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India Business News: The Indian government has introduced a 50-year bond worth Rs 10,000 crore for the first time, which saw strong demand. The auction by the RBI received
Some stakeholders have decried the low recovery of loans granted some farmers under the Anchor Borrowers Programme (ABP). The News Agency of Nigeria (NAN)
Stocks to watch: Shares of firms like Reliance, TCS, TVS Motor, Biocon, Safari, Tata Consumer, and others will be in focus on Thursday's trade.
State-owned REC announced on Wednesday that a group of six banks helped it raise USD 1.15 billion in two installments in August. According to the Reserve Bank of India's ECB requirements, loan proceeds must be used to finance projects in the infrastructure, logistics, and power sectors.
REC Limited, the Maharatna Central Public Sector Enterprise under the Ministry of Power, has signed a Foreign Currency Term Loan Agreement for USD 100 Million, with Export Import Bank of India (EXIM Bank). The proceeds of the loan will be used toward