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RBI may consider issuing bonds to help soak up foreign money into stocks

RBI may consider issuing bonds to help soak up foreign money into stocks
The RBI report recommended further strengthening foreign-exchange reserves, citing the swings in the rupee around the time of the global taper tantrum in 2013
(Photo: Mint)Premium
Subhadip Sircar,
, Bloomberg
Current laws forbid the RBI from selling its own paper, and budgetary constraints could prevent the government from issuing so-called market stabilization scheme, or MSS, bonds that authorities have used in the past
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The Reserve Bank of India may consider issuing its own bonds to help soak up a deluge of foreign money into stocks that threatens financial stability, according to a report published by its researchers. ....

Yashutosh Joshi , Istsubhadip Sircar , Foreign Money , Financial Stability , Stabilization Scheme , Impossible Trinity , Monetary Policy Department , அசுதோஷ் ஜோஷி , வெளிநாட்டு பணம் , நிதி ஸ்திரத்தன்மை , உறுதிப்படுத்தல் திட்டம் , சாத்தியமற்றது திரித்துவம் , பண பாலிஸீ துறை ,

Entergy Reports 2020 Financial Results, Initiates 2021 Earnings Guidance

Entergy Reports 2020 Financial Results, Initiates 2021 Earnings Guidance
2020 results in top half of guidance range
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NEW ORLEANS, Feb. 24, 2021 /PRNewswire/ Entergy Corporation (NYSE: ETR) reported fourth quarter 2020 earnings per share of $1.93 on an as-reported basis and 71 cents on an adjusted basis (non-GAAP). For the full year, the company reported 2020 earnings per share of $6.90 on an as-reported basis and $5.66 on an adjusted basis.
We are reporting strong results for another very successful year. Our adjusted earnings per share were in the top half of our guidance range as we exceeded our $100 million cost savings target for the year, said Entergy Chairman and Chief Executive Officer Leo Denault. We ve built a culture of resiliency, and we couldn t be prouder of our employees who successfully delivered on our commitments in the face of extraordinary challenges. Our strong 2020 results r ....

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