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Centre to issue government securities without foreign limits soon
While the FPI limit on most bond issues would not be raised above 6 per cent, there would be some in which there would be no limits, reports Arup Roychoudhury. Illustration: Uttam Ghosh/Rediff.com......
Budget 2019: In a first, India to issue sovereign bonds in global market
The government planned to borrow 10-15 per cent of the total borrowing offshore. That works out to at least Rs 71,000 crore, or about $10.4 billion at Friday’s exchange rate. The government......
Will rupee breach 70 a dollar?
The immediate concern for the rupee is the sharp spike in oil prices Illustration: uttam Ghosh/Rediff.com The rupee touched its record low of 69.10 a dollar in morning trades on Thursday amid a......
RBI moves to keep FPIs invested in bond market
The RBI had in the past expressed its concerns about allowing foreign investors in short-term paper, because it attracted hot money. The Reserve Bank of India, in an attempt to keep......
5,275 wilful defaulters (+ Mallya) owe banks Rs 56,621 crore
India’s five leading wilful defaulters are Winsome Diamonds & Jewellery Ltd and associate Forever Precious Jewellery & Diamonds, Zoom Developers, Kingfisher Airlines, Beta Naphthol and Raza......
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