Reliance Jio Infocomm is reportedly planning to raise additional funding of Rs 12,300 crore through external commercial borrowings (#ECB) to support its 5G capex
Read more here 👇
https://bit.ly/3CH5fwK
Read more here 👇
https://bit.ly/3CH5fwK
Moneycontrol
Reliance Jio plans to raise Rs 12,300 crore through ECB to meet 5G capex needs: Report
In July, RBI doubled the ECB limit under the automatic route to $1.5 billion in one fiscal year and allowed FPIs to invest in more debt securities.
The European Central Bank’s warning that aggressive interest-rate hikes are far from over is raising the stakes for the euro region, just as a #recession takes hold. More half-point moves are in store, Christine Lagarde, #ECB President said
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Read more👇
https://bit.ly/3FVNhth
Moneycontrol
ECB is doubling down on rate hikes just as a recession bites
Every increase in borrowing costs, including Thursday’s half-point move, advances the fight by Frankfurt officials against rampant inflation — but also risks a higher toll on the economy
India, US and Eurozone #inflation; #ECB rate; #China industrial production data, and more
Here are the key economic events in India and from around the world to get you started for next week 👇🏻
https://bit.ly/3mMKECV
Here are the key economic events in India and from around the world to get you started for next week 👇🏻
https://bit.ly/3mMKECV
Moneycontrol
Key events next week: India, US and Eurozone inflation; ECB rate; China industrial production data, and more
Here are the key economic events in India and from around the world to get you started for next week.