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In fact, during presentations to Prime Minister Narendra Modi a few weeks ago, there were suggestions that asset monetisation could help the government cover a part of the higher spending needed for providing another economic stimulus.
WACR 18 bps higher than repo rate despite surplus liquidityOn Monday, the weighted average call rate rose to 6.68%, exceeding the Reserve Bank of India's 6.50% repo rate, due to uneven liquidity distribution in the banking system. Public sector banks faced a shortfall, despite an ove… Read MoreSebi board meeting: Nothing on F&O regulation, but top 7 other announcementsDespite expectations, SEBI has decided not to curb weekly F&O expirations or raise minimum contract sizes for now. This comes as the regulator grapples with a surge in speculative trading that has cost retail investors Rs… Read MoreSebi modifies reporting timelines for commercial paper payment obligationsSebi has revised the reporting timeline for entities with listed commercial papers to disclose their payment obligations within one working day of the due date. This change aligns with the requirements for non-convertible sec… Read MoreET Market Watch: Breather for bulls after 7 sessions, financials drag Sensex 264 pts lower
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… Read MoreAhead of IPO, PN Gadgil Jewellers collects Rs 330 crore from anchor investorsPN Gadgil Jewellers Ltd has raised Rs 330 crore from anchor investors ahead of its IPO opening. The IPO, valued at Rs 1,100 crore, includes a fresh issue of shares worth Rs 850 crore and an offer for sale of Rs 250 crore. The… Read More
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