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    JGB yields rise as global politics add to pressure from yen

    Japanese bond yields surged on expectations of tighter Bank of Japan policy amid a weak yen. Global concerns over French and U.S. elections drove yields higher. Mizuho Securities forecasts continued increase in bond yields with uncertainty surrounding BOJ's tightening plans and potential rate hike at the July meeting.

    As North Korean and Chinese threats rise, US looks to lock in defense partnerships with Asian allies

    The United States concluded its inaugural multidomain exercise with Japan and South Korea in the East China Sea, marking a milestone in strengthening regional security alliances. Dubbed Freedom Edge, the exercise focused on enhancing joint capabilities in missile defense, anti-submarine warfare, and surveillance amid escalating threats from North Korea and China. Despite geopolitical tensions, the drills aimed to foster interoperability among allied forces, crucial for coordinated responses to regional challenges. The exercises underscore efforts by the Biden administration to solidify partnerships amidst growing military dynamics in the Indo-Pacific region.

    LIC warns policyholders about offers to buy their current insurance policies

    The life insurance behemoth has urged all policyholders to proceed with extreme caution before making any decisions about their policy that might compromise their family's risk coverage and financial stability.

    US and allies clash with Tehran and Moscow over Iranian nuclear programme at UN Security Council

    The United States and key European allies clashed with Iran and Russia over Tehran's expanding nuclear program The US vowed to prevent a nuclear-armed Iran in a UN Security Council meeting. The US and its allies accused Iran of escalating nuclear activities beyond limits agreed upon in a 2015 deal. Iran and Russia defended Tehran's nuclear program oversight and blamed the US for sanctions.

    What's behind India's hardening posture against China?

    India appears to be adopting a tougher stance towards China, with Prime Minister Modi set to attend the Shanghai Cooperation Organisation (SCO) meeting in Kazakhstan in July. Recent developments suggest a hardening of India's posture against China, including refusing to resume direct passenger flights and engaging with Taiwan, signaling a shift in India's approach.

    Diversifying Forex Reserves: RBI bought gold sold securities in April

    The value of India’s – essentially the Reserve Bank of India’s – US treasury securities dipped $ 7.1 billion in April to take the value of outstanding US treasury securities’ exposure to $233.5 billion, according to the data released by the US treasury department late on Tuesday.

    • "I don't have more to add..." White House refrains from commenting on Khalistani terrorist Pannun

      The White House declined to comment on whether the plot to kill pro-Khalistani terrorist Gurpatwant Singh Pannun was discussed during National Security Adviser (NSA) Jake Sullivan's meetings in India. National Security Spokesperson John Kirby emphasized the focus on deepening US-India relations, particularly in emerging technology. Sullivan's visit to Delhi marked the first trip by a senior Biden Administration official after the Modi government's third-term victory. Meanwhile, Indian national Nikhil Gupta, extradited to the US, faces charges related to the alleged plot against Pannun.

      5 rules for safety & well-being of international students in the US

      Exploring a study abroad journey offers international students opportunities for growth and enrichment. Safety is crucial amidst the excitement of new experiences, with five essential rules highlighted for students' well-being.

      10-year bond yield slips below 7% on lower inflation prints

      The fall in government bond yields to 6.98% reduces borrowing costs across the economy, influencing corporate borrowing prices. Sovereign debt yields serve as benchmarks for determining corporate borrowing costs.

      China ready to work with New Zealand to upgrade ties as Chinese Premier Li visits Wellington

      New Zealand has in recent years taken a less assertive line with Beijing on security matters than its Western partners in the Five Eyes intelligence sharing partnership and has sought a consistent foreign policy approach to Beijing that spans political parties and administrations. But Luxon told reporters Monday that there were areas where, in talks with Li, Wellington would "call out our differences and discuss those openly, too."

      GIFT Nifty rises 90 points; here's the trading setup for today's session

      Nifty scaled fresh highs but saw profit booking. SGX Nifty signals a positive start. Tech View warns of a downward correction. Nagaraj Shetti expects selloff below 23200 levels. Global markets show mixed movements. Oil prices fell. Stocks in F&O ban today include Balrampur Chini Mills, SAIL, and India Cements.

      India's foreign policy priorities under Modi 3.0

      Narendra Modi is all set to become India’s Prime Minister for a third consecutive term. Here's a look at the likely foreign policy priorities under Modi 3.0.

      GIFT Nifty trades on a muted note; here's the trading setup for today's session

      GIFT Nifty: Domestic equities rose for a second day as investors analyzed Lok Sabha 2024 elections outcome. Focus on government formation, ECB meeting today, and RBI policy tomorrow.

      Move over PSUs, defensive bets can be the next big story under Modi 3.0

      Defensive sectors like FMCG and pharma are emerging as potential winners under Modi 3.0, with experts forecasting gains fueled by rural push and policy actions. Investors are advised to explore stocks like HUL, Dabur, and pharma majors for potential returns amidst PSU valuation concerns.

      Is Joe Biden unwell? Can he continue in office?

      Many individuals who have interacted with President Joe Biden have warned of his declining cognitive abilities. He will contest the 2024 Presidential Elections in November for a second term in office.

      Rupee ends higher; RBI intervention, foreign banks' dollar sales help

      The Indian rupee closed stronger on Wednesday, partially recovering from its slump in the previous session, aided by dollar sales from foreign banks and likely intervention from the Reserve Bank of India.

      Bonds, rupee stage strong rebound on poll outlook

      Government bond yields closed at their lowest in over two years, and the rupee saw its largest single-day gain since December, driven by exit polls predicting a strong NDA victory in the general elections.

      Scholz to Putin: We will defend 'every square inch' of NATO territory

      ​Speaking at the Eastern German Economic Forum also attended by Lithuanian Prime Minister Ingrida Simonyte, Scholz said Germany has played a leading role in NATO's presence in the Baltics on Russia's border, stretching back nearly a decade. "And because the threat from Russia will continue, we and other allies decided last year to deploy additional units to the Baltic states and to station an entire brigade there permanently in future," Scholz said, according to a speech manuscript.

      How China pulled so far ahead on industrial policy

      The problem for the West, though, is that China's industrial dominance is underpinned by decades of experience using the power of a one-party state to pull all the levers of government and banking, while encouraging frenetic competition among private companies.

      How China pulled so far ahead on industrial policy

      The problem for the West, though, is that China's industrial dominance is underpinned by decades of experience using the power of a one-party state to pull all the levers of government and banking, while encouraging frenetic competition among private companies.

      Fed's Waller ponders future path of underlying interest rates

      Federal Reserve Governor Christopher Waller said on Friday it's possible that a key underlying interest rate that influences the potency of monetary policy may rise in the future after years of declines, but it's too soon to say if that will happen.

      A new trade war offers no easy way back for old global order

      The US-China trade war has intensified with the use of tariffs and subsidies, impacting Europe and China. US Treasury Secretary Janet Yellen has warned of global business risks.

      Silver prices surge to nearly Rs 90,000/kg, still enough room for prices to move north

      Silver prices surged to nearly Rs. 90,000 per kg, hitting an all-time high, driven by increased industrial applications and speculation of no immediate reduction in US Federal Reserve policy rates. Within a month, silver prices rose by over 5%, with analysts attributing this surge to growing industrial demand from electric vehicle and photovoltaic solar panel manufacturers. High prices prompted selling of household silver in Mumbai's Zaveri Bazaar. Importantly, silver imports in FY24 rose by about a third, indicating strong industrial procurement and stable prices.

      Dollar rebounds on hot US import prices

      ​​ The dollar rose on Thursday after data showed U.S. import prices increased 0.9% last month, a jump that raised market fears that the Federal Reserve's fight to tame inflation is not done and could delay plans for policymakers to cut interest rates.

      Rupee gains but lags behind Asian peers, forward premiums rise

      The rupee was at 83.46 against the U.S. dollar as of 09:40 a.m. IST, up from its previous close at 83.50.

      India and US have firm foundation of strategic alignment: Condoleezza Rice

      India and the US have a strong strategic alignment, with a potential upward trajectory in their relationship after their respective elections this year. Former Secretary of State Condoleezza Rice believes that the convergence of interests between the two countries is unassailable, and she expects bipartisanship whoever wins. The upward trajectory of the relationship began during the Prime Ministership of Atal Bihari Vajpayee and played a crucial role in the India-US relationship during the Bush Administration.

      Gold falls Rs 50; silver nosedives Rs 1,500

      Extending the losses for the second straight session, gold and silver prices slumped in the national capital on Thursday in line with weak trends in the global markets. According to HDFC Securities, gold prices declined Rs 50 to Rs 72,250 per 10 grams in Delhi. It had settled at Rs 72,300 per 10 grams in the previous session.

      Dollar holds its ground as key inflation data looms

      The dollar held tight ranges against most peers on Thursday as traders awaited key U.S. inflation data for cues on Federal Reserve policy, while the focus on the massive interest rate gap between Japan and the U.S. helped it make some gains on the yen.

      NDA is already near 200 seats, on track to get past 400: Amit Shah

      Union Home Minister Amit Shah is confident that the BJP will achieve its 400-paar figure this election and says the party would win up to 200 of the 283 seats in the first three phases alone. In an interview with Rahul Tripathi and Pranab Dhal Samanta, he says that elections will be held in Jammu & Kashmir ‘according to court dates’ and opposes any reservation based on religion. Excerpts:

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