States borrowing cost slips to 7.67 per cent

States borrowing cost slips to 7.67 per cent

After hitting a near three-year high last week, the average cost on states’ borrowings has eased a tad this week’s auction by 4 bps to 7.67 per cent amid lower-than-indicated issuance. According to Icra Ratings, the weighted average cut-off or pricing of bonds eased by 4 bps to 7.67 per cent even as the supply … Read more

World’s costliest whisky creates another record, one bottle sold for $2.7 million

World’s costliest whisky creates another record, one bottle sold for $2.7 million

A bottle of Scotch whisky has made history by selling for a staggering 2.2 million pounds ($2.7 million) at a recent Sotheby’s auction in London. This sale has set a new record for the highest auction price ever paid for a single bottle of wine or spirits. The Macallan Adami 1926, known as the “most … Read more