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World Bank to issue SDR bonds in China

World Bank to issue SDR bonds in China

China's central bank today permitted a division of the World Bank to issue bonds denominated in special drawing rights (SDR) in the country's interbank bond market.

Manufacturing sector growth rises to a 4-month high in January: PMI

Manufacturing sector growth rises to a 4-month high in January: PMI

Indian manufacturing sector growth rose to a four-month high in January driven by rising inflows of new business orders from domestic as well as export clients, says a Nikkei survey.

Maruti to invest Rs 4,000 cr in FY16 on new models, marketing

Maruti Suzuki India plans to invest Rs 4,000 crore this fiscal on capital expenditure in order to enhance its leadership position in the market.

Retail MF folios gain 13 lakh in March quarter

Retail investor accounts rose over 13 lakh in mutual fund industry in the quarter ended March 2015, taking their total number to 3.99 crore, a 2-year high.