India has become one of the hottest markets for deals including initial public offerings in Asia Pacific as global investors seek to tap on the South Asian nation's growth potential
The inclusion of the India in the global bond indices is also expected to increase the interest of investors in corporate paper, Sebi Chairperson Madhabi Puri Buch said here on Wednesday. Speaking at a research conference organised by Sebi and its education-focused capacity-building body NISM, Buch said the regulator will further reduce the minimum investment size of bets on real estate investments trusts and infrastructure investment trusts to ensure that common people are able to take bets on such assets. "We are all delighted that now, government of India bonds will be part of the global indices," Buch said. "We are expecting that on the back of the inclusion of the sovereign debt on the global indices, there will be a significant interest in corporate debt," she added. J P Morgan and Bloomberg have included securities issued by the Indian government to take care of its funds in their indices, which is expected to lead to inflow of up to USD 40 billion into Indian debt from fore
Dimon said economic indicators have been distorted by Covid-19 and he takes them with "a grain of salt," saying the Fed should wait for more clarity before lowering interest rates
Oyo almost doubled its profit after tax to Rs 30 cr in Q3FY24, compared to the previous quarter's Rs 16 crore
Markets see an 84% probability the Fed will lower rates in June and have priced in 90 basis points of cuts for the year
Aurangzeb was chosen over other possible candidates, including longtime Sharif ally Ishaq Dar and ex-central bank governor Shamshad Akhtar
Up to $3 bn inflows expected; they won't join Bloomberg Global Aggregate index
Chinoy also highlighted the dynamic relationship between the dollar and the rupee
The changes "are not consistent with our independent approach to proxy voting and portfolio company engagement," said State Street spokesman Randall Jensen
The sale is broken up into a $4.4 billion floating rate term loan led by JPMorgan Chase & Co. and a $600 million fixed rate term loan led by Goldman Sachs Group Inc
While inflows into G-Secs is a given, the secondary effects of these in the corporate bond market are to be watched for
'We constantly review various measures, including listing overseas subsidiaries, to increase corporate value, but nothing has been decided,' Hyundai Motor said in a regulatory filing
Against a backdrop of attacks by the Republican Party and lackluster returns, ESG funds in the US bled more than a net $5 billion in the final three months of 2023
Recent attacks on vessels in the Red Sea by Iranian-backed Houthi militants in Yemen have disrupted international commerce on the shortest shipping route between Europe and Asia
Bank said it expects full-year net interest income (NII) of $90 billion. That was higher than estimates of $86.2 billion, according to LSEG data. In the quarter, NII rose 19% to a record of $24.2 bn
FPI inflows into debt stood at Rs 18,393 crore in December, against Rs 14,106 crore in November, according to data on the National Securities Depository Limited
JPMorgan says 2024 could see markets with strong growth, robust earnings outlooks or close ties with the US economy outperform
Foreign inflows of Rs 47,105 crore into debt in CY23 at 6-year high
This was partly because of the capital requirements for some green tech firms in early stages of development, he said
Ril's oil and gas business performance for several years has been lackluster in comparison to the profits its other divisions have returned