The central bank left its ultra-easy monetary policy unchanged in July and said it had not discussed anything on its 60 billion euros of monthly asset purchases, but signaled the discussions would come "this autumn".
Spot gold was nearly flat at $1,268.88 per ounce at 0040 GMT. It rose 2.2 percent last month, its biggest monthly gain since February. * U.S. gold futures for August delivery were also almost unchanged at $1,267.50 per ounce.
In June 2016, Indian companies had borrowed USD 1.07 billion from overseas markets using these instruments.
Gold prices steadied early on Thursday, with the dollar firming as markets waited for clues on the future of key stimulus programmes in upcoming Bank of Japan and European Central Bank meetings.
The ECB may launch so-called ownership-control procedures to scrutinise both Qatar's royal family and China's HNA, which each owns just under 10 percent of the shares of Germany's flagship lender.
As major central banks are getting confident of positive macroeconomic signals, they may curtail accommodative monetary policies, which might not go down very well with equity investors.
Gold prices firmed on Wednesday on lower equities and a weaker U.S. dollar after European Central Bank President Mario Draghi hinted the ECB could trim its stimulus this year.
The currency bloc's economy has been on its best run for a decade but ECB President Mario Draghi is yet to be convinced that the recent rebound in inflation is durable because wage growth remains sluggish.
Polls open in the UK national elections later on Thursday while the European Central Bank (ECB) may discuss dropping additional stimulus pledges at a meeting later and former United States Federal Bureau of Investigation director James Comey will testify before the U.S. Congress about his interactions with President Donald Trump later in the day.
With U.K. elections, an European Central Bank policy meeting where policymakers may take a less dovish stance, and former FBI director James Comey's Senate testimony on all set for Thursday, market participants will be wary of taking big positions.
Also on Thursday, James Comey, former head of the U.S. Federal Bureau of Investigation, is due to appear before a Senate committee for the first time. Comey was fired by President Donald Trump in May while leading a probe into alleged Russian meddling in last year's U.S. election.
The borrowings in April this year included USD 1.27 billion through the automatic route and USD 39.26 million from approval route, showed data from Reserve Bank.
In an interview to CNBC-TV18, Arvind Sanger, Managing Partner of Geosphere Capital Management spoke about global equity markets and how they are shaping so far.
The rupee denominated bonds or masala bonds accounted for 39 per cent of the total ECBs of USD 7.39 billion reported by Reserve Bank during the fourth quarter of fiscal 2016-17.
The ECB proposal to European Union states, seen by Reuters, says that a draft piece of legislation on foreign bank regulation already under discussion among the 28 EU members should be toughened further.
The euro zone economy may be improving, but a change in the European Central Bank's policy guidance could backfire, tightening financial conditions, policymakers concluded at their March 9 meeting, the minutes of the discussion showed on Thursday.
While the US Fed plans more rate hikes later this year, it is the policy outcome of two other central banks that are more important and should be looked out for, says Bill Gross.
Although economic growth and inflation are both picking up, the ECB is expected to resist calls to tighten policy, pointing to political risks, weak underlying price growth and a still fragile recovery nearly a decade after the bloc's economic woes began.
Inflation in the euro zone rose to within a whisker of the ECB's target in January, data showed this week, but the bank is pushing back calls from Germany to begin winding down its policy of aggressive bond-buying and below-zero interest rates.
In the same month a year ago (December 2015), the foreign borrowings by Indian firms were at USD 3.03 billion.
Federal Reserve officials said on Thursday that fiscal and tax plans sketched out by the incoming Trump administration could trade a short-term economic boost for inflation and debt problems they might have to counteract.
The company will utilise these proceeds for refinancing its high cost external commercial borrowings (ECBs) to achieve its objective of reducing high cost debt and improving its debt maturity profile, APSEZ said in a statement.
Germany, France and the Netherlands are scheduled to hold general elections in 2017. Anti-immigration and populist parties are gaining popularity in these three nations.
In a postal ballot notice to shareholders, Vardhman Textiles has sought the consent of the shareholders for issuing "in one or more tranches, secured or unsecured redeemable non-convertible debentures/bonds on private placement basis or raise External Commercial Borrowings (ECB) for an amount not exceeding Rs 500 crore."