Finance

Govt announces the Sale Issue/Re-issue of 4 securities

The Government of India (GoI) has announced the Sale (Issue/Re-issue) of (i) ‘5.09 percent Government Stock, 2022’ for a notified amount of Rs 3,000 crore (nominal) through price based auction, (ii) ‘New 10 Year Government Stock, 2030’ for a notified amount of Rs 18,000 crore (nominal) through yield based auction, (iii) ‘GoI Floating Rate Bonds, 2033’ for a notified amount of Rs 4,000 crore (nominal) through price based auction, and (iv) ‘7.19 percent Government Stock, 2060’ for a notified amount of Rs 5,000 crore (nominal) through price based auction. […]

Business

Single window system to be set up soon for industrial clearances and approvals

The Government is soon going to set up a single window system for clearances and approvals of industry in the country.Talking to the sovereign wealth funds, the foreign pension funds and others on ease of doing business and investments in infrastructure sector in India, Commerce and Industry Minister Shri PiyushGoyal said that this would be a genuine single window and all the concerned State Governments and Central Ministries are being taken on board for the system. […]