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₹27,000 crore worth government securities fully subscribed on Friday
₹27,000 crore worth government securities fully subscribed on Friday

Mint

timea day ago

  • Business
  • Mint

₹27,000 crore worth government securities fully subscribed on Friday

Mumbai (Maharashtra) [India], July 18 (ANI): The central government on Friday auctioned securities worth total ₹ 27,000 crore ( ₹ 15,000 crore maturing in 2030 and ₹ 12,000 crore maturing in 2054). According to Reserve Bank of India (RBI), the government securities was subscribed to in entirety. The 2030 maturing bond will yield 6.01 per cent annualized returns, and 7.09 per cent for the 2054 maturing bond. The underwriting auction was conducted through multiple price-based method today. Primary Dealers have submitted their bids for auction electronically through Core Banking Solution (E-Kuber) System between 09:00 A.M. and 09:30 A.M. on the day of underwriting auction (today). The underwriting commission will be credited to the current account of the respective primary dealers with RBI today itself. Primary dealers are registered entities with the RBI who have the license to purchase and sell government securities. Recently, as many as twelve Indian states raised a total of ₹ 26,900 crore in the latest auction of State Government Securities (SGS), RBI data showed. All participating states accepted the full amount they had notified for the auction. Maharashtra led the fundraising drive, mobilising ₹ 6,000 crore through four securities. The state offered yields of 7.12 per cent for a 22-year security, 7.13 per cent for a 23-year security, 7.15 per cent for a 24-year security and 7.16 per cent for a 25-year security. Following Maharashtra, Andhra Pradesh raised ₹ 3,600 crore through two securities of ₹ 1,500 crore and ₹ 2,100 crore against a lower yield of 6.87 per cent and 6.88 per cent for tenures of 8 and 9 years, respectively. Uttar Pradesh raised ₹ 3,000 crore through one security at a yield of 6.86 per cent for a tenure of 8 years. Uttar Pradesh is followed by Telengana and Punjab, both of which raised ₹ 2,500 crore each. Punjab also gave the highest yield on its security of 7.19 per cent for a tenure of 24 years. Telangana's ₹ 2,500 crore was through three securities, two of ₹ 1,000 crore each, the first at a yield of 7.10 per cent for 32 years and the second at a yield of 7.09 per cent for a tenure of 35 years. The third security of ₹ 500 crore was raised by the state for 38 years at a yield of 7.09 per cent. West Bengal, Gujarat and Bihar raised securities worth ₹ 2,000 crore each. West Bengal at a yield of 7.07 per cent for a tenure of 12 years, Gujarat with a yield of 6.80 per cent for a tenure of nine years and Bihar with a yield of 6.90 per cent for a tenure of 10 years. Other participants in the auction included Odisha, which raised ₹ 1,500 crore through two securities of ₹ 1,000 crore and ₹ 500 crore. First at a yield of 6.98 per cent for a tenure of 12 years and second at 6.13 per cent for a tenure of three years, respectively. Tamil Nadu raised ₹ 1,000 crore through a security with a yield of 6.82 per cent for a tenure of 10 years. Goa raised ₹ 100 crore at 6.89 per cent for a tenure of 10 per cent. RBI had conducted this yield-based auction as part of its regular borrowing calendar for states, helping them meet their capital expenditure and fiscal needs. (ANI)

SGS Proudly Marks 75 Years Of Operations In India
SGS Proudly Marks 75 Years Of Operations In India

India Today

timea day ago

  • Business
  • India Today

SGS Proudly Marks 75 Years Of Operations In India

SGS proudly marked 75 years of successful operations in India with a grand commemorative event, Vishwasotsav, held in New Delhi. The event was graced by several eminent dignitaries and leaders from the Government of India, regulatory authorities, the corporate world and the leadership team at Chief Guest for this event was Hon'ble Shri Piyush Goyal ji, Minister of Commerce and Industry, Government of India. The Guests of Honor included Her Excellency Ms. Maya Tissafi, Hon'ble Ambassador of Switzerland to India and Bhutan; and members from regulatory bodies which included - Secretary General of Quality Council of India Mr. Chakravarthy T. Kannan; Chairman NABCB – Dr. Ravi P. Singh; and Dr. Kaushik Banerjee – Director, Indian Council of Agricultural Research (ICAR). Distinguished attendees included Ms. Geraldine Picaud, Group CEO, SGS; Mr. Steven Du, Head of Asia Pacific Region, SGS and Mr. Amit Thakkar – Managing Director, SGS India, Bangladesh and Sri Lanka - along with prominent leaders from the public and private – A celebration of Trust – marked 75 years of SGS's service excellence in India's Testing, Inspection, and Certification (TIC) industry. The event honored the company's enduring legacy, and its promise of trust delivered to customers. For over seven decades, SGS has empowered industries by upholding rigorous benchmarks in safety, reliability, regulatory compliance and performance - enabling businesses to deliver world-class products and services with confidence. This celebration also highlighted SGS's pivotal role in India's economic and industrial growth, while reaffirming its unwavering commitment to trust, integrity and the highest standards of quality, that continue to define its impact across industries and on the significance of the milestone, Mr. Amit Thakkar, Managing Director, SGS India, Bangladesh and Sri Lanka shared:'With Vishwasotsav, we celebrate more than just a milestone - we celebrate a mission - one rooted in excellence, guided by integrity and built on the trust we've earned over the past 75 years. I take this moment to recognize the strength of our partnerships, the dedication of our people and our common purpose toward quality and excellence that drives us forward. As we look to the future, we remain steadfast in our commitment to shaping sustainable growth, embracing innovation and delivering lasting value to our stakeholders, our communities, and the evolving world around us.'Union Minister of Commerce and Industry, Shri Piyush Goyal said, 'As we enter into MRAs with Switzerland and as the EFTA agreement comes into effect in the coming months, our focus on partnerships and deeper technical cooperation becomes increasingly important. Recognition of each other's laboratories, testing systems and certifications is essential. These MRA's would stand on the strength of high-quality testing, high-quality inspection, high-quality compliance and I am sure SGS will continue to serve this partnership, bring high-quality standards to India and help us in our evolution in a journey towards better and greater quality standards in India - aligned with the Government of India's 'Zero Defect, Zero Effect' vision for world-class, sustainable manufacturing.'Disclaimer: The material, content, and/or information contained within this Impact Feature are published strictly for advertorial purposes. T.V. Today Network Limited hereby disclaims any and all responsibility, representation, or endorsement with respect to the accuracy, reliability, or quality of the products and/or services featured or promoted herein. Viewers or consumers are strongly advised to conduct their own due diligence and make independent enquiries before relying on or making any decisions based on the information or claims presented in the impact feature. Any reliance placed on such content is strictly at the individual's own discretion and risk.- Ends advertisement

Atlas Critical Minerals Reports Strong Initial Rare Earth and Titanium Results from Alto do Paranaiba Project
Atlas Critical Minerals Reports Strong Initial Rare Earth and Titanium Results from Alto do Paranaiba Project

Globe and Mail

time2 days ago

  • Business
  • Globe and Mail

Atlas Critical Minerals Reports Strong Initial Rare Earth and Titanium Results from Alto do Paranaiba Project

Observed Surface Sample Grades up to 28,870ppm TREO and 23.2% TiO2 Belo Horizonte, Brazil--(Newsfile Corp. - July 17, 2025) - Atlas Critical Minerals Corporation (OTCQB: JUPGF) ("Atlas Critical Minerals" or the "Company") is pleased to report strong initial rare earth and titanium results from its Alto do Paranaíba Project (the "Project"), located in the western part of state of Minas Gerais, Brazil. The project demonstrates significant potential for near-surface rare earth and titanium mineralization within the "Mata da Corda" Group geological sequence. SGS Canada, Inc. ("SGS") was retained to prepare technical reports under U.S. Regulation S-K 1300. In particular, Marc-Antoine Laporte and Yann Camus from SGS are Qualified Persons for the Project. SGS is well-known as a global leader in testing, inspection and certification of mineral properties and projects. The Project comprises mineral rights totaling more than 25,000 hectares, strategically positioned within a major volcano-sedimentary geological sequence. The extensive Project area has been divided into three exploration blocks for ease of exploration activities as shown in Figure 1. Figure 1 - Exploration Blocks of the Alto do Paranaíba Project To view an enhanced version of this graphic, please visit: The Mata da Corda Group consists of the sedimentary Capacete Formation crosscut by the volcanic Patos Formation. This geological setting, with its geochemical signature confirmed to be related to Brazilian late Cretaceous Alkaline Provinces, provides outstanding exploration potential for mineralization for both rare earth elements and titanium. Surface Sampling Results The Company's initial exploration campaign has included 770 surface samples (rock and soil), which demonstrated consistently high grades across all three blocks: Block 1 Highlights: 5,984 ppm TREO; 1,700 ppm MREO; 14.8% TiO 2 (Sample APPPA00152) 4,897 ppm TREO; 1,301 ppm MREO; 13.9% TiO 2 (Sample PCP-000019) 4,648 ppm TREO; 1,246 ppm MREO; 17.4% TiO 2 (Sample APPPA00111) Figure 2 - Block 1 Surface Sampling Results Map Indicating Widespread High-Grade TREO Mineralization (>1,500ppm) To view an enhanced version of this graphic, please visit: Block 2 Highlights: 7,091ppm TREO; 2,023 ppm MREO; 11.9% TiO 2 (Sample SPJ-00086) 6,759 ppm TREO; 2,191 ppm MREO; 12.0% TiO 2 (Sample SPJ-00069) 6,405 ppm TREO; 1,643 ppm MREO; 18.6% TiO 2 (Sample SPJ-00008) Figure 3 - Block 2 North Surface Sampling Results Highlighting Multiple High-Grade Zones To view an enhanced version of this graphic, please visit: Figure 4 - Block 2 South Surface Sampling Results Showing Strong Grades in Specific Locations To view an enhanced version of this graphic, please visit: Block 3 Highlights: 28,870 ppm TREO; 7,493 ppm MREO; 16.5% TiO 2 (Sample STG-000014) 16,152 ppm TREO; 3,915 ppm MREO; 6.1% TiO 2 (Sample ATI-089) 10,586 ppm TREO; 679 ppm MREO; 12.7% TiO 2 (Sample ATI-025) 23.2% TiO 2 (Sample SVV-00003) Figure 5 - Block 3 North Surface Sampling Results Demonstrating Extensive Mineralization and Results up to 16,152 ppm TREO To view an enhanced version of this graphic, please visit: Figure 6 - Block 3 South Surface Sampling Results Including Highest-Grade Intercepts To view an enhanced version of this graphic, please visit: Initial Auger Drilling Campaign Delivers Strong Near-Surface Results Initial auger drilling comprised 11 drillholes totaling 144 meters, with 178 core samples analyzed (including 22% QA/QC control samples). The drilling successfully intercepted high-grade, near-surface mineralization: HOLE ID FROM TO LENGTH TREO (ppm) MREO (ppm) TiO 2 (%) DHTI-001 0 21 21 5,139 1,391 13.82 DHTI-001 0 12 12 5,961 1,690 13.27 DHTI-001 0 3 3 7,467 2,452 13.22 DHTI-001 7 12 4 5,825 1,446 16.34 DHTI-002 4 13.8 9.8 6,414 2,091 12.67 DHTI-002 8 13.8 5.8 7,729 2,681 12.45 DHTI-002 11 13 2 8,976 3,396 11.82 DHTI-003 0 7 7 4,067 1,090 11.93 DHTI-004 0 6 6 7,165 1,968 11.51 DHTI-004 0 3 3 9,028 2,393 9.67 DHCA-00001 2 10.3 8.3 3,999 993 14.28 DHCA-00001 6 10.3 4.3 4,706 1,124 15.06 DHCA-00002 3 10 7 3,442 821 15.95 DHCA-00003 2 8 6 3,396 812 11.21 DHPM-00002 4 10 6 3,007 682 14.03 DHPM-00003 1 6 5 3,129 716 13.00 DHLF-00001 3 9 6 3,275 754 13.76 Table 1 - Significant Drilling Intercepts from the Alto do Paranaíba Project Auger Drilling Campaign DHTI-001: 12m @ 5,961 ppm TREO; 1,690 ppm MREO; 13.3% TiO 2 DHTI-002: 6m @ 7,729 ppm TREO; 2,680 ppm MREO; 12.5% TiO 2 DHTI-003: 3m @ 4,713 ppm TREO; 1,311 ppm MREO; 12.9% TiO 2 DHCA-00001: 4.3m @ 4,706 ppm TREO; 1,124 ppm MREO; 15.1% TiO 2 DHCA-00002: 7m @ 3,442 ppm TREO; 821 ppm MREO; 15.9% TiO 2 DHCA-00003: 6m @ 3,396 ppm TREO; 812 ppm MREO; 11.2% TiO 2 DHPM-00002: 6m @ 3,007 ppm TREO; 682 ppm MREO; 14.0% TiO 2 DHPM-00003: 5m @ 3,129 ppm TREO; 716 ppm MREO; 13.0% TiO 2 DHLF-00001: 6m @ 3,275 ppm TREO; 754 ppm MREO; 13.8% TiO 2 Figure 7 - Drill Core Sample DHTI-0004 (0-3.9m) Showing Clay-Hosted Mineralization with 3m @ 9,028 ppm TREO, 2,393 ppm MREO, 9.7% TiO 2 To view an enhanced version of this graphic, please visit: Average TREO grades by block demonstrate consistent mineralization: Block 1 averaged 3,157 ppm TREO; Block 2 averaged 2,312 ppm TREO; and Block 3 averaged 4,906 ppm TREO. Notably, Block 3 showed high Nd+Pr averages up to 1,108ppm. Geological Setting and Mineralization Model The Project area benefits from intense laterization processes typical of Brazil's tropical climate, which has led to enrichment of titanium and rare earth elements within the weathered profile. The mineralized sequence occurs within extensively oxidized zones of the Mata da Corda Group, with drilling reaching maximum depths of approximately 21 meters. The strong positive correlation between rare earth elements and titanium, combined with the sequence's intense magnetism, makes the geological unit highly responsive to geophysical surveys, facilitating future exploration targeting. Figure 8 - Magnetometry Analytic Signal Map Showing Strong Positive Anomalies Associated with Mata da Corda Group Mineralization To view an enhanced version of this graphic, please visit: Quality Assurance/Quality Control All samples were analyzed by SGS Geosol, considered to be the premier analytical laboratory in Brazil and used by major mining companies. Quality control samples, such as blanks, duplicates and standards (CRM) were inserted into each analytical batch. For all analysis methods, the average number of QA/QC represented 22% of the analytical run. Terminology: TREO means Total Rare Earths Oxides, MREO means Magnetic Rare Earths Oxides, and TiO 2 represents titanium dioxide. About Atlas Critical Minerals Corporation Atlas Critical Minerals Corporation (OTCQB: JUPGF) controls a large portfolio of critical mineral rights in Brazil, encompassing over 575,000 acres, and including projects in rare earths, titanium, and graphite — minerals essential for defense applications and electrification. Additionally, we own a quarry for high-quality quartzite and one of our iron ore projects is expected to start production during 2025. Safe Harbor Statement This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended including the timing of commencement of the public offering and the ability of the Company to have its common stock listed on the Exchange. Forward-looking statements are based upon the current plans, estimates and projections of Atlas Critical Minerals and its subsidiaries and are subject to inherent risks and uncertainties which could cause actual results to differ from the forward-looking statements. Therefore, you should not place undue reliance on these forward-looking statements. Risks related to the Company and its subsidiaries are discussed in the section entitled "Risk Factors" in the Company's Form 20-F filed with the Securities and Exchange Commission (the "SEC") on February 28, 2025. Please also refer to the Company's other filings with the SEC, all of which are available at In addition, any forward-looking statements represent the Company's views only as of today and should not be relied upon as representing its views as of any subsequent date. The Company explicitly disclaims any obligation to update any forward-looking statements.

Twelve states raised Rs 26,900 crore via auction of Government Securities; Punjab offers highest yield of 7.19%
Twelve states raised Rs 26,900 crore via auction of Government Securities; Punjab offers highest yield of 7.19%

Canada News.Net

time4 days ago

  • Business
  • Canada News.Net

Twelve states raised Rs 26,900 crore via auction of Government Securities; Punjab offers highest yield of 7.19%

New Delhi [India], July 15 (ANI): Twelve Indian states raised a total of Rs 26,900 crore in the latest auction of State Government Securities (SGS), according to data released by the Reserve Bank of India (RBI). All participating states accepted the full amount they had notified for the auction. Maharashtra led the fundraising drive, mobilising Rs 6,000 crore through four securities. The state offered yields of 7.12 per cent for a 22-year security, 7.13 per cent for a 23-year security, 7.15 per cent for a 24-year security and 7.16 per cent for a 25-year security. Following Maharashtra, Andhra Pradesh raised Rs 3,600 crore through two securities of Rs 1,500 crore and Rs 2,100 crore against a lower yield of 6.87 per cent and 6.88 per cent for tenures of 8 and 9 years, respectively. Uttar Pradesh raised Rs 3,000 crore through one security at a yield of 6.86 per cent for a tenure of 8 years. Uttar Pradesh is followed by Telengana and Punjab, both of which raised Rs 2,500 crore each. Punjab also gave the highest yield on its security of 7.19 per cent for a tenure of 24 years. Telangana's Rs 2,500 crore was through three securities, two of Rs 1,000 crore each, the first at a yield of 7.10 per cent for 32 years and the second at a yield of 7.09 per cent for a tenure of 35 years. The third security of Rs 500 crore was raised by the state for 38 years at a yield of 7.09 per cent. West Bengal, Gujarat and Bihar raised securities worth Rs 2,000 crore each. West Bengal at a yield of 7.07 per cent for a tenure of 12 years, Gujarat with a yield of 6.80 per cent for a tenure of nine years and Bihar with a yield of 6.90 per cent for a tenure of 10 years. Other participants in the auction included Odisha, which raised Rs 1,500 crore through two securities of Rs 1,000 crore and Rs 500 crore. First at a yield of 6.98 per cent for a tenure of 12 years and second at 6.13 per cent for a tenure of three years, respectively. Tamil Nadu raised Rs 1,000 crore through a security with a yield of 6.82 per cent for a tenure of 10 years. Goa raised Rs 100 crore at 6.89 per cent for a tenure of 10 per cent. RBI conducted this yield-based auction as part of its regular borrowing calendar for states, helping them meet their capital expenditure and fiscal needs. The data showed that investor demand remained strong across different tenors, and all states managed to raise their intended amounts without any under-subscription. These auctions are a key for states to fund infrastructure and development projects while maintaining fiscal discipline under the broader macroeconomic framework set by the central bank. (ANI)

HMD T21 tablet launched with 2K display, 8,200mAh battery: Price, specs
HMD T21 tablet launched with 2K display, 8,200mAh battery: Price, specs

Business Standard

time4 days ago

  • Business Standard

HMD T21 tablet launched with 2K display, 8,200mAh battery: Price, specs

HMD T21 tablet debuts in India with 2K resolution display, 8MP front and rear cameras, Unisoc T612 chip, and second screen feature New Delhi HMD has expanded its portfolio in India with the launch of its latest tablet, the HMD T21. The HMD T21 tablet features a 10.36-inch display and packs an 8,200mAh battery. It also supports 4G voice calling, has a kid-friendly content mode, and offers active pen (sold separately) support for those who want to use it for creative tasks. HMD T21: Price and availability Price: Rs 15,999 Colour: Black Steel HMD T21: Features and specifications The tablet sports a 10.36-inch 2K display with SGS low blue light certification to help reduce eye strain during long usage sessions. In terms of sound, the tablet uses OZO Audio playback technology, which is claimed by HMD to improve clarity by reducing background noise. The HMD T21 tablet is powered by the Unisoc T612 octa-core processor, paired with 8GB RAM and 128GB storage. The tablet runs on Android 13, with the Android 14 update already rolled out, and includes features like face unlock, dual stereo speakers, Google Kids Space, and Netflix HD certification. For photography or video chats, the T21 includes 8MP front and rear cameras, both with autofocus and LED flash. Powering the tablet is an 8,200mAh battery coupled with an 18W charger in the box. It also includes a Second Screen feature, allowing the tablet to work as an extra display for your PC, useful for multitasking. Active pen support is available for sketching or note-taking, though the pen is sold separately. The HMD T21 is IP52-rated for basic water and dust resistance. It supports 4G calling, SMS, dual SIMs, and Wi-Fi connectivity. HMD T21: Specifications Display: 10.36-inch 2K (2000×1200) IPS panel, SGS low blue-light certification Processor: Unisoc T612 RAM: 8 GB Storage: 128 GB OS: Android 13 (Android 14 update available) Battery: 8,200 mAh, 18 W wired charging Rear Camera: 8 MP Front Camera: 8 MP Audio: Dual stereo speakers, OZO Audio playback Connectivity: 4G LTE, dual SIM, Wi-Fi, Bluetooth

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