Free Press Journal
  • Uniform valuation system in offing for corp bonds

    MUMBAI: The Sebi on Tuesday said there is a need for the financial sector to follow one system of valuation for corporate bonds to enhance participation and liquidity in the market. “We cannot have a dichotomous valuation system for corporate bonds,” G. Mahalingam, wholetime member at Sebi, said at an event organised by the Federation of Indian Chambers of Commerce and Industry. Currently, different sectors follow different conventions and practices to value

  • GDP growth to rise in Q2, Q3: FICCI

    New Delhi : Ahead of the release of official data on Indian GDP growth in the second-quarter, the Federation of Indian Chambers of Commerce & Industry (Ficci) said on Monday that July-September’s GDP growth rate is expected to improve to 6.2 per cent and rise further to 6.7 per cent in the third-quarter of the ongoing financial year. Pulled down by sluggish manufacturing, growth during the first-quarter of the financial year fell