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Posted on March 27, 2024

India plans lower-than-expected market borrowing of $90 billion in fiscal first half

The Indian government plans gross market borrowing of 7.5 trillion rupees ($90 billion) in the April-September period, which is 53% of the total estimate for the year, the finance ministry said on ...

Posted on March 27, 2024

India’s stricter regulations to pull down FIs’ loan growth and raise costs

"But the increased regulatory risk could impede growth and raise the cost of capital for financial institutions." S&P expects that the Reserve Bank of India’s (RBI) new measures will lead loan growth ...

Posted on March 27, 2024

India to Sell Fewer Bonds Ahead of Elections, Index Inclusion

India will sell fewer bonds than estimated as policymakers ... in the first half of the fiscal year starting April, the finance ministry said in a statement on Wednesday. That’s lower than 8.5 ...

Posted on March 27, 2024

India to spend $3.7 bln to fence Myanmar border, source says

India plans to spend nearly $3.7 billion to fence its 1,610-km (1,000-mile) porous border with Myanmar within about a decade, said a source with direct knowledge of the matter, to prevent smuggling ...

Posted on March 27, 2024

Stocks to buy: Coal India, Bajaj Finance, JSW Energy, Policybazaar among 12 stocks that can rise 8-27% in next 3-4 weeks

According to Axis Securities, if Nifty crosses and sustains above the 22,200 level, it would witness buying, leading the index towards 22,300-22,500 levels. However, if the index breaks below the ...

Posted on March 27, 2024

EBRD to Provide 30 Million Euros for Turkey’s Earthquake Regions

ISTANBUL (Reuters) - The European Bank for Reconstruction and Development (EBRD) will provide 30 million euros ($32.50 million) in long-term financing to Turkey's Ronesans Gayrimenkul Yatirim to ...

Posted on March 27, 2024

Local elections in Turkey are about to deliver yet another political thriller

Turkey is gearing up for municipal elections on 31 March, and the race has reached its apex. Last year's presidential election nail-biter is having a significant ripple effect on who might be chosen ...

Posted on March 27, 2024

Foreign correspondents in the Philippines condemn China over claims of video manipulation

Foreign correspondents in Manila rejected on Wednesday a claim made by China that the Philippines had journalists manipulate videos taken during resupply missions in the South China Sea to make it ...

Posted on March 27, 2024

Japan warns on surge in potentially deadly strep throat cases

Japanese health authorities have warned about a jump in potentially deadly strep throat infections, with cases running about three times higher than last year in Tokyo.

Posted on March 27, 2024

Japan’s yen tumbles to 34-year low against dollar in trading

The Japanese yen tumbled to its lowest mark against the U.S. dollar since 1990 on Wednesday, temporarily sliding to the 151.97-per-dollar level as investors continued to sell the country's currency.

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