Govt has not had to recapitalise PSBs since FY22. These banks, now highly profitable, are now increasingly meeting their capital requirements from their own resources.
A robust investing platform and demat account provide you better control over your investment portfolio. However, It's important to consider hidden expenses and feature restrictions.
Tax analysts and mutual fund industry participants say this will hamper growth of bond market, and potentially curtail avenues for fund-raising by companies.
The government will incentivise civic bodies to improve their finances & set up an Urban Infrastructure Development Fund to create urban infrastructure in tier-II & tier-III cities.
The bonds will likely be included in the JP Morgan emerging market global index early next year as the centre needs to address various operational issues, sources said.
The debut sale may take place in the first half of the financial year that starts on 1 April, and a decision to sell more green debt will depend on the response to the initial issuance.
Rupee is down to a record low, dragging stocks and bonds. And with few signs the commodity boom will end soon, investors are bracing for more possible losses.
Chinese bonds have been gaining since October as PBOC pivots toward easing, even as Treasuries lead a global rout with other major central banks normalising policies.
The proposed amendment to the Insolvency and Bankruptcy Code aims to reduce timelines and provide for a mechanism that involves minimal interaction with the court. It fails on both counts.
Open to public feedback until 26 November, the revised guidelines, among other changes, give CA firms more flexibility to advertise & promote their services.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
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