Business Standard

News digest: RBI removes FPI time bar, Modi-Xi meet, job data and more

Venezuela has offered India a 30 per cent discount on crude oil purchases. The discount, however, will be applicable only if India uses the country's new blockchain technology-based currency Petro


BS Web Team
RBI removes minimum maturity cap for FPI investment in bond market

The Reserve Bank of India (RBI), in an attempt to keep foreign investors invested in the local bond market, late on Friday said they could invest in any maturity they wished for instead of the restrictive clause earlier that the investment must be in paper that had at least three years left to mature. Read More...

Govt starts monthly job data, may junk labour bureau's quarterly survey

The Union government has begun the process to do away with the only official enterprise-based quarterly jobs survey and has started

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Apr 29 2018 | 1:06 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers.

Register to