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RBI
TOI 11 Oct 2019 : Kolkata : Easier for India Inc to raise funds overseas Mumbai : In an attempt to make it easier for Indian companies to raise money abroad, markets regulator SEBI on Thursday issued a framework for domestic companies to offer depository receipts (DRs) under depositary receipts scheme 2014. Finance minister Nirmaja Sitharaman had recently said Sebi would issue detailed guidelines for domestic companies to take the DR route for fund mobilisation, which was earlier held up […]
Easier for India Inc to raise funds overseas
TOI Oct 11, Kolkata : Global ratings agency Moody’s Investors Service on Thursday slashed India’s 2019-20 GDP growth forecast to 5.8% from 6.8%, citing multiple factors, including a slowdown in investment and consumption.
Moody’s slashes GDP forecast to 5.8% from 6.8%
Mumbai : Reserve bank of India on Friday slashed its full year growth forecast to 6.1%from 6.9% in august furling fears that the Indian economy is headed for a meltdown this year and could register the slowest rate of growth since the 5.5% recorded in 2012-13. Sharpest cut in growth forecast, the policy interest rate had been slashed to lowest level 4.75% on April 21, 2009.
RBI Cuts Policy Interest Rate
TOI 11 Oct 2019 : Kolkata : RCEP talks trigger import surge worry Mumbai : In ans attempt to make it easier for Indian companies to raise money abroad, markets regulator SEBI on Thursday issued a framework for domestic companies to offer depository receipts (DRs) under depositary receipts scheme 2014. Finance minister Nirmaja Sitharaman had recently said Sebi would issue detailed guidelines for domestic companies to take the DR route for fund mobilisation, which was earlier held up due to […]