States' debt cost crosses 7.7%; spread with G-Secs over 50 bps
Mint Mumbai|January 03, 2024
At the first weekly auction of the last quarter of 2023-24, the states saw their interest burden sharply rising to cross the 7.7 percentage mark on Tuesday, leading to the spread between cut-off of 10-year state bonds and the G-Sec yield crossing the 50 basis points mark for the first time in two years.
States' debt cost crosses 7.7%; spread with G-Secs over 50 bps

At 53 basis points, the spread between the yield on the sovereign debt and that of the state bonds is the highest since January 2022.

Denne historien er fra January 03, 2024-utgaven av Mint Mumbai.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra January 03, 2024-utgaven av Mint Mumbai.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA MINT MUMBAISe alt
Will routine investors in Indian stocks keep calm and carry on?
Mint Mumbai

Will routine investors in Indian stocks keep calm and carry on?

It's unclear how long equities can count on SIP-mutual-fund support if prices continue to weaken

time-read
3 mins  |
November 13, 2024
Let corporate earnings lead the Indian market
Mint Mumbai

Let corporate earnings lead the Indian market

How much further will our investor-population boom go? While retail demand for shares might have space for growth, let's not forget these assets are only as good as their earnings

time-read
2 mins  |
November 13, 2024
BUCKET STRATEGY: A ROAD MAP TO FUND YOUR SUNSET YEARS
Mint Mumbai

BUCKET STRATEGY: A ROAD MAP TO FUND YOUR SUNSET YEARS

Circumstances change, so your strategy should adapt to align with risks and financial goals

time-read
3 mins  |
November 13, 2024
Finding the best retirement strategy: MFs or NPS Tier-2?
Mint Mumbai

Finding the best retirement strategy: MFs or NPS Tier-2?

Tata Pension Fund CEO Kurian Jose explains what makes NPS Tier-2 an attractive option

time-read
4 mins  |
November 13, 2024
CYBERCRIME: WHEN THE 'CBI' AND 'ED' CALL YOU...
Mint Mumbai

CYBERCRIME: WHEN THE 'CBI' AND 'ED' CALL YOU...

Social engineering scamsters have weaponized fear of the CBI, ED, police and Trai to defraud victims

time-read
10 mins  |
November 13, 2024
Mint Mumbai

Deliver food with 45 days' shelf life: FSSAI

Amid rising consumer complaints, Food Safety & Standards Authority of India (FSSAI) on Tuesday directed e-commerce players selling food items on their platforms to ensure a minimum shelf life of 30% or 45 days before expiry, at the time of delivery to customers.

time-read
1 min  |
November 13, 2024
Zydus Life reports strong Q2 growth
Mint Mumbai

Zydus Life reports strong Q2 growth

Zydus Lifesciences Ltd announced strong double-digit growth in line with estimates, on the back of sustained growth across its key businesses, in its consolidated financial results for the September quarter on Tuesday.

time-read
1 min  |
November 13, 2024
Mondelez FY24 net profit up 72%
Mint Mumbai

Mondelez FY24 net profit up 72%

Confectionery major Mondelez India Foods Pvt. Ltd posted a 71.85% increase in profit to ₹2,020.87 crore in FY24, according to the RoC filing from the beverages major.

time-read
1 min  |
November 13, 2024
Mint Mumbai

DBS's next India CEO is Rajat Verma

DBS's India unit has nominated its head of institutional banking, Rajat Verma, to be the bank's new chief executive officer, two people familiar with the matter said.

time-read
1 min  |
November 13, 2024
Air India Express to reconfigure planes
Mint Mumbai

Air India Express to reconfigure planes

Air India Express plans to start reconfiguration of planes having business class seats from April 2025, as the airline focuses on operating narrow-body planes with only economy class seats, according to a senior official.

time-read
1 min  |
November 13, 2024