$104

India's National Bank for Agriculture and Rural Development, or Nabard, has raised ($104 million) 5 billion rupees through a private placement of bonds, a person familiar with the matter said Wednesday. The bank sold three-year bonds paying a yield of 9.65%, with a put and call option after one...

High net-worth individuals, or the rich investors with investment portfolios of Rs 25 lakh and above, who totted up huge losses in this year's price corrections in February and August, are booking profits following the nearly 4,000-point surge in the Sensex since late August. Since the US Fed...