by pallanus | May 17, 2020 | Business News
In a major relief to the state governments, Finance Minister Nirmala Sitharaman on Sunday announced an increase in the borrowing limit of the states from 3 per cent to 5 per cent for the financial year 2020-21 only. Finance Minister Nirmala Sitharaman (Photo: PIB) In...
by pallanus | May 11, 2020 | Business News
India’s benchmark 10-year bond yield surged on Monday following the government’s decision to sharply increase market borrowing amid a major hit to the economy and public finances from the coronavirus pandemic. The government plans to borrow 12 trillion...
by pallanus | Mar 31, 2020 | Business News
Indian bonds rallied on Tuesday after the central bank announced a new category for foreign investors, while hopes of a reduction in April’s borrowing or cancellation ahead of the first-half borrowing plan aided sentiment. The Reserve Bank of India (RBI) said on...
