Government Bonds

A derivative trade that boosted demand for India's sovereign bonds by billions is at risk from a proposed tax, piling pressure on a market straining under record government borrowings.

At least 36 migrant labourers from Jharkhand have been stranded in Tajikistan for the last two months, and the state government is making efforts to ensure their safe return, an official said.

The Centre today told the Supreme Court that short selling firms in the US research "companies that they believe have governance and/or financial issues" and publish reports that can start an avalanche of shares and bonds sale.

Foreign portfolio investors will lose a preferential tax rate on interest from Indian government securities and corporate and foreign currency bonds.

The Supreme Court today said that it will hear in March a batch of pleas challenging the government's Electoral Bond scheme which allows for anonymous funding to political parties.

The government is expected to announce a record gross borrowing of 16 trillion rupees ($196.28 billion) for 2023-24 when it presents the federal budget on Feb. 1, according to a Reuters poll of economists.

The fundraising through Additional Tier 1 (AT1) capital up to an amount of Rs 10,000 crore is subject to Government of India concurrence, SBI said.

After a year that has seen the worst-ever bond market returns after its No. 1 enemy - inflation - soared, optimism is returning.

"Banks are facing a liquidity crunch, while SLR level is more than adequate. In such a scenario, there will be moderate buying by state-run banks," said Sushanta Mohanty, general manager-treasury at Bank of Baroda (BoB).

The government on Saturday approved issuance of the 24th tranche of electoral bonds that will open for sale on December 5.

The bond amount has also been reduced from Rs 40 lakh to Rs 30 lakh. After deducting the fees, the amount will come out to be around Rs 25 lakh, CM Manohar Lal Khattar said

Resident doctors at the PGIMS, Rohtak had gone on an indefinite strike in solidarity with the MBBS students' ongoing agitation.

Trinamool MP Mahua Moitra alleged on Wednesday that the Union government's issuance of more electoral bonds ahead of the elections in Gujarat and Himachal Pradesh was a violation of the model code of conduct.

The Indian government bond yield curve could invert, with the benchmark 10-year bond yield easing below those of shorter tenor securities, the treasury head of private lender Axis Bank said today.

Indian Medical Association (IMA) has extended its support to the protesting MBBS students and demanded the government abolish the bond policy.

A derivative trade that boosted demand for India's sovereign bonds by billions is at risk from a proposed tax, piling pressure on a market straining under record government borrowings.

At least 36 migrant labourers from Jharkhand have been stranded in Tajikistan for the last two months, and the state government is making efforts to ensure their safe return, an official said.

The Centre today told the Supreme Court that short selling firms in the US research "companies that they believe have governance and/or financial issues" and publish reports that can start an avalanche of shares and bonds sale.

Foreign portfolio investors will lose a preferential tax rate on interest from Indian government securities and corporate and foreign currency bonds.

The Supreme Court today said that it will hear in March a batch of pleas challenging the government's Electoral Bond scheme which allows for anonymous funding to political parties.

The government is expected to announce a record gross borrowing of 16 trillion rupees ($196.28 billion) for 2023-24 when it presents the federal budget on Feb. 1, according to a Reuters poll of economists.

The fundraising through Additional Tier 1 (AT1) capital up to an amount of Rs 10,000 crore is subject to Government of India concurrence, SBI said.

After a year that has seen the worst-ever bond market returns after its No. 1 enemy - inflation - soared, optimism is returning.

"Banks are facing a liquidity crunch, while SLR level is more than adequate. In such a scenario, there will be moderate buying by state-run banks," said Sushanta Mohanty, general manager-treasury at Bank of Baroda (BoB).

The government on Saturday approved issuance of the 24th tranche of electoral bonds that will open for sale on December 5.

The bond amount has also been reduced from Rs 40 lakh to Rs 30 lakh. After deducting the fees, the amount will come out to be around Rs 25 lakh, CM Manohar Lal Khattar said

Resident doctors at the PGIMS, Rohtak had gone on an indefinite strike in solidarity with the MBBS students' ongoing agitation.

Trinamool MP Mahua Moitra alleged on Wednesday that the Union government's issuance of more electoral bonds ahead of the elections in Gujarat and Himachal Pradesh was a violation of the model code of conduct.

The Indian government bond yield curve could invert, with the benchmark 10-year bond yield easing below those of shorter tenor securities, the treasury head of private lender Axis Bank said today.

Indian Medical Association (IMA) has extended its support to the protesting MBBS students and demanded the government abolish the bond policy.