Dealers say foreign investors are now taking keen interest in lower-rated corporate bonds, too Foreign portfolio investors (FPIs) are returning to the bond market after battling negative sentiment in recent months. In February, till last Thursday, they’d bought Rs 5,118 crore in Indian debt paper. This is the first month since September 2016 that they’ve been net buyers on Indian bonds. Surprising, as in early February, the Reserve Bank (RBI) kept policy rates unchanged but changed ... Rediff.com, 3 weeks ago
Upset over recent decisions of the GST Council chaired by finance minister Arun Jaitley, associations representing about 70,000 central excise, customs and service tax collectors have warned of a non-cooperation movement. The indirect tax officers are up in ...The Financial Chronicle, 2 months ago
The Aam Aadmi Party on Friday released a populist manifesto for Punjab, promising laptop for all government school students, waiver on residential property tax, setting up of an NRI board, 33 per cent reservation for woman in government jobs and giving the state a Dalit deputy chief minister if it comes to power. The manifesto, on the lines of the party’s promise in Delhi in 2015, also says the AAP government will set up Aam Aadmi canteens at sub-division and district levels where ...Rediff.com, 2 months ago
The idea is to create a start-up-like activity with a small business unit. Tata Steel is inculcating the spirit of ‘start-up’ with project Innovent, a programme aimed at developing business concepts that can be taken up for scale-up. The idea is to create a start-up-like activity with a small business unit. The funding is in tens of crores in the initial period but would blossom into a bigger business, Tata Steel’s vice-president (sales & marketing) Peeyush Gupta ...Rediff.com, 2 months ago
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