Indian bond yields rise on RBI’s revised liquidity norms

Indian government bond yields edged up, ending a week-long decline, after the Reserve Bank of India’s liquidity management adjustments dampened demand. The benchmark 10-year bond yield reached 6.3365%. Revised RBI guidelines, requiring banks to maintain a buffer on digital deposits,…

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Landowners seek GST relief on joint development pacts

Landowners are contesting Goods and Services Tax (GST) demands on joint development agreements (JDAs), arguing that transferring development rights shouldn’t attract GST. They’ve approached courts in Mumbai, Telangana, and Delhi-NCR seeking relief. The dispute centers on whether this transfer qualifies…

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