New Delhi: State-owned Power Grid Corporation's board on Wednesday approved a proposal to increase the borrowing limit for 2024-25 from Rs 12,000 crore to Rs 15,000 crore through various instruments.The board has also fixed the borrowing limit for 2025-26 at Rs 16,000 crore.The Board of...
New Delhi: The Aam Aadmi Party (AAP) on Wednesday questioned the Center as to when it will investigate crores of rupees given to the BJP through electoral bonds by the companies of accused who have turned government witnesses in the excise policy case.No immediate response could be received...
Mumbai, SBI on Wednesday announced raising Rs 10,000 crore by issuing infrastructure bonds.The proceeds from the bonds will be used to raise long-term resources to finance infrastructure and affordable housing segment, SBI said in a statement.The fresh funding follows a similar development...
New Delhi: A petition has been filed in the Supreme Court seeking an order for confiscation of money received by political parties under the 2018 electoral bond scheme that was struck down by the apex court in February.The plea filed by petitioner Khem Singh Bhati said that on February 15, in...
JPMorgan will include Indian government bonds in its Government Bond Index-Emerging Markets (GBI-EM) from June 28. This is the first time that Government of India bonds will be included in this index.Inclusion of government securities in global bond indices will have a positive impact on the...
New Delhi and India government bonds or securities (G-secs) would be included in JP Morgan's emerging markets bond index from Friday, a move that will reduce the cost of borrowing for the government.IGB's inclusion will be staggered over a 10-month period from June 28, 2024 to March 31, 2025...
New Delhi [India], Indian government bonds will be included in the JP Morgan Government Bond Index, Emerging Markets (GBI-EM) starting June 28. Listing will take place over a period of 10 months starting June 28, 2024 until March 31, 2025.India will have a 1 per cent weighting in JPMorgan's...
HSBC analysts said in a note that the inclusion would affect the weightings of Thailand, Poland and Czech in the global bond index.According to the note, Thailand, Poland and Czech are the three emerging markets that are likely to see cuts in their respective weightings in the global bond...
Their work unraveled the electronic mechanisms that govern the chemical bonds of a new class of materials called metavalently bonded nascent metals (MVBs) within a single 2D layer of Group IV "chalcogenides" that can drive energy harvesting and generation.Chalcogenides can make a reversible...
Earlier, on August 20, 2014, Indian bonds had attracted foreign fund inflows of $2.7 billion following India's credit rating upgrade.About $200 billion of assets are tracked in the JPMorgan Emerging Markets Index and it is estimated that by March 2025, India's weightage in this index will...
In a stock exchange filing, India's largest public sector bank said: "...we submit that the Central Board in its meeting held today has, inter alia, approved raising long-term bonds up to an amount of Rs 20,000 crore. Has been approved." A public issue or private placement" during FY25.SBI...
The market saw foreign inflows into India's debt market ahead of the bonds' inclusion in major global indices at the end of the month.According to JPMorgan's announcement, Indian bonds will be included in emerging global indices from June 28.According to the information given by the Clearing...
New Delhi [India], Congress leader Rahul Gandhi on Monday greeted the countrymen on the occasion of 'Eid-al-Adha'.In a post on Twitter, Rahul Gandhi said, "Eid Mubarak! May this special day bring prosperity, happiness and harmony to all."Congress President Mallikarjun Kharge also extended...
"Congratulations on Eid-ul-Adha! May this special occasion further strengthen the bonds of harmony and solidarity in our society. May everyone be happy and healthy," the Prime Minister said in a post on Twitter.PM Modi also wished Maldives President Mohammed Muizzu even as relations between...
New Delhi, State Bank of India (SBI) on Friday said it has completed the issuance of USD 100 million (about Rs 830 crore) bonds to finance business growth.The funds were raised through senior unsecured floating rate notes with a maturity of three years and coupons of secured overnight...
New Delhi: To encourage social sector spending, market regulator Sebi has suggested the government allow tax benefits to companies investing in zero coupon zero principal bonds issued by non-profit organizations listed on social stock exchanges. NeededSEBI whole-time member Kamlesh Chandra...
New Delhi, IIFL Samast Finance, a non-banking microfinance company (NBFC-MFI), plans to raise up to Rs 1,000 crore through a public issue of secured bonds with the aim of capital raising and business growth.The bond issue will open on June 3 and close on June 14, IIFL Samast Finance said in a...
New Delhi: State-owned Canara Bank on Friday said the bank's board has approved raising Rs 8,500 crore through bonds to finance business growth in 2024-25.A decision in this regard was taken in the meeting held on Friday.Canara Bank said in a regulatory filing that the bank's board has...
Mumbai: Sovereign gold bonds have attracted investors who bought bonds worth Rs 27,031 crore last fiscal, more than four times the amount invested in 2022-23 on the prospects of higher returns and tax benefits.The bonds purchased by investors during 2023-24 comprised 44.34 tonnes of gold. In...
Mandi (Himachal Pradesh) Mahila Congress president Alka Lamba said here on Monday that misuse of ED, CBI and electoral bonds will not help BJ retain power and his slogan of "crossing 400" will remain just a slogan.Addressing a press conference, he said that the Narendra Modi government is...