Category Archives: Uncategorized

Markets recover from early loss to end on a flat

BSE Sensex closed 0.04% or 11.83 points down to end at 31209.79 from 31221.62. Sectors that trailed in the negative were Power (down by 1.23%), Sugar (-0.71%), Shipping & Logistics, (-0.64%), Banking & Finance (-0.56%), and Auto (-0.47%). Retail (up by 1.72%), Telecom (0.83%) Infrastructure (0.55%), Cement (0.54%), FMCG (0.47%) rallied on the BSE. Reliance… Read More »

India Inc borrowings from overseas market at $1.63 billion in June

India Inc’s borrowings from foreign sources like external commercial borrowings (ECBs) and rupee bonds stood at USD 1.63 billion in June, RBI data showed today. In June 2016, Indian companies had borrowed USD 1.07 billion from overseas markets using these instruments However, the two sets of data are incomparable as there were no rupee denominated… Read More »