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The regulator also said that it would take opinion of the market players on the issue. The regulator is also mulling over banning an issue of warrants to promoters who have defaulted on their commitments to exercise their right to convert them. Sebi took...
Tags: Jai Corp Ltd, life insurers, Sebi, trillion rupees, premium income
India ramped up its borrowing plan by nearly a quarter for the fiscal first half to September to bridge its growing budget deficit, but bond yields eased as the additional borrowing was below expectations. After a meeting with finance ministry officials,...
Tags: Reserve Bank of India, lakh crore, Shyamala Gopinath, reserve banking, market operations, Finance Ministry, open market, billion rupees, trillion rupees, market borrowers
India is unlikely to meet the direct tax receipts target of 3.45 trillion rupees ($ 68.02 billion) for financial year 2008/09 ending March 31, as the tax receipts stood at 3.28 trillion rupees on March 30, a finance ministry official said. "Although the...
Tags: India, trillion rupees