India's edible oil imports for 2023-24 (Nov-Oct) are likely to decline about 2.5% to 16.05 mln tn after the all-time high volumes shipped in last year, said Rajesh Patel, managing partner of Rajkot-based GGN Research. Citing India's high consumption demand--estimated at 26 mln tn a year, of...
Axis Bank reclaimed its position as the country's top corporate bond arranger in Jan-Mar, after a gap of one quarter. The private sector bank helped raise 273.93 bln rupees through 58 deals during the quarter. On its own, it arranged 12 deals worth 96.41 bln rupees during the quarter, and...
The market regulator at the Gujarat International Finance Tec-City, or GIFT City, is drawing up a plan to allow for the issuance of short-term debt instruments by corporate entities at the finance hub, International Financial Services Centres Authority Chairman Kalyanaraman Rajaraman said....
The import of crude sunflower oil is likely to rise 43% on year to 1.05 mln tn during Apr-Jun, Aashish Acharya, vice president, Patanjali Foods told Informist. Higher prices of other edible oils, such as palm oil and soyoil, are prompting traders to switch over to sunflower oil, whose prices are...
With India in a sweet spot and growth in the right direction, there is no "crying need" for the Reserve Bank of India to cut interest rates at the moment, said Ajay Marwaha, senior executive vice president and fixed income head at Nuvama Group. The RBI's Monetary Policy Committee does not...
