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Last updated: 25 Sep, 2020  
 India Economy
Nirmala Sitharaman
Centre suspends fresh IBC proceedings till Dec
SME Times News Bureau | 24 Sep, 2020
In a major relief for stressed companies amid the pandemic woes, the Centre on Thursday announced the suspension of fresh insolvency proceedings under the Insolvency and Bankruptcy Code (IBC) by three more months till December.
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      Headlines
BSE.9.Thmb.jpg Primary issuances attract most FPI inflows, MFs turn to mid-caps
SME Times News Bureau | 24 Sep, 2020
Inflow of foreign portfolio investments (FPI) surged last month with around $6 billion, or around Rs 47,000 crore, of net investments by overseas investors with a majority meant for primary issuances of shares. 
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Rupee.9.Thmb.jpg Centre allows Rs 9,913 cr additional borrowing by 5 states
SME Times News Bureau | 24 Sep, 2020
The Department of Expenditure, under the Finance Ministry, has granted five states permission to raise additional financial resources of Rs 9,913 crore through open market borrowings. 
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SEBI.Thmb.jpg SEBI rationalises norms to speed up rights issues
SME Times News Bureau | 24 Sep, 2020
In a bid to make fundraising through rights issues faster and cost effective, the Securities and Exchange Board of India (SEBI) on Wednesday rationalised norms and the eligibility criteria and regulations for such issues. 
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Power.9.Thmb.jpg Govt plans InvIT model to monetise even regulated tariff assets of PGCIL
SME Times News Bureau | 24 Sep, 2020
The government proposes to expand the asset monetisation programme of transmission utility Power Grid Corporation by including even the Regulated Tariff Mechanism based assets for sale under the InvlT model. 
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  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 25 Sep, 2020
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