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RBI to issue sovereign green bonds in two tranches
Updated : 3 years, 2 months ago IST
The proceeds will be deployed in public sector projects which help in reducing the carbon intensity of the economy
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How is RBI making Digital Lending safer with P2P Platforms?
Updated : 3 years, 2 months ago IST
New Delhi [India], December 24 (ANI/PNN): Peer-to-peer deviates from the typical lending process in which borrowers request loans through conventional financial institutions. Individuals can borrow money from others using a P2P lender via an online marketplace. P2P lending is a relatively ne
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SC to hear pleas on Electoral Bonds scheme in January last week
Updated : 3 years, 3 months ago IST
The Supreme Court on Thursday posted for hearing the pleas challenging the government's Electoral Bond scheme allowing anonymous funding to political parties in the last week of January.
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GMR Hyderabad International Airport raises Rs 11.50 bn via non-convertible
Updated : 3 years, 3 months ago IST
GMR Hyderabad International Airport (GHIAL), a subsidiary of GMR Airports, announced that it has successfully raised funds through the issuance of 10-year listed, rated, redeemable, secured non-convertible debentures (NCDs) amounting Rs 11.50 billion, on private placement basis.
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Green bonds likely to be issued in Jan-March quarter, government tells Par
Updated : 3 years, 3 months ago IST
Green bonds are financial instruments that generate proceeds for investment in environmentally sustainable and climate-suitable projects.
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Foreign investors purchase 3.6 trillion won of Korean stocks and bonds
Updated : 3 years, 3 months ago IST
Seoul [South Korea], December 12 (ANI/Global Economic): Foreign investors have bought domestic stocks and bonds for 2 consecutive months due to expectations for the US Fed to scale back the pace of its interest rate hikes and higher sales performance of major companies.
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Study: Feline genetics help pinpoint first-ever domestication of cats
Updated : 3 years, 3 months ago IST
Nearly 10,000 years ago, humans settling in the Fertile Crescent, the areas of the Middle East surrounding the Tigris and Euphrates rivers, made the first switch from hunter-gatherers to farmers. They developed close bonds with the rodent-eating cats that conveniently served as ancient pest-
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After significant rate hike, Pak govt has to pay heavy price for borrowing
Updated : 3 years, 3 months ago IST
The State Bank of Pakistan's (SBP) decision to hike its key policy rate by 100 basis points to a 24-year high of 16 per cent has created a new problem for Islamabad as it has to pay a heavy price for borrowing after the rate hike.
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SC to hear plea on electoral bonds scheme amendment on December 6
Updated : 3 years, 3 months ago IST
A bench of Chief Justice of India DY Chandrachud and Justices Hima Kohli and JB Pardiwala adjourned the matter after the advocate appearing for the petitioner said they have taken some extra grounds and the matter can be taken on December 6.
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SC agrees to hear plea on electoral bonds scheme amendment
Updated : 3 years, 4 months ago IST
The Ministry of Finance on November 7 issued a notification for amending the scheme to provide "an additional period of 15 days" for their sale "in the year of general elections to the Legislative Assembly of States and Union Territories with Legislature".
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Listing of municipal bonds needed to fund local bodies: RBI report
Updated : 3 years, 4 months ago IST
RBI said in a report for policies to improve the environment for financial investment through sound and efficient regulation, greater transparency, and better governance can help nurture a vibrant municipal bond market. Listing municipal bonds in the stock exchanges can pave the way for deve
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FM Sitharaman approves India's first sovereign green bonds framework
Updated : 3 years, 4 months ago IST
A statement from the finance ministry on Wednesday said this approval would further strengthen India's commitment towards its Nationally Determined Contribution (NDCs) targets, adopted under the Paris Agreement, and help in attracting global and domestic investments in eligible green project
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