Shorter-end bonds a rare bright spot in tough Indian markets
Wednesday March 27, 2013
A lacklustre 2013/14 Union Budget and the Reserve Bank of India turning gun-shy on interest rates have erased most of the strong debt gains this year, denting hopes that 2013 would be stellar for government bonds.
Budget 2013: Farm credit enhanced by Rs 1.25 lakh crore for FY'14
Thursday February 28, 2013
Finance Minister P Chidambaram on Thursday announced a sharp increase of Rs 1.25 lakh crore in agriculture credit target to Rs 7 lakh crore for next fiscal year and allocated additional Rs 10,000 crore in subsidy for implementing the Food Security Bi...
Budget 2013: Bank shares fall on Budget disappointment
Thursday February 28, 2013
Shares in public sector banks fell on concerns about liquidity in the banking system after the government set its target for gross market borrowing at Rs 6.29 trillion in 2013/14, above estimates of less than Rs 6 trillion.
Budget 2013: Rs 14,000 crore to be infused in public banks next fiscal year
Thursday February 28, 2013
The government today said it will infuse Rs 14,000 crore in public sector banks next fiscal year to ensure that they meet the global capital adequacy norms.
Rupee hits two-week high; oil, defence buying hurts
Wednesday February 27, 2013
The rupee rose on Wednesday, touching an over two-week high at one point, on optimism the government will deliver a fiscally disciplined 2013/14 budget, attracting more foreign flows into the country.
Rail Budget 2013: Railways' 2013/14 market borrowing seen at Rs 151.03 billion
Reuters | Tuesday February 26, 2013
India's railway will borrow 151.03 billion rupees from markets for the financial year 2013/2014, Railway Minister Pawan Kumar Bansal said on Tuesday as he presented his ministry's budget to parliament.
Rupee posts biggest single-day gain in three weeks
Friday February 22, 2013
The rupee notched up its biggest single-day gain in three weeks on Friday boosted by inflows delayed by a strike that curtailed trading over the last couple of sessions, but investors were jittery ahead of the crucial 2013/14 budget next week.
Budget 2013-14 to be most austere in years; public spending target may be cut by 10 per cent
Friday February 15, 2013
Finance Minister P. Chidambaram is planning to cut the public spending target for the fiscal year 2013/14 by up to 10 per cent from this year's original target, in what would be the most austere budget unveiled in recent history as he tries to avert ...
