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Moody's upgrades India's debt rating 23 December 2011
"India's Baa3 rating incorporates credit strengths such as a large, diversified economy, robust medium term growth prospects and a strong domestic savings pool that facilitates the financing and refinancing of the government's relatively high debt burden," the ratings agency said...
Keywords: residual maturity, foreign currency bank deposits, lock-in period, infrastructure sector
Read MoreCement prices are likely to go up 17 March 2012
The proposal to raise excise duty is in sharp contrast with the expectations of the industry, which was demanding to slash it down to 6-8 per cent. Cement prices are likely to go up after the government’s proposed hike in...
Keywords: excise duty, excise duty, excise duty, Finance Minister
Read MoreRBI revises priority sector lending 03 March 2015
The Reserve Bank of India has rewritten the guidelines of lending to the priority sector, regarding loans to medium enterprises, sanitation and renewable energy sectors which come under one roof. “The target for lending to the redefined priority sector is...
Keywords: RBI, Infrastructure Sector, priority sector lending, agriculture sector
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