Value of state debt jumps to 2-month excessive of 6.91 computer

Value of state debt jumps to 2-month excessive of 6.91 computer

[ad_1] Forward of the fourth financial coverage overview on Friday when the market fears RBI might start to normalise the straightforward cash coverage by sucking out liquidity from the system, the price of borrowing for the states jumped by 6 foundation factors (bps) to a two-month excessive of 6.91 per cent. As many as 17 … Read more

RBI releases H2 govt borrowing plan, dispels concern of further debt

RBI releases H2 govt borrowing plan, dispels concern of further debt

[ad_1] The Centre will borrow one other Rs 5.03 lakh crore within the second half of the monetary 12 months, assuaging bond market considerations of enormous further sovereign debt elevating. The Reserve Bank of India Monday launched the plan for government borrowing between October and March. Within the first half, it had deliberate to borrow … Read more

Rural demand anticipated to get Rs 10,700-cr enhance from bumper crops: Report

Rural demand anticipated to get Rs 10,700-cr enhance from bumper crops: Report

[ad_1] Rural demand is anticipated to get round Rs 11,000-crore enhance from the file kharif harvest together with the marginal hike in minimal help worth, in accordance with a report by Care Ratings. The agriculture ministry initiatives crop within the first advance estimates for the kharif season at over 150 million tonnes. Together with that, … Read more