Wednesday, February 1, 2023

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A man outside Yes Bank branch in New Delhi | Manisha Mondal | ThePrint

Yes Bank’s AT1 bonds tell the tale of broken financial regulation...

RBI must explain rationale behind decisions related to Yes Bank resolution — mis-selling of bonds, delay in resolution & writing off debt over equity
Labourers work at the construction site of a residential building on the outskirts of Kolkata | Reuters

World Bank sees India economic growth slowing to 6.6% in next...

For the South Asian region, growth in 2023 & 2024 is seen at 3.6% & 4.6% respectively. 'This is mainly due to weak growth in Pakistan,' the bank said in its latest economic update.

Defence

Indian Army's BrahMos weapon systems are displayed during a full dress rehearsal for the Republic Day parade in New Delhi | Reuters file photo

India-Russia joint venture hopes to reach $5 billion in supersonic missile...

The joint venture with a 50.5% Indian and 49.5% Russian partnership, hopes to bag orders worth $5 billion by 2025, its chairman said on Tuesday.

Return of the Muslim: From Modi ‘sermon’ to Pathaan to Bharat...

Most key Hindutva/RSS objectives have been achieved, and Modi & BJP now need social calm, at least till summer of 2024. A de-escalation of some sort is on.