Category: Stock Tips

India imposed anti-dumping on certain type of Chinese steel

India has imposed an anti-dumping duty of up to USD 185.51 per tonne for 5 years on certain kinds of Chinese steel originating from China. The duties range from USD 44.89 to 185.51 per tonne for the next five years.

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RBI announces steps to increase credit flow to NBFCs

The NBFS stocks continue to remain under stress with this news.  The stress is based on worries that mutual funds (MFs) and other large subscribers to commercial papers issued by NBFCs and housing finance companies (HFCs) would choose to not rollover the securities when they mature.

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