The Reserve Bank of India (RBI) is likely to maintain current interest rates during its October policy review, according to an SBI report, as inflation in August 2025 is projected to rise above 2 per cent. The analysis, quoted in an ANI report, anticipates inflation could reach around 2.3 per cent, complicating any potential rate…
Life Insurance Corporation of India has ramped up its activity in the bond derivatives market, entering into $1 billion worth of forward rate agreements (FRAs) with global lenders including JPMorgan Chase & Co. and Bank of America Corp., Bloomberg reported, citing people familiar with the matter.The deals, executed over the past two months, now represent…
US President Donald Trump mourned the loss of his “great friend” Hulk Hogan, following the WWE legend’s death Thursday morning at age 71. In a social media post, Trump said, “Strong, tough, smart, but with the biggest heart. He entertained fans from all over the World, and the cultural impact he had was massive.” Hogan,…
The bank has been gathering client input regarding potential modifications to its GBI-EM Global Diversified index. (AI image) JPMorgan Chase & Co. is evaluating potential adjustments to its primary emerging-market index by reducing the allocation of major bond issuers, including China and India, aiming to encompass a wider spectrum of developing-nation debt.According to documents reviewed…
NEW DELHI: State-run power major NTPC Ltd on Saturday said its board has approved a proposal to raise up to Rs 18,000 crore through issuance of non-convertible debentures (NCDs) or bonds via private placement in the domestic market.According to a regulatory filing, the company’s board gave its nod during a meeting held earlier in the…
In a move aimed at boosting long-term foreign investment in Indian debt markets, Sebi on Wednesday approved several compliance relaxations for Foreign Portfolio Investors (FPIs) that invest exclusively in Indian government securities (G-Secs).The decision, taken at the regulator’s board meeting, is expected to simplify onboarding, reduce paperwork, and improve ease of doing business for these…
NEW DELHI: The Indian bond market is gaining momentum due to lower inflation and expectations that the Reserve Bank of India will cut interest rates, according to a report by Jefferies.The report indicates favourable conditions for domestic bonds, particularly appealing to long-term investors amid evolving global financial conditions. India’s consumer price inflation has shown a…
Mahendra Patel, a 57-year-old Indian-origin engineer, was released on a USD 10,000 bond after spending 45 days in the Cobb County Jail in Georgia. Patel had been arrested following a March 18 incident at a Walmart in Acworth, where he was accused of attempting to kidnap a two-year-old boy. According to the police complaint, Patel…
Investors holding the Sovereign Gold Bond (SGB) 2017-18 Series VI, issued on November 6, 2017, will be eligible for premature redemption on May 6, 2025, at a price of Rs 9,453 per gram, as notified by the Reserve Bank of India. This marks a gain of around 221% on the original issue price of Rs…
Rohit Sharma and Shane Bond (Screengrabs) NEW DELHI: A light-hearted moment between Rohit Sharma and Shane Bond stole attention after Mumbai Indians‘ emphatic 100-run win over Rajasthan Royals on Thursday. In a video posted by Rajasthan Royals’ official X (formerly Twitter) handle, Rohit was seen joking with Bond’s kid over a video call post-match: “I…