The issue price for the next tranche of Sovereign Gold Bond Scheme (SGB) 2021-22, which will open for subscription for five days from Monday, has been fixed at ₹5,197 per gram of gold, the Reserve Bank of India (RBI) said on Friday.
Bitcoin bulls beware: Wall Street expects the cryptocurrency’s crash to get a whole lot worse.
Rupee bond traders will watch if a 320b rupee bond sale on Friday will dampen a rally in the nation’s …
The Indian rupee advances for a second day as traders cite inflows ahead of the mega share sale of Life Insurance Corp. of India, likely by mid-March. Bonds are lower with traders waiting to see if the government cancels the last auction of the fiscal year
Indian Bonds Are Poised For The Worst Weekly Decline Since December 2019.
- Yield on benchmark 10-year government bonds climbed 5bps to 6.94% Friday and is up 19bps this week.
- This is the biggest weekly jump since December 2019 and come after the government unveiled record borrowing plan for the next year.
Manyavar clothing brand’s parent Vedant Fashions IPO opens for subscription today, fora Rs 3,149-crore publicissue comprising entirely an offerfor sale of shares by promoters & existing shareholders.
Like every year, the Union Finance Minister has a tough task at hand to balance public expectations and deliver a budget that would put India back on a growth track, especially after the long disruption caused by the ongoing Covid-19 pandemic which has impacted the entire nation in more ways than one.