Investment

Economic news

RBI relaxes norms on foreign sovereign bond investment

By Administrator_ India Capital Sands The Reserve Bank of India has relaxed its norms on what banks can do with their excess dollars in the currency market, according to sources. The RBI had already allowed banks to invest their excess dollars in foreign currency bonds, but a rule in July 2016 had stated that a bank’s […]

Read More
Sensex crosses 52,000-mark for first time amid huge investments by FPIs
Market

Sensex crosses 52,000-mark for first time amid huge investments by FPIs

By Administrator_ India Capital Sands The Sensex on Monday crossed the 52,000-mark for the first time amid huge investments by foreign portfolio investors (FPIs) in global equity markets. The 30-share index gained 609 points, or 1.2 percent, to end the session at 52,154. The Nifty50 rose 151 points, or 1 percent, to end the session at […]

Read More