India’s now among top 10 buyers of US treasuries
At the end of October, the count was at a new record high of $222.4 billion, showed latest data.
Why are investors gung ho on Bitcoin, Tesla? Raghuram Rajan has a theory
Raghuram Rajan says Tesla is another case where investors have price...
Money market swings dilute the promise of an easy policy
Furthermore, the RBI move to take excess funds from banks at a peak yield of 3.55 pe...
Widening trade deficit to dampen rupee's prospects against dollar: Analysts
New IPOs and hopes of healthy Q3 earning results will retain FIIs' interest in equities.
Gold rate continues to fall as India deploys vaccines
Gold prices rose on Thursday ahead of US President-elect Joe Biden's coronavirus stimulus proposal. Spot gold rose 0.3 per cent to $1,848.07 per ounce by 0054 GMT, while US gold futures eased 0.4 per cent to $1,847.70.
‘No room for RBI to cut rates despite sharp fall in inflation’
Inflation measured by the Consumer Price Index (CPI) eased to 4.59% in December, more than what the market expected, compared with 6.93% in November. Core inflation, which does not factor in food and oil prices softened to 5.2% against 5.4% earlier.
Sebi opposes CCI move to probe rating agencies
The Securities and Exchange Board of India (Sebi) has asked the Competition Commission of India (CCI) not to entertain a complaint by ratings agency Brickworks, which moved the CCI alleging predatory pricing by its peers.
Overnight borrowing rates shoot up after RBI announcement
The central bank's plan to suck out Rs. 2 lakh crore in a term repo auction triggered a jump in shorter duration rates including the tri-party repo rates (TREP), sovereign treasury bills, and inter-bank call money rate.
Acuité launches India’s first ESG rating company
The product is christened as ESG Risk AI, which will assess a company’s ESG performance and assign a rating, the company said in a release.
No broadbased reduction in rates due to RBI liquidity measure
Interest rates have come down sharply following RBI's rate cuts to deal with the economic uncertainties due to the Covid 19 pandemic and the RBI's move is seen by market participants as the first step towards restoring normalcy.
RBI to conduct variable reverse repo auction for Rs 2 lakh cr
It would conduct an auction on Jan. 15 to take from banks the excess cash that has pushed the overnight rates way below the reverse repo rate, which banks get for parking excess cash with the banker of last resort.
Unfair business practices plaint against 4 rating companies dismissed
The Competition Commission of India (CCI) on Tuesday dismissed a complaint alleging that CRISIL, India Ratings and Research, CARE Ratings and ICRA indulged in unfair business practices. The ruling came on a complaint filed by Brickwork Ratings India.
India Ratings affirms Can Fin Homes rating at ‘IND AA’; outlook stable
The rating agency has affirmed IND AA/Stable rating to the housing finance company’s non-convertible debentures (NCDs) worth Rs 4,120 crore and subordinate debt of Rs 300 crore
India Ratings assigns Melmont Construction’s proposed Rs 165-cr NCDs ‘IND BBB’ rating
The company is proposing to raise Rs 165 crore through NCDs, which will also be backed by the Puravankara Group. At the end of 2019-20, Melmont had Rs 130.2 crore of debt outstanding, which was held entirely by the parent, the ratings agency said.
Fitch assigns BBB rating to Adani International Container
“The final rating is contingent upon the receipt by Fitch of final documents conforming to information already received as well as the final pricing and financial close on the proposed notes,” a statement said.