India’s Chief Economic Advisor V Anantha Nageswaran highlighted ongoing balance of payments pressures amid increased foreign capital inflows. The Reserve Bank of India’s special forex swap window has facilitated significant foreign currency inflows. However, these inflows are seen as a temporary measure rather than a permanent solution to external pressures. Factors like rising imports and…
Reliance Industries Limited is planning to raise ₹10,000 crore next week through a ten-year maturity bond. Other firms, including Adani Airport Holdings, will raise significant funds as well this Friday. The increasing number of companies tapping debt indicates the surplus liquidity in the banking system. This trend is occurring ahead of the Reserve Bank of…
The board of Sebi has sanctioned new regulations aimed at portfolio managers, paving the way for innovative investment avenues. These guidelines enable investments in mutual funds, international securities, and diverse commodity derivatives. Portfolio managers now have the flexibility to direct client funds towards mutual fund direct plans and initial public offerings.