Tuesday, 5 July, 2022
TopicMarket

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

Police in Prayagraj, UP | ANI Photo

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.
Illustration by Soham Sen

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

Indian Naval Air Squadron INAS 324 commissioned at Visakhapatnam | Twitter | @PBNS_India

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.
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