While the exact quantum of funds flowing to Indian sovereign debt is not in the public domain, bond traders pointed to an increase in the ownership pattern of the ‘others’ category of government securities as an indicator.
The government will sell a 3% stake in Hindustan Copper through an OFS at Rs 514 per share, with an option to divest another 3%.
Iran’s currency has plummeted to a staggering 2.02 million rials against the US dollar, reflecting deepening economic strain as Washington gears up for more sanctions.
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