Stay updated with breaking news from Yields. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The government plans to sell 100 billion rupees ($1.2 billion) of a 2073 bond on Friday, according to the Reserve Bank of India. Bajaj Allianz Life Insurance Co. Ltd. and HDFC Life Insurance Co. Ltd. anticipate demand for the paper will be strong as insurers try to lock in higher yields to take care of long-term commitments.
The average price target on Axis Bank of all analysts compiled by Bloomberg following the second quarter results is ₹1,169.78, implying an upside of almost 20.18% over Thursday's closing.
More than two million Britons set themselves up as landlords to generate rental income and capital growth from rising property values, but rising interest rates, tougher regulations and a tax clampdown have driven many away.