Petrochem demand to shoot up
The overall demand in petrochemicals will have an impressive compounded annual growth rate of 15%, in the next few years. The petrochemicals sector in India has developed substantially and the growth rate has been around 10% in production and consumption of petrochemicals.

Dual credit rating must for companies
The Sebi-appointed committee set up to frame regulations for credit-rating agencies has made it mandatory for companies to seek dual credit rating for issues of size above Rs 50 crore.

RBI against loans to buy RIBs
The Reserve Bank of India has directed domestic banks not to arbitrage on the high coupon rate of Resurgent India Bonds by extending loans to non-resident Indian (NRIs) for investments in the five-year instrument.

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