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The yield curve just posted its first week of steepening since July, rebounding from its flattest level in a year after a highly anticipated speech by Federal Reserve Chair Jerome Powell. He stressed that the central bank could start slowing its debt purchases in 2021, though it won’t rush to begin raising rates thereafter.

On the progress towards Fed’s objectives of greater than 2% inflation and maximum employment, the expressions were far emphatic than earlier; he confirmed that conditions of “substantial further progress” towards meeting these goals have been met.

Current reports suggest that the San Francisco based company will partner up with ​Equitas Small Finance Bank for the deposits. Other banks are expected to join too, with Ujjivan Small Finance Bank and AU Small Finance Bank rumoured to be next in line.

Pattern analysis showed after staging a breakout above the 15,900-15,950 levels, Nifty has extended its upward move with some rangebound consolidation in between. While there is still some room on the upside, the 16,350-16,400 zone will act as immediate short-term support for the index.

​The scheme was launched by the government in 2015 with an intention to put the idle gold stored by individuals in their homes and bank lockers to productive use. However, the scheme did not find many takers -one of the main reasons being what happens to the gold you deposit with the bank.

Every business should have working capital to sustain the functions of the company, pay its employees and grow in the market. Insurance helps in case of unprecedented financial risks and are usually mitigated with insurance coverage.

The number of total PMJDY accounts is 43.04 crore as of August 18, this year out which which 55.4% account holders were women, 66.6% holders from rural and semi urban areas, according to Finance Ministry.

Berkowitz attributes his investing success to the very low price he is willing to pay for a given security, which he feels gives him a great chance of making money in the long run. He aims to buy stocks at cheaper prices to obtain a margin of safety and then waits for the market’s perceptions of a beaten-down stock to change. He then decides whether the stock is crucial to the economy or not.

Hero MotoCorp Head of Sales and After Sales Naveen Chauhan noted that through this strategic partnership, the company would work with ASDC to upskill and reskill the workforce in the automotive industry.

Spending on services rose 1.0%, a broad increase led by food services and accommodations. Outlays on services last month were 1% above their February 2020 level. Healthcare, transportation and recreation are yet to recoup their pandemic losses.