Mumbai, March 9 (IANS) Maharashtra Chief Minister Devendra Fadnavis on Monday said that municipal corporations can raise essential funds for various developmental projects by issuing bonds in the capital market, adding that creating “Innovative Funds,” similar to the Nashik Municipal Corporation (NMC) model, will provide a significant financial boost to urban development. The Chief Minister was speaking after performing the ceremonial ‘Ringing of the Bell’ at the National Stock Exchange (NSE…
Latest Capital Market News & Updates
Seoul, Jan 2 (IANS) Bank of Korea (BOK) Governor Rhee Chang-yong on Friday projected the economy, when excluding the information technology (IT) sector, to grow 1.4 percent this year, forecasting widening disparities across sectors.”The IT sector is expected to lead growth this year on the back of a global semiconductor upcycle. If we exclude its contribution, economic growth would be limited to 1.4 percent,” Rhee said in his New Year’s address, reports Yonhap news agency.In its latest outlook r…
New Delhi, Dec 22 (IANS) India’s capital market infrastructure sector, comprising brokers, stock exchanges, depositories and registry and transfer agents (RTAs), generated revenues of over Rs 700 billion in FY25, a report has said.The report from global brokerage Jefferies said the growth in revenues was due to rise in market volumes and increasing investor participation. The sector’s outlook will be shaped by faster growth in select segments, diversification into adjacent businesses and res…