Economy

The Indian bonds was volatile over the past week on uncertainties over the maiden offshore sovereign bonds issuance, according to a report by Singapore’s DBS Group Research on 31 July 2019.

S&P Global Ratings said that a relaxation in India's foreign currency borrowing rules is credit positive for Indian companies, which includes corporates and nonbank financial institutions.

Future Group, one of the world’s leading retail conglomerates, and its commerce payments affiliate LivQuik, have partnered with Poynt, the world’s leading open commerce platform, to mass deploy smart POS solutions across India.

Minister of State for Commerce and Industry, Som Parkash, has called on manufacturers must build capacity and make the most of the opportunity that is now available to the country to enlarge its exports to both the US and China.

The Cabinet chaired has approved the signing of the United Nations Convention on International Settlement Agreements (UNISA) resulting from mediation by India scheduled to be held at Singapore on 7 August 2019, or at United Nations Headquarters.

A majority government at the Centre is gradually reviving private equity's confidence in Indian real estate - especially the commercial sector.

S&P Global Ratings assigned its 'BB-' long-term issue rating to ReNew Power Ltd's (RPL) proposed senior secured notes 30 July 2019, noting the proceeds will be capex.

There are huge opportunities for Taiwanese companies in India which embarks on creating economies of scale, a senior industry official said on 30 July 2019.

S&P Global Ratings has assigned its 'BBB-' long-term issue rating to a proposed benchmark size issue of U.S. dollar senior unsecured notes by Export-Import Bank of India (India EXIM: BBB-/Stable/A-3) under the bank's US$10 billion medium-term note program.

The Governments of India and Mozambique have signed two MoUs on sharing white shipping information and co-operation in the field of Hydrography.