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Top 10 business headlines: India's coronavirus plan, manufacturing numbers

From Centre considering to issue G-secs with no limit for FPIs to more allotment for pensions that salaries in defence budget, here are top business headlines of the day

Centre looks to issue G-secs without foreign limits in first half of FY21
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BS Web Team New Delhi
Centre looks to issue G-secs without foreign limits in first half of FY21

The Centre is looking to issue in the first half of 2020-21 a special series of government securities (G-secs) that will not have any limit for foreign portfolio investors (FPIs). Global bond indices may include Indian G-secs after such issuances, which will bring in more foreign capital. “We should be able to do it reasonably fast, possibly within the first half of the coming fiscal year,” Principal Economic Advisor Sanjeev Sanyal told Business Standard. Read More

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