The Centre's gross borrowing crossed Rs 1,62,000 crore (Rs 1,620 billion) as bond market turned bullish after a fall in price level in the country last week.
The US market regulator Securities and Exchange Commission was doing what it could to stem the flow. It temporarily prohibited naked short-selling in the securities of major financial players including Freddie Mac and its sister firm Fannie Mae in July. But this didn't really help. It was only after global central banks pumped in unprecedented liquidity into global markets, that the storm was finally calmed.
As the government came under attack from the Opposition during the debate on the recent communal riots in the national capital that have claimed over 50 lives, the BJP members alleged that the violence was a pre-planned conspiracy and the home minister and authorities took pro-active steps to control the situation.
Lobbying on the Hill is time consuming and cumbersome, but very effective to influence US government policies, asserts Ambassador T P Sreenivasan, deputy chief of mission at the Indian embassy in Washington, DC after the 1998 nuclear tests and during the Kargil War.
According to Pakistan's National Counter Terrorism Authority (NACTA) list, which was updated on Tuesday, JuD and FIF were among 70 organisations proscribed by the ministry of Interior under the Anti-Terrorism Act 1997.
Soaring redemptions of government securities and 364-day treasury bills resulted in a 2.33 per cent fall in net borrowings of the Centre at Rs 91,821 crore (Rs 918.21 billion) till January 9, according to PNB Gilts.
A whopping 42 per cent increase in redemptions of government securities and 364 day treasury bills led to an over 14 per cent decline in the net borrowings of the Centre till December 26, according to PNB Gilts.
The resignation is sure to create more political firestorms for the government as it comes on the eve of the winter session of Parliament where the Opposition has already made it clear to the treasury benches that infringing on the RBI autonomy would be a big talking point for them.
Addressing the party's mega "Bharat Bachao Rally" (Save India) at Ramlila Maidan, she also targeted the government over the economic situation and exhorted people to raise their voice to protect the country and its Constitution.
The Anti-Terrorism Court in Lahore granted interim bail to Saeed and his aides -- Hafiz Masood, Ameer Hamza, and Malik Zafar -- until August 31 against surety bonds of Rs 50,000 each, Dawn newspaper reported.
China on Thursday said it was in "close" contact with India over its efforts to put Masood Azhar on the United Nations list of proscribed terrorists, as it expressed willingness to step up bilateral counter-terrorism cooperation in response to President Pranab Mukherjee's call.
The government has mopped up Rs 1,26,034 crore (Rs billion) till last week taking the gross market borrowing to over 88 per cent of the budgeted Rs 1,42,867 crore (Rs 1,428.67 billion) for the entire fiscal.
The market believes there will soon be another offer to buy the bonds.
'Investors should restrict themselves to a few category schemes with high quality portfolios apart from overnight and liquid funds.'
A source in the Imran Khan government told PTI that the Punjab police are waiting a go-ahead from the "top" to lay hand on Saeed.
Shah said the BJP-led government had only brought an amendment to the law which was enacted by thr Congress and whose provisions were later made stringent.
The Congress president questioned the government over unfulfilled promises and questioned the Rafale deal.
Trump is accompanied by First Lady Melania, daughter Ivanka, son-in-law Jared Kushner and the top brass of his administration.
In first half of year, firms raise more than banks on low US treasury rates.
While the Trump administration wants India to lower the trade barriers and embrace "fair and reciprocal" trade, India has raised tariffs on 28 items exported from the US in retaliation to America's withdrawal of preferential access for Indian products.
The US president puts Pyongyang back on list of state sponsors of terrorism for first time since 2008.
The passing of the GST bill and the failure of India to acquire NSG membership is set to rule the agenda in Parliament.
Supporters of Yadav created ruckus in the hospital premises protesting the decision.
The board rejected the government's plea to extend his detention for another 3 months.
Following are the names of some high-profile people who have been put behind the bars
The idea of the payment banks is to provide access to banking for people, especially in rural areas.
A well-run non-banking company has better margins than a bank, but the objective of setting up Ujjivan was to provide comprehensive financial inclusion, Ujjivan Small Finance Bank MD & CEO Samit Ghosh tells Anup Roy in an interview.
Rediff.com rewinds the clock as it struck Noon to unravel how things went awfully wrong in Parliament on Thursday
India may seek US' help for extradition of Dawood Ibrahim, the mastermind of 1993 Mumbai blasts, as they vowed to make "joint and concerted efforts" to dismantle safe havens for terror and criminal networks like Lashkar-e-Tayiba, Jaish-e-Mohammed, D-company, Al-Qaeda and Haqqani network.
'Macro headwinds are rising for Indian equities in the form of rising commodity prices, especially oil, depreciating rupee, fiscal challenges, election-related uncertainty and upside risks to inflation'
The RBI had in the past expressed its concerns about allowing foreign investors in short-term paper, because it attracted hot money.
Technical fault was the reason behind it.
The new norms provide an operational framework for FPIs, a new class of overseas investors that club all existing class of investors like foreign institutional investors and Qualified Foreign Investors.
The Russians had appealed their exclusion from the Games by the International Olympic Committee (IOC) over the doping scandal from the 2014 Sochi Games.
A healthy track record and 17 years of experience in financial services would be the key strengths of Edelweiss Financial Services in setting up a bank, says chairman and chief executive officer Rashesh Shah, in an interview with Business Standard.
Summers dogged by controversies over past views
Although this may not be music to Raghuram Rajan and Viral Acharya's ears, the real reason in my estimation for their quitting is expatriate over-sensitivity, intolerance or arrogance, argues B S Raghavan, the distinguished civil servant.
Continued outflows amid moderation of domestic investments are a concern
The federal government uses a fiscal year that begins in October; on that basis, the 2014 fiscal year ended in September saw a deficit of $483 billion, the lowest of Barack Obama's presidency
Unless RBI temporarily relaxes the norms on recognising of bad loans, the pressure on this front could rise in the December quarter.
