Topic: Corporate bonds
For every upgrade of rupee debt of Indian firms since 1 April there have been about 11 downgrades, leaving this quarter set to be worst on record if sustained.
India’s situation is contrary to global markets where junk bond sales are thriving after monetary authorities said they would buy such securities directly.
There are growing expectations that the government will do an accounting sleight of hand to keep its deficit in check.
Suyash Choudhary of IDFC says RBI will risk financial stability and seriously hurt growth if it adds to the two rate increases since June.
After ruling Gujarat for 27 years, BJP knows how to shield election outcomes from ground realities such as people’s hardships, leaderless govt and corrupt bureaucracy.
Moscow has sent India a list of over 500 products including parts for cars, aircraft and trains for delivery as sanctions squeeze Russia's ability to keep vital industries running.
Modi govt moves with Arunachal Frontier Highway, among India’s ‘toughest’ projects yet, China in mind
The 2,000 km-long highway will be of strategic importance to military. Same equipment used on other side of LAC being deployed to carry out work on tough terrain, say officials.
I'd rather not buy idea that Rahul's holding his fire until 2024. More likely, Congress believes Karnataka offers best chance of winning a Gujarat-sized state if Gujarat is too challenging.