EXIM Bank of India has successfully raised one billion US dollars through its dual-tranche bond issue. The bank sold ten-year bonds at five percent and thirty-year bonds at five point seven five percent. Strong demand allowed for aggressive pricing on these longer-duration bonds. Proceeds will fund overseas investments and capital goods imports.
Oil prices surge amid Middle East conflict: How Indian oil stocks performed last week?
Oil prices saw a massive rally last week amid the raging war in the Middle East, as the Strait of Hormuz effectively closed for traffic,