RIL raises $4 bn in India's largest-ever foreign currency bonds issue

Reliance Industries Ltd, the nation's most valuable company, on Thursday said it has raised $4 billion (around Rs 30,000 crore) in debt through the largest ever foreign currency bond issuance by an......

FPIs invest over $25 billion in Indian markets in CY17

Liquidity pushed benchmark indices 22% higher to become the best performing equity market globally Illustration: Uttam Ghosh/Rediff.com Foreign portfolio investors (FPIs) have pumped in over $25.4......

A first in many years, FY17 credit growth to lag India's GDP

Historically, overall credit has grown at 1.6 times GDP growth Pressures such as a virtual freeze on corporate capital expenditure, slowing retail loan growth, particularly because of......

Why Sensex and Nifty tanked almost 6% in six trading days

Demonetisation, Donald Trump's surprise victory in the US presidential elections, and the fear that US Fed may hike rates in the upcoming policy review in December have dented market sentiments,......