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Crisil Upgrades Bharti Airtel's Long-Term Rating to AA+; Short-Term Rating Reaffirmed
 CRISIL Ratings upgraded Bharti Airtel Ltd (Bharti Airtel )'s long-term bank facilities and debt plan to 'CRISIL AA+/Stable' from 'CRISIL AA/Stable' on Tuesday. Bharti Airtel's Rs 1,500 crore NCDs have been fully repaid, prompting CRISIL to remove their rating. The rating

Bitcoin Under Pressure as Dollar Rises In Tandem With US Treasury Yields
Bitcoin is retracing its weekend gains, as expectations of tighter monetary policy in the United States push Treasury yields and the dollar higher. The worldwide crypto market valuation is now $1.86 trillion, down 4.56 percent from the previous day. The overall crypto market

Sensex Drops 400 Points As Bond Yields In The US Spike
Benchmark indices fell in trade today with the Sensex dropping 410 points as bond yields in the US rose sharply. The 10-year U.S. Treasury yield hit 1.54% on Tuesday morning, its highest point since June, amid concerns around persisting inflation. This

Household Debt Is High In South Indian States: India Ratings
India Ratings and Research's (Ind-Ra) analysis of the All India Debt and Investment Survey (AIDIS) data shows that the household indebtedness, both in rural and urban areas, was higher in southern states than rest of India over 2013-2019. In 2019,

Government Second Half Borrowing Calendar Sticks To The Script
The 2HFY22 borrowing throws no surprises, with gross at 5.03tn (41.7% of total FY22 borrowing pf Rs 12.1 trillion) and net at 3.77 trillion, says Madhavi Arora, Lead Economist, Emkay Global Financial Services. In a note, she highlighted the following

Man Infra To Consider Interim Dividend, Bonus Issue: Check Details
Man Infraconstruction is a well-known Indian construction firm that specializes in port infrastructure, residential, industrial, commercial, and road infrastructure projects. The board of directors of Man Infraconstruction will meet on Monday, October 4th, 2021 to discuss a proposal for the issuance

ICICI Bank & Amazon India Partner To Offer Instant Overdraft (OD) Facility To Sellers
ICICI Bank declared yesterday that it has collaborated with Amazon India to provide prompt and digital overdraft (OD) facility up to Rs 25 lakh to individual sellers and small companies registered on the e-commerce company's online marketplace, The alliance, which

With Curbs Easing, Securitisation Pool Collections Spring Back, Says CRISIL
Gradual phasing out of social restrictions has improved the monthly collection ratios of securitised pools rated by CRISIL Ratings, which had declined between April and June 2021 following the second wave of the Covid-19 pandemic. The trend in improving collection

Govt Makes This Protocol For Pensioners To Submit Life Certificates
The Department of Pension and Pensioners' Welfare (DoPPW) under the Ministry of Personnel, Public Grievances and Pensions mandated pensioners to follow COVID rules while obtaining Life Certificates. The department has said in view of the Covid pandemic, all Pension Disbursing Banks

Petrol Price Hiked After 22 Days Gap, Diesel Rates Gain On September 28: Check Latest Rates
The state run oil marketing companies (OMCs) in India in line with global oil price surge to its highest since 2018 have now ended their almost three week hiatus in price revision. Petrol rates have been hiked after 22 days by

Hotel Stocks Surged Up To 20% Intra-day On September 27, 2021
Hotel stocks buzzed in trade on September 27, 2021 with majority of the counters ending in the green, gaining between 2-19.6 percent. EIH Associated Hotels topped the chart and ended sharply higher with gains of 19.6 percent, hitting fresh 52-week high

National Digital Health Mission: All You Need To Know
Early today (September 27, 2021) Prime Minister Narendra Modi launched the Ayushman Bharat Digital Mission (ABDM) with an aim to establish the "backbone necessary to support the integrated digital health infrastructure of the country." On the launch, Modi iterated that the

Why RBI Imposed Fine Of Rs 2 Crore on RBL Bank?
The Reserve Bank of India fined RBL Bank 2.48 percent Rs 2 crore on Monday for violating deposit and board composition rules. The private lender was found to be non-compliant in opening five savings deposit accounts for a cooperative bank after

Govt Mandates Pensioners Living Abroad To Submit Life Certificate By This Date
The Department of Pension and Pensioners' Welfare (DoPPW) has issued an office memorandum (OM) seeking annual life certificate from Central government pensioners and family pensioners living overseas. For the continuation of their pension or family pension, all central government pensioners or

Top Cryptocurrency Prices; Bitcoin Recovers, Solana Gains 7%
Following a dip following China's declaration that all cryptocurrency transactions are prohibited, major coins saw low-level buying on Monday, gaining up to 11%. Ethereum was the greatest gainer among the top ten coins, up about 10%. Solana, XRP, and Bitcoin all

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