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Indian brokerage firm Zerodha is implementing a bold initiative aimed at fostering greater participation in government bonds (G-Secs), treasury bills (T-Bills), and state development loans (SDLs). Effective March 1, 2024, Zerodha will waive the 0.06% brokerage fee on these investment options.
Are you preparing for UPSC CSE Prelims 2024? Check your progress and revise your topics through following quiz on Economy.
After RBI in 2021 rolled out ‘RBI Retail Direct’ scheme to trade in government securities, G-Secs’ popularity spiked significantly. G-Secs is a tradeable instrument issued by the Government of India, or the state governments, which acknowledges government's debt obligation
Exclusive for Subscribers from Monday to Friday: Have you ever thought about how Buzakashi or lander module and propulsion module are relevant to the UPSC Exam? What significance do topics like Doha Agreement, Gujarat’s remission policy and Treasury Bills (T-bills) have for both the preliminary and main exams? You can learn more by reading the Indian Express UPSC Key for August 18, 2023.
Tamil Nadu will fall into a debt trap if the government continues to borrow to pay the old debt without focusing on infrastructure development, attracting real investments in manufacturing, preventing leakage, widening tax base and boosting the ...