FPIs withdraws ₹17,000 crore from equities in May on political uncertainty amid general election

[ad_1] Foreign investors pulled out a massive ₹17,000 crore from Indian equities in the first 10 days of the month owing to the general election and the uncertainty surrounding its outcome coupled with expensive valuations and profit booking.Also read:FPIs dump...

Green financing: India auctioned ₹20,000 crore worth sovereign green bonds in FY24

[ad_1] The government auctioned sovereign green bonds worth ₹20,000 crore in FY24, compared to ₹16,000 crore in FY23 to mobilise resources for green infrastructure projects, particularly for expanding renewable energy capacity.Also read:Indian bond yields stop swaying to the US tuneBesides,...

Weighted avg cost of State govt borrowings eased 20 bps to 7.52% in FY24

[ad_1] Weighted average cost of State Government Securities (SGS) eased by 20 basis points to 7.52 per cent in FY 2024, despite 33 per cent surge in issuance, according to ICRA.Twenty-six state governments and 2 Union Territories (UTs) issued gross...

Government Securities Yields Soften as Fed Hints at Rate Cut

[ad_1] Yields of Government Securities (G-Secs) softened on Thursday, tracking the US Treasury yields which declined after indications that the Fed may go for three quarter points rate cut in 2024.Yield of the benchmark 10-year G-Sec has thawed about 2...