Infrastructure bond issuances by commercial banks in the current financial year (FY25) are likely to surpass Rs 1 trillion, almost double that of FY24, market participants said. So far this financial year, banks have raised Rs 74,256 crore via infra bonds. In FY24, the total issuances stood at around Rs 51,081 crore.
Corporate bond issuances fell by around 22 per cent in August, despite easing yields as issuers delayed raising funds awaiting the US Federal Reserve to start cutting interest rates from this month. Corporates and financial institutions expect yields to fall further and borrowing costs to become cheaper, said market participants. The US Fed is widely expected to cut interest rates by 25 bps in the 17-18 September meeting, marking the start of a downward interest rate cycle.
In his message, he conveyed best wishes to the nation, emphasising the festival's significance in strengthening the bond between siblings.
Reserve Bank Governor Sanjay Malhotra on Wednesday exhorted the fledgling fintech ecosystem to focus on the underserved sections of the society to deepen financial inclusion. Speaking at the annual Global Fintech Fest in Mumbai, Malhotra accepted that serving the "privileged" will be a lucrative business, but urged the smaller companies to focus on the underserved.
Deepika Kumari is not contemplating retirement just yet and is instead focusing on building mental strength to handle high-pressure situations, with an eye on a final hurrah at the Los Angeles Games.
Tamil Nadu Chief Minister M.K. Stalin has condemned the alliance between the AIADMK and BJP, calling it a move driven by "hunger for power" and against the ideals of protecting state rights. He accused the alliance of being formed based on corruption and said it is doomed to fail. Stalin also criticized Union Home Minister Amit Shah for failing to address key issues like NEET and Hindi imposition, claiming that the BJP's agenda is to eradicate Tamil language and undermine Tamil Nadu's rights.
Australia's batting maestro Steve Smith provided an update on the injury he sustained on his finger during their World Test Championship final defeat against South Africa at Lord's.
Ask rediffGURU Reetika Sharma your insurance, mutual fund and personal finance-related questions.
You need to first answer an important question -- what matters most for your long-term happiness? Your parents' wishes or staying with a partner you love, advises rediffGURU Kanchan Rai, founder of the Let Us Talk Foundation.
A lot of entertaining content is coming your way on OTT this week! Namrata Thakker lists your entertainment, coming up, so you can binge-watch movies and shows high on romance, drama and humour.
'It has also outlived its initial purpose of reducing physical gold imports.'
Balanced advantage funds (BAFs), which adjust between stocks and bonds depending on market conditions, have increased their equity holdings over the past year, with most schemes now predominantly invested in equities.
Indian skipper Rohit Sharma bonded and practiced with youngsters Ayush Mhatre and Indian Test batter Sarfaraz Khan on Tuesday.
'He was a true actor, not in this for fame or money, but just for the sake of being in front of the camera.'
'Their friendship is still very strong. Sachin calls and checks on him.'
The government does not seem keen on issuing fresh gold bonds given the overall cost and rising gold prices.
Siraj, known as a workhorse due to his dedication, intensity, and ability to perform under pressure, has revealed how his approach towards the game changed after he started playing alongside Kohli.
Her research legacy laid the foundation for modern primatology: in Gombe Stream National Park, she discovered that chimpanzees can form lasting social bonds and use basic tools. Goodall also found that, like humans, primates experience emotions such as joy, fear, empathy, and grief.
This is the longest winning streak for gold in the last three decades.
The Supreme Court has cancelled the bail granted to gangster Chhota Rajan in the 2001 murder case of hotelier Jaya Shetty in Mumbai, citing his history of absconding and convictions.
Calling the Gaza ceasefire 'the historic dawn of a new Middle East', United States President Donald Trump on Monday said the forces of 'chaos, terror, and ruin' have been defeated, and the 'long and painful nightmare' is finally over not only for Israelis but also for Palestinians.
'I'm so grateful Kathal is getting the recognition it deserves.'
According to police, a first information report (FIR) was registered under Sections 384 (punishment for extortion) and 120B (criminal conspiracy) read with 34 (acts done by several persons in furtherance of common intention) against Union minister Nirmala Sitharaman, Enforcement Directorate officials, office-bearers of the Bharatiya Janata Party at state and national level, based on the order of a special court.
Devotees thronged the streets with chants, bhajans, and devotional fervour, marking the occasion with spiritual enthusiasm and reconnecting with their cultural roots.
Shubman Gill said he could not have asked for a better all-round performance from his team after they hammered the West Indies by an innings and 140 runs in the first Test.
Taking to 'X", Sachin said he remained grateful to his "three guiding hands," who shaped him to the person he is today and acknowledged the profound impact made in his life by his father Ramesh Tendulkar, first coach Ramakant Vitthal Achrekar, and elder brother Ajit.
Prime Minister Narendra Modi has praised US President Donald Trump in a podcast, describing him as a "man of courage" and saying they share a "mutual trust" based on their "America First" and "India First" philosophies. Modi recalled Trump's resilience after being shot at during the US election campaign and his willingness to engage with the public at a community event in Houston. He also highlighted the shared nationalistic approach they both embrace.
'She is a nice girl, simple, patient and affectionate. Because she is so empathetic, because she has the ability to feel for people, I am sure she will be able to solve the problems ordinary citizens face in this country.'
He may not be on the field forever, but MS Dhoni's heart will always beat in yellow
I didn't like the way Pakistan players coming at us for no reason: Abhishek on aggressive batting
Grandmaster R Vaishali was so crestfallen following seven straight losses in the Chennai Grandmasters that she had made up her mind to pull out of the Grand Swiss tournament, but family support steered her to the event where she won the title to qualify for the Candidates next year.
Sushila Karki pursued her post-graduation from the Banaras Hindu University in Uttar Pradesh's Varanasi.
A fundraiser launched to support Nagamallaiah's wife, Nisha, and 18-year-old son, Gaurav - who witnessed the attack - has raised nearly $200,000, at last reckoning, to help cover funeral expenses and Gaurav's college education.
On Friday, Jitesh Sharma and Krunal Pandya joined their teammates in paying tribute to the fans who never made it home.
Saudi Arabia and Pakistan have signed a 'Strategic Mutual Defence Agreement', pledging that any aggression against either nation would be treated as an attack on both.
MI6 launches a dark web portal, 'Silent Courier,' to recruit spies globally, targeting Russia and other regions. The initiative aims to enhance UK's intelligence capabilities against growing threats.
Aditi Kumar, a fashion stylist from Dubai, has this to say about her bestie, Shristi Sahoo.
Jitendra Singh stood with the Pandya brothers through it all. When they couldn't afford kits, he found a way. When others doubted their potential, he pushed them harder. When life knocked them down, he picked them back up.
Adani Green Energy Ltd, the renewable energy arm of billionaire Gautam Adani's conglomerate, on Thursday scrapped a Rs 600 million bond issue after its promoter was charged in an alleged bribery case in the US. Hours before the US prosecutors charged Gautam Adani and associates with participating in a scheme to pay over Rs 250 million bribe to Indian officials in exchange for favourable terms for solar power contracts, the firm sold a 20-year green bond in the US-investment-grade market.
'For us, it's not always about chasing revenue. It's about sustaining happiness and energy, because that's what drives long-term growth.'