The bonds were sold to investors at a final price of 92 basis points above the three-year US treasury, which was trading at 4.47% on Tuesday, meaning an effective rate of 5.39% for the lender, people familiar with the issue said.
The Securities & Exchange Board of India (Sebi) has been empowered by the government to order social media platforms to remove unlawful stock-related content. This
As equity markets reach new heights, hybrid mutual funds are gaining traction for their automatic asset allocation and tax efficiency. These funds invest across multiple
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