BRICS bank to issue bonds

The New Development Bank (NDB), floated by the BRICS nations to step up infrastructure funding in emerging economies, has decided to raise funds in the financial markets by issuing bonds. Last year, the five BRICS countries -- Brazil, Russia, India, China and South Africa -- announced the establishment of the NDB which had an initial authorised capital of USD 100 billion and it will start its operations early next year.

Centre constitutes Insolvency and Bankruptcy Board' The Centre has constituted a four-member Insolvency and Bankruptcy Board of India (IBBI) under t
Dissecting principal and interest In the case of Jaayaswals Neco Ltd. vs Union of India held by Delhi High Court that if a court o
Hedging mandatory for External Commercial Borrowings (ECBs) In a bid to effectively address currency risk at the systemic level, the Reserve Bank of India
Food regulator FSSAI proposes new standards for frozen products Food regulator FSSAI has proposed new standards for frozen vegetables and processed fruit produc
Credit counsellors to be to be accredited The repo rate has been reduced by 25 basis points from 6.5 per cent to 6.25 per cent with immedi
Indian goods set for greater market access under APTA Indian exporters will get greater market access in textiles, chemicals and pharma in countries s