Topic: Market
Blackstone’s first-of-a-kind India IPO confronts rate jitters
Firm’s IPO may raise as much as $1 billion but could be delayed should investors demand a higher-than-expected yield.
India’s recovering economy puts June rate increase on table
Growth accelerated to 7.7% in the quarter ending March, making India the fastest growing major economy. Amid growing calls to pull the rate trigger, this might see the RBI increase interest rates as early as next week.
Worse than 2008? Here’s what the emerging market numbers show
According to the Bank for International Settlements, the U.S. dollar credit to non-bank borrowers in developing countries reached $3.7 trillion at the end of last year.
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
YourTurn
India has 71 towns, cities under Police Commissionerate. It just creates hierarchy
There is a need to re-examine not just the 1861 Police Act, but also the colonial practice of four-stage recruitment and the non-involvement of city governments in law and order.
Keep calm and carry on: Unlike wheat, rice isn’t hot yet
The world is worried that India might restrict exports of rice after wheat, pushing prices higher and worsening global food security.
Defence
India’s Eastern Seaboard gets its first naval air squadron INAS 324
With INAS 324, the Indian Navy's Eastern Seaboard will now operate a naval air squadron with HAL’s indigenously built Advanced Light Helicopter.
Moral, political & ideological questions on Maharashtra: 1st is simplest to answer, 3rd trickiest
What is Shiv Sena’s ideology? We might say it’s been a convenient mix of extreme ethnic chauvinism & unforgiving Hindutva. Within the second, the party retained space to manoeuvre.