FII inflows surge past $500m in February
Net FII investments have crossed the $500-million mark in the current month, which translates into the largest inflow in a single month in the last one year. The renewed interest in the Indian markets has also attracted fresh FII registrations taking the total to 503 to date.

IDBI slashes bond rates by 150 basis points, offers floating rate instrument
The Industrial Development Bank of India (IDBI) has cut the interest rates offered on the second tranche of the unsecured Flexibonds issue for the current fiscal by one and a half percentage points (150 basis points) to 11% on five-year instruments.

India loses Rs 8,214 cr to disasters every year
The India Disaster Report prepared at the instance of Oxfam has estimated that the annual economic loss on account of disasters in the country is about $1,884 million (Rs 8,214 crore).


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