Addressing the debt burden of the beleaguered nation will require significant debt relief from European institutions, including dramatically extending the grace periods and maturities of the loans, the IMF said in its annual report on the Greek economy.
The auction will be conducted on BSE's 'ebidxchange' platform during 1530-1730 hours, after the close of market trading.
The exchange, which is considering compulsory delisting of these companies from its platform in a phased manner, has sent out communications to 509 firms advising them to initiate the process of revocation of suspension.
The auction will be conducted on BSE's e-bidxchange platform from 1530 hrs to 1730 hrs, after the close of market hours.
The auction will be conducted on NSE's ebid platform from 1530 hours to 1730 hours, after the close of market hours, the exchange said in a circular today.
In earlier auctions, government bonds have been subscribed multiple times, given the huge interest among the foreign investors.
India's total external debt inched up marginally to USD 480.2 billion at end-December compared to end-March last year, Finance Ministry said in a report.
The auction will be conducted on BSE ebidxchange platform from 1530 hours to 1730 hours after the close of market hours on Monday, November 23, the exchange said in a circular issued on Friday.
Foreign investors bid 172.66 billion rupees (USD 2.67 billion), more than three times the 54.68 billion rupees in government debt limits on offer at an auction, said traders familiar with the auction results.
The official manufacturing Purchasing Managers' Index (PMI) is forecast to edge down to 49.7, the weakest level since August 2012, from 50 in July, according to the median forecast of 20 economists in the poll.
Rajan's comments came at a time when foreign institutional investors have nearly exhausted their USD 25 billion allocation in government debt, leading to expectations that India would raise limits soon.
The auction will begin at 1530 hours and close at 1730 hours. A mock bidding session would be conducted today to check the system performance.
Recent policy decisions are eroding people‘s trust in governments, financial institutions and formal currencies
RBI may link the proposed inflation index bonds (IIBs) to CPI - inflation as and when it stabilizes but currently, those are linked to WPI - inflation, a senior official from the central bank said. Linking it to WPI, many believe, will not serve its basic purpose of IIBs.
The Reserve Bank of India (RBI) on Monday merged the debt sub limits available for foreign investors into two broad categories - the government debt and corporate debt. The Finance Minister - P Chidambaram had earlier announced the same in a national editors' conference in New Delhi on March 26.
Asian banks will have a tough time meeting new global liquidity rules because of a shortage of assets such as top-rated government debt that can be converted into cash quickly, according to KPMG.
Runaway government debts have triggered uncontrolled money printing that in turn will lead to inflation that will decimate portfolios, according to the latest forecast from 'Dr. Doom' Marc Faber.
Europe will see hard decisions and emerging markets like India will have to grow on their own, says financial expert John Mauldin.
If there's nothing to fear but fear itself, as US President Franklin Roosevelt contended during the Great Depression, then the world economy in 2011 has reached an interesting juncture between sentiment and reality.
Italy criticised Standard & Poor's today for downgrading its credit rating, saying the decision was out of touch with reality at a time when the government was working to boost growth and reduce its debts.
Moody's Investors Service cut its rating on Japan's government debt by one notch to Aa3 on Wednesday, blaming a build-up of debt since the 2009 global recession and the revolving-door leadership that has hampered effective economic strategies.
Policymakers worldwide oscillated between hope and confidence on Monday that US lawmakers will break a debt impasse that threatens to trigger a default and up-end global financial markets.
If Congress does not raise the limit on U.S. government debt before the specter of default becomes reality this summer, President Barack Obama will need to decide which bills to pay -- and choose between market mayhem and a firestorm over missed benefit payments.
The Federal Reserve is expected to nod to an improving US economic outlook on Wednesday even as it reaffirms a plan to buy USD 600 billion in government debt to help speed recovery.
US investment bank earnings were likely lackluster in the fourth quarter as government debt jitters globally kept bond trading clients on the sidelines.