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Medix Global announces finalists for its Digital Health Innovation Challenge India ANI | Updated: Apr 21, 2021 18:01 IST Mumbai (Maharashtra) [India] April 21 (ANI/BusinessWire India): Medix Global, a leading global provider of innovative and digital health and medical management solutions, has announced the list of finalists that will be progressing to the final round of the Medix Global s Digital Health Innovation Challenge in India. The five finalists have been selected from a diverse pool of over 110 applicants working on digital health solutions for enhancing accessibility & implementation of quality medical care, promoting health literacy, optimizing costs, providing patient engagement, driving medical adherence & compliance and improving health outcomes benefitting stakeholders from across the health, insurance and pharma sectors. ....
Rising yields at India’s latest government bond auction are signaling the central bank may be reluctantly accepting higher borrowing costs amid a global rout. The Reserve Bank of India sold some of 10-year debt at 6.22 per cent on Friday, compared with about 6 per cent in previous auctions. That’s after a spike in U.S. Treasury yields and oil prices pushed borrowing costs higher globally. The RBI has allowed yields to adjust higher due to global reflationary pressures, said Shailendra Jhingan, chief executive at ICICI Securities Primary Dealership Ltd. They are allowing an orderly evolution of the yield curve without any fixed target where yields should be. ....
Dec 16 2020, 7:36 AM December 15 2020, 6:31 AM December 16 2020, 7:36 AM (Bloomberg) A relentless torrent of funds rushing into Indiaâs markets may tip the central bankâs delicate balancing act in 2021. (Bloomberg) A relentless torrent of funds rushing into Indiaâs markets may tip the central bankâs delicate balancing act in 2021. For most of this year, the Reserve Bank of India has capped currency gains as global investors poured around $50 billion into stocks and stakes in companies. This has boosted rupee liquidity in a banking system thatâs already flush with cash from the RBIâs stimulus measures. Thereâs growing consensus among traders and fund managers that the mounting pressures particularly the liquidity glut distorting money markets may spur the central bank to consider a range of changes, from relaxing its grip on Asiaâs worst-performing currency to curtailing bond purchases. ....
A relentless torrent of funds rushing into India’s markets may tip the central bank’s delicate balancing act in 2021. For most of this year, the Reserve Bank of India has capped currency gains as global investors poured around $50 billion into stocks and stakes in companies. This has boosted rupee liquidity in a banking system that’s already flush with cash from the RBI’s stimulus measures. There’s growing consensus among traders and fund managers that the mounting pressures particularly the liquidity glut distorting money markets may spur the central bank to consider a range of changes, from relaxing its grip on Asia’s worst-performing currency to curtailing bond purchases. ....
Wave of foreign money threatens India's tight grip on rupee financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.