Govt & RBI have held talks with JPMorgan emerging markets bond index , but index managers need approval from investor committees. Announcement expected to take at least 2 quarters.
Bond yields globally are declining and bonds in India are less enthused given the lack of clarity on the govt’s spending plans and its foreign debt debut.
A news report claims the PMO is opposed to selling debt in foreign currencies, a day after a top finance ministry official overseeing the sale was transferred.
Finance Minister Nirmala Sitharaman announced the offshore bond sale plan in the annual budget, at a time when options to raise funds to boost infrastructure spending are shrinking.
The Gen Z movement was a serious wave that RSP and Balen together managed to capture—the first milestone reflecting the relevance of issues-based politics.
As Iran war enters 11th day, government prioritises household gas supply, boosts LPG output and invokes Essential Commodities Act amid concerns over potential shortages.
SMPP Limited gets order for additional 10,000 bulletproof jackets for BSF, CISF & SSB. This is over & above the existing order for 40,000 jackets, taking the total to 50,000.
Trump has ushered in the age of humiliation. His method is to push around America’s friends rudely and publicly. He knows none of them can afford to fight back.
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