Councils plan return to capital markets
Local councils plan to return to the capital markets en masse for the first time in decades as a result of George Osborne's decision last autumn to raise sharply the rates on central government loans.
PTI / New Delhi July 2, 2009, 15:02 IST The capital market is showing signs of revival, which is visible in the increasing interest and confidence of both the domestic and foreign institutional investors, the Economic Survey for the year 2008-09 said.