

Presents an update on money market mutual funds in the United States for the week ended September 10, 2004.

Presents a chart related to foreign exchange in the U.S. as of September 9, 2004.

Presents data on closed-end funds, for the week ended August 20, 2004.

Presents data on the money market mutual funds, for the week ended August 20, 2004.

Reports on the status of the currency market as of August 18, 2004.

Presents a table showing the performance of money market mutual funds for the trading week ended August 13, 2004. ABN Amro; Centen; First Third; J.P. Morgan; Wells Fargo; One Group; Others.

Provides information about the exchange rate of the U.S. dollar to different currencies as of August 15, 2004. Chinese yuan; Japanese yen; Australian dollar; Canadian dollar; Others.

Provides information on trading in stock options in the United States as of August 9, 2004. Most active options; Volume comparisons; Percentage gainers and losers.

Presents charts on the performance of money market mutual funds in the United States as of July 30, 2004. Average maturity; Daily yield.

Reports on the annual percentage yields on money market accounts including certificates of deposits at selected banks in New York as of July 28, 2004. Minimum amount of money to open an account; Comparison of the interest rates.