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The stanches of bonds were available for purchase for 10 days in the months of January, April, July, and October with an additional time-frame of 30 days in the year of general elections for Lok Sabha. [6] [7] [19] Electoral bonds featured anonymity since they bore no identification of the donor and the political party to which they were issued ...
The Indian conglomerate's billionaire chairman, Gautam Adani, and seven other people were last week charged by U.S. authorities with agreeing to pay around $265 million in bribes to Indian ...
It has resulted in privatisation and sale of a central government establishment to the private players. This would have been the first year in which the government was on track to hit the divestment target. [9] However, this did not go through as planned since the Covid-19 crisis threw the entire world economy into disarray. [10]
The bond’s issuer, usually a corporation or government, pays interest to the owner. When the bond matures at the end of the period, the issuer repays the face value of the bond, called the par ...
The foreign exchange reserves of India are holdings of cash, bank deposits, bonds, and other financial assets denominated in currencies other than India's national currency, the Indian rupee. The foreign-exchange reserves are managed by the Reserve Bank of India (RBI) for the Indian government , and the main component is foreign currency assets.
Here's why it's time for the software sector to shine, according to Bank of America. In commodities, bonds, and crypto: West Texas Intermediate crude oil rose 3.95% to $80.56 a barrel.
Ujjwal DISCOM Assurance Yojana (UDAY) is the financial turnaround and revival package for electricity distribution companies of India (DISCOMs) initiated by the Government of India with the intent to find a permanent solution to the financial mess that the power distribution is in. [1] It allows state governments, which own the DISCOMs, to take over 75 percent of their debt as of September 30 ...
"The more that rates are cut, bond prices will go up higher but bond yields will go down lower," said Aggarwal. Bonds also offer investors a relatively safe option in the event of a possible ...