Sagarmala Finance Corporation is set to launch India’s first blue bonds this fiscal year. The state-owned lender aims to raise up to ₹1,000 crore through this maiden issue. These bonds will fund maritime projects, attracting investors interested in this sector. This move will help address the company’s asset-liability mismatch. The corporation has a mandate to raise ₹25,000 crore.
S&P 500, Nasdaq post best quarter since 2020 despite Iran war
Indian markets closed the quarter on a high, mirroring global trends with significant gains for the S&P 500 and Nasdaq, driven by optimism around economic