RBI will auction Rs 1,000 crore worth of these bonds next Tuesday.
Traders said exporters were also largely missing from the market for much of the day as most of them possibly sold late last week after the central bank executive director's comments.
The distance between North Block and Mint Road has been growing for quite some time. The latest evidence of tension is the finance ministry's decision to introduce a clause in the Banking Amendment Bill allowing banks to trade in commodity futures, despite the central bank's reservations on the issue.
Renault India is planning to ship 1,000-3,000 cars of the newly launched compact SUV Duster to the United Kingdom.
According to the latest data released by the Securities and Exchange Board of India (Sebi), the cumulative value of P-Note investments in Indian markets (equity, debt and derivatives) was at Rs 1,47,905 crore (Rs 1,479.05 billion) at the end of March, 2013.
In Jan the country raised the import tax on the yellow metal by 2 percentage points.
She was also ordered to pay $1.5 million in forfeiture.
Billionaire money manager George Soros reported a nearly 2 percent stake in Manchester United Plc on Monday, in one of the first revelations of investors in the British soccer club's controversial initial public offering earlier this month.
Instead of hiking duties, he plans to introduce inflation-indexed instruments to help curb a record current account deficit.
Investments through the instrument rose to a six-month high of $27 billion in September.
Gupta was convicted of passing confidential information.
While far from being a currency war, India does not have much of an option but to depreciate to accommodate its exports at a time when China shows its intent to let its currency depreciate.
Jailed hedge-fund founder Raj Rajaratnam has agreed to pay $1.45 million to settle a civil lawsuit filed by US regulator SEC against him and India-born former Goldman Sachs director Rajat Gupta for their roles in one of the largest insider-trading schemes in US history.
Anonymous users set up accounts with names that sound like prominent market players, issue negative commentary, and spark massive declines.
Mathew Martoma is charged with using non-public informationm, that he received from a doctor on the clinical trial of an Alzheimer's disease drug, to make profits.
Frantic dollar demand from corporates along with an aggressive hedging strategy adopted by importers in the wake of the currency volatility predominately took a toll on the domestic unit despite moves by the central bank to stabilise the currency.
The Standard Chartered Bank has struck an on-shore foreign currency option transaction with Reliance Industries Ltd for $30 million, allowing RIL to hedge its dollar exposure.
US District Judge Jed Rakoff had set as October 18 the date for sentencing Gupta after the ex-McKinsey head was found guilty by a jury here of passing confidential company information to Rajaratnam.
HDFC Chairman said a rock-bottom level of investment cycle in the country has indeed taken a toll on banking sector.
Attorney David Frankel questioned Joseph Yanagisawa, an employee in Goldman Sachs's technology unit, about phone calls between the global banking giant's head of Asia Equity Sales David Loeb and Rajaratnam.
As part of developing the derivative market in India, Reserve Bank of India has permitted the foreign currency-rupee options with effect from July seven, 2003.
The 15-page judgment is amazingly lucid, elegant and balanced.
"I am happy that justice has prevailed. I hope the government will be alive to having an institution like Lokayukta", he told reporters, recalling the trapping of Sampangi by Loakyukta sleuths when he was the Lokayukta.
According to the email, Kumar said, "When with Mukesh on portfolio question. . . 2 things to explore: A) Raj wants to know if they will get into the solar biz aggressively and when (there are implications for supplier companies etc)."
The minimum size of each bid would be $10 million and in multiples of $1 million thereafter.
No one knows what Rajat Gupta gained from leaking insider information to Raj Rajaratnam. The irony is that he did not make any money.
A criminal case was filed against Gupta by the United States Attorney's Office on October 26, 2011 for insider trading.
A look at the top tweets from your favourite Bollywood celebrities.
With corporate non-performing assets on the rise, banks want to hedge loans to individual borrowers.
The decline could be attributed to several measures taken by the market watchdog to stop the misuse of the controversy-ridden participatory notes.
A senior TRS leader had said his party expects the Congress to not cross the 100-seats mark.
Firms that should borrow abroad do not do so enough, and those that should not borrow abroad do.
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.
Rajat Gupta, one of the most successful Indian Americans on the Wall Street, was on Friday found guilty of passing confidential market information to Galleon hedge fund founder Raj Rajaratnam, in one of America's biggest insider trading cases.
Amendment Bill may be tabled in Monsoon session despite RBI's reservations.
Sahoo panel suggests India must ease global borrwoging norms for corporate houses.
On the fourth day of the trial on Thursday, the jury was shown details of phone conversations from September 2008 in which Rajaratnam brags about getting information on Goldman.
Early this week, Sebi notified AIF regulations for private equity, hedge funds, venture capital funds and real estate funds, among others.
With the tax-filing season upon us here's a quick recap of what salaried employees can do to minimise their tax liability and increase take-home salary.
