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MIL-OSI Economics: RBI imposes monetary penalty on Anand Rathi Global Finance Limited, Mumbai, Maharashtra

MIL-OSI Economics: RBI imposes monetary penalty on Anand Rathi Global Finance Limited, Mumbai, Maharashtra
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Maharashtra
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India-act
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Supervisory-letter

Indian bonds' inclusion in the JPMorgan index to strengthen rupee. Here's how?

The dollar index (DXY) is hovering around 105.60 while the US 10-year bond yield is at a 15-year-high of 4.50% with Asian currencies remaining weak. He is expecting the rupee to be in a range of 82.70-83.30 against the USD over the next few days

India
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Harsimran-sahni
Keki-mistry
Anuj-gupta
Head-of-treasury-at-finrex-advisors
Reuters
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Executive-vice-president
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Head-commodity
Former-vice-chairman

Wockhardt to reduce debt against share pledge to 26% from 65% now in FY24

Khorakiwala-owned Humuza Consultants has pledged its entire 65.46% shares of Wockhardt with private lenders as of March 31, 2023, according to a stock exchange disclosure. The promoter intends to reduce the share pledge to 26% by the end of this fiscal year, the people cited above said.

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