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India introduces first-ever 50-year bonds
ECONOMY & POLICY

India introduces first-ever 50-year bonds

The Reserve Bank of India, in a borrowing plan released, stated that the new bond had been introduced, thereby extending the nation's yield curve, in addition to the 30-year and 40-year tenor debt previously sold. India's $ 1 trillion sovereign debt market is undergoing significant changes due to the burgeoning life insurance and pension fund industries, fuelled by a growing middle class. This shift is reducing the government's reliance on bank purchases to fund its record borrowings, a move supported by the strong demand from investors. Gaura Sen Gupta, an economist at IDFC FIRST Bank, noted in a statement that the robust investor demand could be attributed to the formal sector's expansion, where households are allocating a higher share of financial savings in life insurance, pensions, and provident funds. The authorities are striving to increase the tenure of debt sold. This initiative is fuelled by the anticipation of declining yields following India's inclusion in JP Morgan Chase & Co.'s emerging market index.

The Reserve Bank of India, in a borrowing plan released, stated that the new bond had been introduced, thereby extending the nation's yield curve, in addition to the 30-year and 40-year tenor debt previously sold. India's $ 1 trillion sovereign debt market is undergoing significant changes due to the burgeoning life insurance and pension fund industries, fuelled by a growing middle class. This shift is reducing the government's reliance on bank purchases to fund its record borrowings, a move supported by the strong demand from investors. Gaura Sen Gupta, an economist at IDFC FIRST Bank, noted in a statement that the robust investor demand could be attributed to the formal sector's expansion, where households are allocating a higher share of financial savings in life insurance, pensions, and provident funds. The authorities are striving to increase the tenure of debt sold. This initiative is fuelled by the anticipation of declining yields following India's inclusion in JP Morgan Chase & Co.'s emerging market index.

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Building Material

UltraTech’s Limestone Mine Gets India’s First-Ever 7-Star Rating

UltraTech Cement, India’s largest producer of cement and Ready-Mix Concrete (RMC), has received top honours for sustainable mining practices. Thirteen of the company’s limestone mines were awarded star ratings by the Indian Bureau of Mines (IBM), Ministry of Mines, for FY 2023–24 during a ceremony held in Jaipur, Rajasthan. Among these, the Naokari Limestone Mine—part of UltraTech’s Awarpur Cement Works in Chandrapur, Maharashtra—was awarded India’s first-ever 7-star rating for a limestone mine, in recognition of exceptional performance in ‘Green Mining’. The remain..

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Sieger Parking, a Coimbatore-headquartered specialist in automated and multi-level car parking systems, has announced its entry into Western India with the launch of a regional office in Mumbai. This move marks a key milestone in the company’s pan-India growth strategy and its commitment to delivering technology-driven, space-efficient parking solutions across urban India. The Mumbai office will serve as the regional headquarters for Maharashtra and neighbouring states, supporting end-to-end operations with on-ground sales, project management, and service teams. The aim is to fast-track..

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Resources

IGBC Green Kochi Conclave 2025 Champions Culture and Climate Action

The Indian Green Building Council (IGBC), part of CII, hosted the Green Kochi Conclave 2025 on 4 July at Hotel Holiday Inn, Kochi, under the theme “Tharavadu to Tomorrow: Weaving Kerala’s Heritage into a Sustainable Built Environment.” The event brought together policymakers, architects, developers, and thought leaders to discuss Kerala’s progress in blending cultural heritage with sustainable design.  Kerala is emerging as a frontrunner in climate-resilient development, thanks to passive design strategies, rainwater harvesting, cool roof initiatives, and the widespread adopt..

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