Indian traders are bracing for a year of record government debt supply, which could keep borrowing costs high in the country’s $1.3 trillion bond market.Finance Minister Nirmala Sitharaman’s Feb. 1 budget could raise gross debt 11% to 16.5 trillion rupees ($180 billion) for the fiscal year starting April 1, according to the average estimate of […]
The parent company of India’s largest airline, InterGlobe Aviation, operator of the IndiGo airline, will replace Tata Motors Passenger Vehicles in the 30-share Sensex benchmark opening on Monday, December 22. The stock market index manager, BSE Index Services, announced the changes on Saturday as part of a broad overhaul of its flagship and satellite indices.Along […]