Business

On the rising incidence of bond issuers defaulting on their obligations to bondholders, Sinha said the newly implemented Bankruptcy Code will help in protecting the interests of bondholders.

While the ministry can punish the Indian firm contracted to it for any wrongdoing, the foreign firm which has entered into a pact with the Indian company, is not answerable to the government.

Khan panel recommendations to be implemented fully in next 6-8 months.

Goldman kept its 2017 average price forecast of $52 per barrel unchanged.

The government in February imposed MIP on 173 steel grades for six months to protect the domestic steel firms from cheap imports.

Swiss watch exports fell 10.9 percent in the first eight months of 2016, with Hong Kong down 27.6 per cent.

adkari said this hailing the arrival of car carrier ship MV Dresdan with 500 cars at Coachin Port.

Moody's has assigned Ba1 rating to Tata Motors, up from the earlier Ba2, the rating agency said in a statement.

"When we talk of developing a corporate bond market, we must be realistic about our goals. More importantly, we must not be blinkered in squeezing bank finance to forcibly take up corporate bond market," R

The stakeholders have been given time till Wednesday to give their comments on the two draft rules.

"BRICS should come together to share their experiences from bond markets and perhaps, also develop a BRICS bond market," he said.

The domestic bond market, excluding the G-secs, is worth around Rs 20 trillion, while the G-secs is a much larger one given the government's building debt-driven balancesheet.

The figures should be a wake-up call for governments, WTO Director-General Roberto Azevedo said in the six-monthly trade outlook report.

"Anmol has brought tremendous luck as the stock price rose by 40 per cent since his induction in the board," Chairman Anil Ambani said.

The state-owned company informed about the "Letter of Offer" in a BSE filing.

The growth projections for India are similarly unchanged for both years, providing the main resistance to global headwinds.

On housing finance, Ambani said the group is looking to expand its mortgage assets to grow manifold.

While most oil producer states have been supportive of a cap, pre-forum talks between OPEC kingpin Saudi Arabia and Iran have been less productive, with neither side willing to give in.

The New Zealand dollar gained too, rising 0.3 per cent after hitting a one-month low on Monday.

Mathias Doepfner, head of one of Europe's largest media companies, said Britain was bound to experience short-term pain as a consequence of its June 23 vote to quit the EU.

The Unbox Diwali Sale will cater to buyers from more than 6000 cities and will cover nearly 30,000 pin codes, including distant locations like Leh, Port Blair and Lakshwadeep islands.

It has shown some signs of stabilisation in recent months after billions of dollars in government spending and a property boom in the country's top-tier cities.

Declarations can be made online as well in printed copies of the prescribed form up to midnight on 30th September, 2016.

In China, like elsewhere, many market players followed the U.S. presidential debate. In his opening statement, Republican candidate Donald Trump blamed U.S. job losses on "currency devaluation" by China.

On Monday, the domestic unit ended higher by 4 paise against the dollar at 66.61.