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2019-06-03 12:25:00

INDIA'S GDP UP, DEBT DOWN

INDIA'S GDP UP, DEBT DOWN

BLOOMBERG - India's benchmark bond yield slid to an 18-month low as a slowing economy and falling oil prices intensified speculation that the central bank will cut rates more than once.

The yield on 10-year rupee sovereign debt fell as much as 9 basis points to 6.94% after data late Friday showed gross domestic product rose 5.8% last quarter from a year earlier. That was slower than the median 6.3% estimate in a Bloomberg survey. Cooling crude prices further improved the outlook for inflation, which is already below the central bank's target.

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Tags: INDIA, GDP, DEBT
Chronicle:
INDIA'S GDP UP, DEBT DOWN
2019, November, 11, 13:00:00
IRAN'S LPG FOR CHINA DOWN
Trader estimates for cargoes loading from Iran bound for China in November generally ranged between seven and 10. Some said the number was lower at six to seven, while one source said it did not exceed nine.
INDIA'S GDP UP, DEBT DOWN
2019, November, 11, 12:55:00
BALANCING THE GLOBAL ENERGY SYSTEM
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INDIA'S GDP UP, DEBT DOWN
2019, November, 11, 12:50:00
AFRICA'S ENERGY DEMAND GROWTH TWICE
Energy demand in Africa grows twice as fast as the global average, and Africa’s vast renewables resources and falling technology costs drive double-digit growth in deployment of utility-scale and distributed solar photovoltaics (PV), and other renewables, across the continent.
INDIA'S GDP UP, DEBT DOWN
2019, November, 11, 12:45:00
UAE GDP GROWTH 2.5%
Following a challenging period, the economy is recovering. Non-oil growth could exceed 1 percent in 2019 and pick up to around 3 percent next year, the fastest since 2016, on the back of Expo 2020 and fiscal stimulus. Overall GDP growth would register 2.5 percent in 2020.
INDIA'S GDP UP, DEBT DOWN
2019, November, 11, 12:40:00
U.S. RIGS DOWN 5 TO 817
U.S. Rig Count is down 5 rigs from last week to 817, Canada Rig Count is down 2 rigs from last week to 140,
INDIA'S GDP UP, DEBT DOWN
2019, November, 8, 11:35:00
OIL PRICE: NOT ABOVE $62
Brent was down 44 cents, or 0.7%, at $61.85 a barrel, WTI was down 50 cents, or 0.9%, at $56.65 a barrel.
INDIA'S GDP UP, DEBT DOWN
2019, November, 8, 11:25:00
GAZPROM, UKRAINE STRATEGIC ISSUES
Alexey Miller pointed out that a number of strategic issues need to be resolved prior to the signing of a new transit contract.
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