With inflation surging to a two month high the monetary tightening will continue for the next couple of months. Sashi Krishnan, CIO, Bajaj Allianz Life Insurance, tells

Government bond markets have responded positively to the Union budget. The benchmark ten-year bond yield often used as a reference rate for other bonds and loans has dropped by 8 basis points (a

$1.2 trillion omnibus spending bill to wrap up the unfinished 2011 spending bills they inherited from Democrats. The measure cuts $61 billion from the 2010 bills endorsed by President Barak Obama.