Lately, the brand new president of the Confederation of Indian Industry (CII) Sanjiv Bajaj urged the federal government to contemplate bringing out a particular concern of India Millennial Bonds to spice up forex reserves. He stated India wants to spice up its forex reserves to revive the economic system, particularly in view of the capital outflows by overseas institutional buyers (FIIs), prompted by an unsure world atmosphere.
TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.
Key tales on business-standard.com can be found to premium subscribers solely.
Enterprise Normal has all the time strived exhausting to offer up-to-date data and commentary on developments which might be of curiosity to you and have wider political and financial implications for the nation and the world. Your encouragement and fixed suggestions on the way to enhance our providing have solely made our resolve and dedication to those beliefs stronger. Even throughout these tough instances arising out of Covid-19, we proceed to stay dedicated to protecting you knowledgeable and up to date with credible information, authoritative views and incisive commentary on topical problems with relevance.
We, nonetheless, have a request.
As we battle the financial affect of the pandemic, we’d like your help much more, in order that we will proceed to give you extra high quality content material. Our subscription mannequin has seen an encouraging response from a lot of you, who’ve subscribed to our on-line content material. Extra subscription to our on-line content material can solely assist us obtain the targets of providing you even higher and extra related content material. We consider in free, honest and credible journalism. Your help by way of extra subscriptions will help us practise the journalism to which we’re dedicated.