Global Demand

Commerce dept mulls options for key export schemes

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Commerce dept mulls options for key export schemes

New Delhi: The commerce and industry ministry is pushing for the continuation of two key export incentive schemes even as it weighs various options such as lowering the sops if they’re not allocated more funds. The ministry has moved a note for the approval of the Expenditure Finance Committee (EFC) to extend to the Interest … Read more

Derivative products on Indian bonds see strong global demand

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Derivative products on Indian bonds see strong global demand

As the deadline for inclusion of government bonds in a JP Morgan index nears, several overseas investors eager for exposure to Indian assets but without the necessary registrations have piled into a derivative product that may account for a substantial 30% share of the near-$10-billion flows into local debt over the past nine months. International … Read more