Dec industrial output growth slows
India's industrial production growth slowed sharply in December, its slowest pace in two months, adding to pressure on the RBI to start cutting interest rates to help stimulate an economy that is headed for its slowest growth in three years. Full Article
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India states to sell bonds for 33.2 bln rupees-cbank
MUMBAI |
MUMBAI Nov 5 (Reuters) - Eight Indian states will auction ten-year state development loans for a total amount of 33.20 billion rupees on Nov. 11, the central bank said in a statement on Wednesday.
The details on the loans are as follow: ------------------------------------------- State Amt in bln rupees ------------------------------------------- Andhra Pradesh 10 Goa 2 Himachal Pradesh 2 Jammu and Kashmir 2 Madhya Pradesh 5 Meghalaya 1.2 Rajasthan 5 Tamil Nadu 6 ------------------------------------------- Total 33.20 ------------------------------------------- (Reporting by Swati Bhat; Editing by Prem Udayabhanu)
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