FPI permitted to funding in Sovereign Inexperienced Bonds in IFSC

Forward of beginning proposed buying and selling of Sovereign Inexperienced Bonds (SGrB) at Worldwide Monetary Providers Centre (IFSC), International Portfolio Traders (FPIs) have been permitted to purchase and promote such bonds within the mentioned centre. “Individuals resident outdoors India that preserve a securities account with a depository in IFSC in India might buy or promote … Read more

States & UTs step on the fuel to boost funds

States & Union Territories (UTs) appear to be in a tearing hurry to boost monies earlier than the shut of FY24. This additionally comes within the backdrop of expectations that the Election Fee will announce common election dates shortly. Seventeen States & UTs are anticipated to cumulatively mop up ₹50,206 crore at an public sale … Read more