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MUMBAI: The govt on Friday said that it plans to borrow Rs 8.2 lakh crore between April and Sept this year under its Budget-approved borrowing programme, roughly half of the Rs 16.2 lakh crore in total. The borrowing for the first half of fiscal 2027 would be spread over 26 weekly auctions with about 25%…
MUMBAI: Government bond yields hardened on Monday, with the benchmark 10-year paper closing at a more than one-year high as a larger-than-expected borrowing programme weighed on demand ahead of the policy meeting, even as the rupee posted its best gains since Dec.The benchmark 10-year yield settled at around 6.77%, sharply higher than the previous session…
NEW DELHI: Borrowings of the National Highways Authority of India (NHAI), which had peaked at almost Rs 3.5 lakh crore in 2021-22, is set to fall below Rs 2 lakh crore by March with the entity planning to reduce its debt load.The Centre is directly taking over funding for highway projects, instead of getting NHAI…
