How rising global inflation is hastening rise in risk-free rates

Inflation expectation in the US measured by the 5-year breakeven inflation has risen to 2.94 per cent, the highest in 16 years. The persistence of a list of inflationary factors have led to a rise in core inflation and feeding into views of a potential wage-price spiral, especially when the labour market has tightened.

from Economic Times https://ift.tt/3ElgjyX

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Jagan moves closer to Centre, accompanies PM to Tirumala

In signs of growing bonhomie between Prime Minister Narendra Modi and Andhra chief minister YS Jaganmohan Reddy, the latter on Sunday accompanied the PM during his thanksgiving visit to Tirumala after winning a massive mandate in the Lok Sabha elections. Modi reciprocated by promising Jagan all support from the Centre. from India News | Latest News Headlines & Live Updates from India - Times of India http://bit.ly/2Kdd58X

BJP and SP talking about religion for votes: Mayawati

"The opposition parties, including the BJP, Samajwadi Party and others, are busy painting a Hindu-Muslim colour to the elections to hide their shortcomings. The BSP people will have to go to every village and every house to warn the people. This task must begin now," Mayawati said from Economic Times https://ift.tt/3Er0ab0

India’s agriculture technology can grow to $24.1 billion in 5 years: Report

A big chunk of the gains will likely be made by companies addressing supply chain and financial services solutions, driven by the availability of affordable high-speed internet and maturing of India’s digital content ecosystem, an EY report on India’s agri-tech potential said. from Economic Times https://ift.tt/2ZfE9tM

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