Indias market regulator is considering initiatives aimed at enhancing the corporate bond market, which is crucial for providing long-term financing options for businesses. One of the potential reforms includes the relaxation of disclosure requirements specifically for firms that exclusively issue
Silver prices in India have seen a significant uptrend, leading to an increase in the circulation of impure silver bars and coins. This trend has raised concerns among industry stakeholders, prompting calls for the implementation of mandatory hallmarking and licensing
Union Bank of India has announced an ambitious capital raising initiative, targeting an influx of up to Rs 8,000 crore. This plan includes the issuance of debt instruments, particularly Basel III-compliant bonds, amounting to Rs 5,000 crore. The Basel III
On Tuesday, Wall Street experienced a notable increase, driven by encouraging developments in talks regarding the ongoing conflict in Iran and strong performance in technology stocks. Easing bond yields contributed to this upward momentum, bringing major indices closer to record
The Indian government is set to raise around Rs 5,000 crore by divesting up to a 2% stake in Coal India through an Offer for Sale (OFS). The floor price for the sale has been established at Rs 412 per
Bank deposit rates are expected to rise following a significant increase in certificate of deposit (CD) rates observed in May. The one-year CD rates surged to 7.70%, driven by tighter liquidity conditions and heightened demand for funds in the financial
CNG prices in Delhi and several cities across Uttar Pradesh, Haryana, and Rajasthan have risen by a total of ₹6 per kilogram since the initial increase on May 15. This price adjustment comes as part of a broader trend of
CNG (Compressed Natural Gas) prices have risen by a cumulative ₹6 per kilogram in Delhi and various cities across Uttar Pradesh, Haryana, and Rajasthan since the initial price hike on May 15. This increase reflects ongoing fluctuations in energy costs
The Andhra Pradesh government has announced an increase in the basic pay for outsourcing staff at the Lepakshi showroom by more than 10%. This decision comes in response to a significant rise in sales, which reached ₹60.75 crore in the
In the Union Budget for 2024-25, Finance Minister Nirmala Sitharaman announced several initiatives aimed at promoting development in Bihar. These initiatives are part of a broader strategy known as Purvodaya, which focuses on enhancing infrastructure, economic growth, and social welfare
