Interest rates may stay high for longer, hints a key market gauge https://ift.tt/ArWMReI Indexed Swap (OIS) rates, an indicator of how the Reserve Bank of India (RBI) may act on policy rates, have climbed over the past eight days, reversing earlier optimism that rates were likely to head lower in the last quarter of calendar 2023.
NSE IFSC-SGX Connect may be fully operational by June https://ift.tt/XC89Iks this connectivity, global investors who are clients of SGX will be able to trade in Indian derivatives market remotely without having to set up a shop in India. Currently, only a few trades are being executed through the route.
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