Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.
Twitter handle: @jeffmason1
MUMBAI Indian bonds slumped to a near two year low on Tuesday after a central bank deputy governor highlighted growing balance sheet risks for state banks due to their high exposure to government securities.
MUMBAI IDFC Bank Ltd, one of India's two newest banks, will acquire non-bank financial firm Capital First Ltd in a share swap deal valued at about $1.5 billion as it looks to boost its retail lending activities.
MUMBAI India's fixed income trade body set yields for government bonds at levels higher than the actual closing levels for the quarter from October to December, a top official of the market association told Reuters on Thursday.
MUMBAI/NEW DELHI India's benchmark 10-year bond hit its lowest in more than 16 months on Wednesday, as investors saw surging inflation as a potential threat to a still-struggling economy and a daunting challenge to policymakers.
MUMBAI Indian bonds slumped to a 15-month low on Friday after the Reserve Bank of India set higher-than-expected cut-off yields at the weekly debt auction, which traders saw as a sign the central bank was getting more comfortable with higher yields.
MUMBAI The Reserve Bank of India kept its policy rate steady on Wednesday, as widely expected, after inflation accelerated to a seven-month high and stronger economic growth reduced the need for monetary stimulus.
MUMBAI India's benchmark 10-year bonds gained on Wednesday after the central bank stuck to a more balanced tone on inflation and market liquidity, in a relief to investors who had braced for more hawkish comments.
MUMBAI State-owned Life Insurance Corp of India (LIC) will likely slow stock purchases for the rest of the fiscal year after nearly doubling its equity market investments in the first half from a year earlier.
MUMBAI, Dec 5 State-owned Life Insurance Corp of India (LIC) will likely slow stock purchases for the rest of the fiscal year after nearly doubling its equity market investments in the first half from a year earlier.
MUMBAI The Reserve Bank of India (RBI) looks set to keep its policy rate on hold on Wednesday, after inflation accelerated to a seven-month high and stronger economic growth reduced the need for monetary stimulus.