Petrol hike pumps hope for India
Raising prices at petrol pumps is never likely to be popular. India's brave decision will also prove meaningless unless it is followed by bolder action to cut the more generous diesel subsidies. But the direction of travel is right and if the journey continues India could just turn a corner, writes Jeff Glekin. Full Article
Reuters Showcase
Reuters India Mobile
Get the latest news on the go. Visit Reuters India on your mobile device. Full Coverage
TABLE-Indian money market inflows in DECEMBER
SDL 8.39% 2017 Interest Dec 18 419.50 ( 3 States) SDL 8.40% 2017 Interest Dec 18 126.00 ( 2 States) SDL 8.42% 2017 Interest Dec 18
465.56 ( 5 States) SDL 8.43% 2017 Interest Dec 18 210.75 ( MADHYA PRADESH ) SDL 8.45% 2017 Interest Dec 18 25.35 ( ANDHRA PRADESH ) SDL 8.48% 2017 Interest Dec 18 0.85 ( ARUNACHAL PRADESH ) SDL 8.50% 2011 Interest Dec 18 37.40 ( 2 States) SDL 8.52% 2017 Interest Dec 18
18.85 ( ASSAM ) SDL 8.58% 2017 Interest Dec 18 131.72 ( J&K ) SDL 8.60% 2011 Interest Dec 18 2.22 ( ARUNACHAL PRADESH ) 91 days T-Bill
Redemption Dec 18 50000.00 364 days T-Bill Redemption Dec 18 12500.00
---------- Total 66080.8464
---------- Up to Friday, Dec 25 SDL 7.03% 2018 Interest Dec 21
351.50 ( GUJARAT ) SDL 6.80% 2012 Interest Dec 23 1136.05 ( 22 States) SDL 6.34% 2018 Interest Dec 24 61.96 ( JHARKHAND ) SDL 6.38% 2018
Interest Dec 24 255.20 ( KERALA ) SDL 6.40% 2018 Interest Dec 24 320.00 ( TAMIL NADU ) SDL 6.41% 2018 Interest Dec 24 372.42 ( RAJASTHAN ) SDL 6.43% 2018 Interest Dec 24 285.40 ( WEST BENGAL ) SDL 6.45% 2018 Interest Dec 24 241.88 ( BIHAR ) SDL 7.80% 2019 Interest Dec 24 19.50 ( MEGHALAYA ) SDL 7.82% 2019 Interest Dec 24 195.50 ( PUNJAB ) SDL 7.83% 2019
Interest Dec 24 1526.85 ( 6 States) SDL 7.84% 2019 Interest Dec 24 196.00 ( UTTAR PRADESH ) SDL 7.89% 2019 Interest Dec 24 394.50 ( BIHAR ) 11.60% 2020 Interest Dec 25 2900.00 91 days T-Bill Redemption Dec 25 50000.00 182 days T-Bill Redemption Dec 25 5000.00
---------- Total 63256.754
---------- Up to Friday, Jan 01 SDL 7.83% 2012 Interest Dec 28
205.05 ( 2 States) SDL 7.90% 2012 Interest Dec 28 177.75 ( 2 States) SDL 8.00% 2012 Interest Dec 28 28.00 ( J&K ) SDL 9.38% 2018 Interest Dec 30 375.20 ( WEST BENGAL ) SDL 9.40% 2018
Interest Dec 30 235.00 ( ANDHRA PRADESH ) SDL 9.59% 2018 Interest Dec 30 479.50 ( UTTAR PRADESH )
--------- Total 1500.50
--------- NOTE: The t-bill redemption value is the total of competitive and non-competitive bids accepted. MSS is the value corresponding to the above bids accepted. SDL: State development loan (Mumbai Rate Reporting Unit + 91 22 6636 9222, E-mail at rru.data@reuters.com)
- Tweet this
- Link this
- Share this
- Digg this
- Reprints
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.
Follow Reuters