Liquidity measures widen market-repo rate disconnect
The Reserve Bank of India aims to align market rates with the repo rate, but liquidity conditions have caused a disconnect. The weighted average call rate (WACR) has rarely been within 10 basis points of the repo rate. Liquidity conditions also impact government treasury bills and external loan benchmarks.
Hold 10% of assets in gold, SGBs a good bet: Analysts
The fourth tranche of SGB in this financial year is available for subscription from February 12 to 16. Investors will have to pay ₹6,213 per gram of gold after a discount of ₹50 per gram for digital payments. This is ₹64 per gram higher than the price during the third tranche they paid in December […]
Telecom licence fee collection rises 8.23% to Rs 5,326 cr in Q2
In the September 2023 quarter, the government’s collection of licence fees from telecom service providers rose by 8.23% year-on-year to Rs 5,326 crore, while spectrum usage charge (SUC) revenue decreased by about 40% to Rs 836 crore, as per the latest report from the Telecom Regulatory Authority of India (Trai). Despite a 1.22% decline in […]