If oil prices continue to climb and the gold consumption keeps rising as investors see it as a protection against rising prices.
FM’s upwardly revised target for fiscal deficit, at 5.3% of GDP, may remain elusive, making his objective of bringing down interest costs difficult.
ICICI Bank, the country's second-largest bank, has raised 500 million in Chinese yuan (Rs 440 crore) in the so-called Dim Sum bonds market in Hong Kong.
ICICI is the only private sector bank to access the CNH market twice this year.
Corporate India is holding back most of its bond offerings as it waits for the RBI to cut interest rate. Bond issuances have halved since July.
Investors may not lap them up since the return from these bonds are less than what other asset classes yield, say analysts.
Eligible infrastructure companies will be able to offer about 7.5-8 percent on tax free bonds,following the approval of pricing by Central Board of Direct Taxes.
Corporates may be allowed to raise funds through multiple issuance of the same bond.At present, only the sovereign is allowed to re-issue securities.
The possibility of S&P's downgrading India's investment grade status will also weigh on foreign institutional investors' response.
L&T has set up a shipyard-cum-port at Kattupalli at a cost of 4,700 crore, which has been financed through 80% debt and 20% equity.
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