LIC Mutual Fund is lowering maturities across debt schemes and investing in up to five-year notes, as India's rate cut-led bond market rally is largely over, chief investment officer at the asset manager said on Thursday.
State-owned Bank of India (BoI) on Thursday said it plans to raise Rs 20,000 crore during the current fiscal via bonds to fund infrastructure projects.
Morgan Stanley, Citigroup Global Markets Singapore and six other entities on Thursday bought a 1.6 per cent stake in logistics solution provider Delhivery for Rs 461 crore through open market transactions.
China has quietly stopped clearing speciality fertiliser shipments to India, risking high-value crop output. Its also holding back German tunnel machines for the Mumbai-Ahmedabad bullet train. While India scrambles for solutions, markets surged by over 1,000 points on falling oil prices, a weak dollar, and a ceasefire in the Middle East. All of this in Todays Two Sharp episode with Nisha Poddar.
