Bernanke says Fed has scope to provide more stimulus
The Federal Reserve has room to deliver additional monetary stimulus to boost the U.S. economy, Fed chairman Ben Bernanke told a Congressional oversight panel in a letter.
"There is scope for further
Yield on 10-year G-Sec likely to ease by 8-10 bps on CRR cut
The yield on 10-year government bond is likely to ease by 8 to 10 basis points in the wake of 75 bps cut in the Cash Reserve Ratio announced by the Reserve Bank on Friday.
"There can be easing of ar
India cuts US debt exposure by $4.2 bn in 3 months
India has lowered its exposure to America's ballooning debt for three consecutive months, as its holding of the US Treasury bonds fell by USD 4.2 billion (more than Rs 20,000 crore) between May and Ju