Market Movers: What changed for D-Street while you were sleeping
Here’s breaking down the pre-market actions.
NSE launches interest rate options on 10-year G-Secs
Participation was observed from more than 50 members, the exchange said in a release.
Bharat Bond ETF to open on December 12
Markets regulator Sebi nod for the new fund offer (NFO) of Bharat Bond ETF has been obtained and it wi...
Most foreign funds not massively overweight on India: Ayon Mukhopadhyay, IIFL Securities
Reforms in the NBFC sector can increase the GDP by 1 to 2%, says Mukhopadhyay.
Andhra Bank flips position, to redeem perpetual bonds
At first, the bank had last week decided not to exercise the “call option”, an early exit route for investors.
RBI urges government to cut rates on small savings schemes
The RBI has urged the government to move forward on reducing interest rates on small savings schemes such as public provident fund (PPF) and post office deposits, to help banks pare rates on deposits and loans and lead to a better transmission of the central bank’s rate cuts.
Credit crisis is not over yet, choose debt mutual funds carefully
In the fifth bi-monthly monetary policy review meeting, the RBI had kept the repo rate unchanged, resulting in the yields spiking by 10-20 bps.
Bonds extend losses, yields hit six-week high
RBI action disappointed the market as traders anticipated a cut following New Delhi’s sluggish economic growth.
RBI fixes rate on floating bond 2031 for next 6 months
FRB 2031 was originally issued on May 07, 2018 with expiration date set at Dec 07, 2031.
Government moves further changes to Arms (Amendment) Bill
The Bill was tabled in Lok Sabha on November 29. The Bill seeks to enhance punishment for illegally possessing and making prohibited arms besides other changes in the six- decade-old Arms Act.
Andhra Bank to forgo call option on bonds
A call option is an exit route for investors.
Make sure Hindus don't get left out, particularly in West Bengal: RSS tells the government on CAB
The Sangh is most concerned about the implementation of the bill in West Bengal, where it feels that if the identification of immigrants is left to the Trinamool Congress there, it might not be carried out the way it ought to.
BJP sweeps bypolls in Karnataka, B S Yediyurappa government retains majority
The Congress managed to win only Hunasuru and Shivajinagar seats, while independent candidate Sharath Bachegowda, who was earlier expelled from the BJP for anti-party activities after he contested the bypoll as a rebel, won in Hoskote.
Don’t delay AGR dues, clear doubts by December 13, government warns telecom companies
Govt puts the total dues at Rs 1.47 lakh crore. Industry thinks it could go up to Rs 2.28 lakh crore.
Government projects come to rescue of construction equipment industry
The industry reported marginally improved sales over preceding months in September, October and November although none of these months recorded growth year-on-year.
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