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Saturday, November 2, 2024
TopicAxis Bank Ltd.

Topic: Axis Bank Ltd.

Indian government investment vehicle to sell 1.55% stake in Axis Bank, making complete exit

Reuters -
The Specified Undertaking of the Unit Trust of India will sell 46.5 million shares, with the floor price being 830.63 rupees per share.

Easing core inflation could push RBI to cut rates again

Anirban Nag -
Core inflation has remained sticky at around 6% and is a key reason economists cautioned against more rate cuts after last week’s surprise easing.

Blackstone to create India’s first real estate investment trust listing, to raise $1 billion

George Alexander -
India's cash-starved firms, struggling to access liquidity in the current market conditions, could derive huge benefit from this potential deal. 

Launching next week, WhatsApp Pay will attempt to hasten India’s payments

Rahul Satija -
Whatsapp's entry into India’s payments space has been likened to WeChat, which reshaped payments in China when it expanded beyond messaging.

On Camera

YourTurn

Opinion

As a Hindu Canadian, I am deeply hurt by cancellation of Diwali. My community is now sidelined

Ritesh Malik -
Canada faces serious foreign interference issues, but these challenges must not be weaponized to unfairly target friendly and important allies like India.

Countdown to 2027 has begun. India must pick strategic alliance with US, balance with old friendships

AI can fix India’s reputation as a TB hub

Economy

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

ThePrint Team -
In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

Defence

All about Major Bob Khathing, whose daring expedition & diplomatic parleys secured Tawang for India

Smruti Deshpande -
The decorated Naga officer from Manipur also served as envoy to Myanmar & Nagaland chief secy. Defence Minister Rajnath Singh inaugurated a museum dedicated to the Tawang hero Thursday.

National Interest

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

Shekhar Gupta -
While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.

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