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Prem Watsa’s Indian bank prepares for stock market listing in 2019

It's the first time the Reserve Bank of India allowed a foreign firm to take a majority interest in a local lender.
Commuters and pedestrians walk past the Chhatrapati Shivaji Terminus railway station in Mumbai (Representational image)

Overseas investors sell India’s govt bonds, but still have faith in corporate debt

Investors sold Rs 33.5 billion of government debt this year.
Aerial view of a beach in Gabon | plantravel.ru

Gabon is now a hot destination for Indian investors. But where is Gabon?

Gabon is a resource-rich country on west coast of Africa & dozens of Indian firms have found it attractive to set up shop.
Sensex

India’s Sensex set for biggest gain in two years on rebound

The stock index had fallen into a so-called correction last week after sliding more than 10 percent from a peak in August.
$19 billion fund head favors risk in India poll season

$19 billion fund head favours investing against the crowd in Indian poll season

Nilesh Shah says Karnataka polls will impact national elections in 2019. But hard to predict if India will re-elect majority govt.
A share broker monitors market fluctuation

On BSE, total investor wealth plummets by Rs 10 trillion

Total investor wealth, measured in terms of cumulative market value of all listed stocks on BSE, fell by Rs 10 trillion in past three trading sessions to Rs 143 trillion

On Camera

How, and why, we learned to stop worrying and love the electoral bonds

Modi government’s electoral bonds scheme has several benefits that its critics ignore. But even their criticisms are without merit.
tiktok app

Google, Apple stop TikTok downloads: Is HC order quashing small town India’s creative joy?

Google and Apple have blocked downloads of the video-sharing app TikTok in India in compliance with the Madras High Court order.

Defence

Satellite images suggest that China is testing and weaponising its naval platforms for space denial

China is now testing laser ASAT weapons from its naval ships

China has already tested missile & EMP anti-satellite weapons from the ground. Now it’s using icebreaker ships in the Yellow Sea/Bohai Sea area.
National interest

Imran Khan’s ‘support’ for Modi shows BJP has walked into its own Pakistan trap

Modi & the BJP hope to return to power by exploiting the fear of Pakistan. Imran Khan has turned the tables and become a factor dividing Indian public opinion.