'An interest rate hike in Japan, was the initial catalyst, this was compounded by fears of a recession in the USA after extremely poor jobs data,' said Santosh Meena, Head of Research, Swastika Investmart Ltd.
KKR, which jointly holds Serentica with billionaire Anil Agarwal’s Twinstar Overseas Ltd, had committed to invest $400 million in the company in November.
By Bharath Rajeswaran BENGALURU (Reuters) - Inflows into Indian equity mutual funds jumped over 25% sequentially to 156.86 billion rupees ($1.91 billion) in February, the highest in nine months, data
Despite being India’s most valuable lender, HDFC Bank so far hasn’t been able to exploit its strong balance sheet to make inroads into this competitive market.
In India, Nomura expects equal revenue contributions from equity capital markets, mergers, acquisitions & financing. More initial public offerings are also expected this year.
Just as India’s educated elite have benefited from missionary-run schools, temple donations could be channelled for the economic and educational upliftment of Hindus.
Research paper, however, finds lowest indebtedness level among Muslims at 12.3% & highest among Hindus at 14.9%. Overall national financial inclusion level at 87.2%, indebtedness at 14.7%.
Fresh details of operation conducted by IAF, Army have come out in gazette notification giving citations of those who were awarded Vir Chakra for their bravery.
On 21 Oct, a buzz went up that the govt had released full list of gallantry award recipients along with Op Sindoor citations. I put an AI caddy on the job. It took me into a never-ending rabbit hole.
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