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“As pandemic scars heal and supply conditions are restored with productivity gains, a sustained easing of core inflation can be expected, which will reinforce the growth-supportive stance of monetary policy,” said the RBI article, prepared by its economic wing led by deputy governor Michael D Patra.

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Under the alliance, BBL will get committed access to 100 million doses of vaccines annually for 15 years and commercialisation rights of the SILS vaccine portfolio for global markets.

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"JM Financial Products has filed the shelf prospectus and tranche I prospectus with the Registrar of Companies, Mumbai and the Sebi," JM Financial said in a regulatory filing.

Helped by a record rally in equities, the market capitalisation of BSE-listed companies reached its all-time peak of Rs 2,60,78,355.12 crore at close of trade on Thursday.

During the last 18 months, growth-oriented technology companies have raised a sum of around Rs 15,000 crore through IPOs (Initial Public Offerings). Their filings with Sebi at present show a pipeline of around Rs 30,000 crore, he added.

In another transaction, UBS Principal Capital Asia sold 3.39 million shares of IndusInd Bank at Rs. 1,043.5 per share through a block deal on the BSE.

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The other major reform in the pipeline is setting up of a Limited Purpose Clearing Corporation for repo in corporate bonds, Tyagi said at an event organised by industry body CII.

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In a statement, JSW Steel said it has become the first company in the steel sector globally to issue a USD-denominated Sustainability Linked Bonds (SLBs).

The company believes it would also unlock additional value for US shareholders, provide a liquid stock that can be used for local M&A in India, further capital to strengthen the balance sheet beside the additional sell-side research analyst coverage.

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The government said banks have identified bad loans worth Rs 2 lakh crore, which will be shifted to the NARC for resolution, and nearly Rs 90,000 crore of bad debt would be resolved in the first phase.

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