The 8.27% G-Secs maturing in 2020 climbed to Rs 103.26 from Rs 103.20, while its yield edged- down to 7.31% from 7.33%. The 7.59 percent G-Secs maturing in 2026 and the 7.88% G-Secs maturing in 2030 rose to Rs 100.6875 from Rs 100.6750 and Rs 100.97 from Rs 100.95 previously, while its yield remained steady at 7.49% and 7.76 respectively. Recovery in sales can be attributed to higher commodity prices, depreciation INR, higher government spending and lower base. After 5 quarters of contraction, sales growth turned positive in Q4 to 5.6% (ex oil & financials) for Sensex and Nifty companies. Foreign airlines are currently allowed to own as much as 49% in a local airline.

Source: Economic Times June 10, 2016 02:17 UTC