The Securities and Exchange Board of India (SEBI) cancelled the certificate of registration of the credit rating agency due to repeated lapses in the functioning.
According to data, sovereign bonds issued by developing nations like South Africa, China, Indonesia, India and Croatia topped the rankings of 46 markets around the world in 2021.
Infection and death rates have dropped, and as shoppers re-emerge, the economy and consumer companies are posting strong gains, far sooner than most expected.
IndusInd Bank was the top gainer in the Sensex pack, followed by PowerGrid, Dr Reddy's, Sun Pharma and NTPC. Nifty also touched an all-time high of 14,868.85 during the day.
These themes are likely to keep dominating developing economies that collectively account for $30 trillion, or about 34% of global gross domestic product.
In his book, Quest for Restoring Financial Stability in India, the ex RBI deputy governor lists the ongoing challenges to RBI’s independence and how markets can ensure it.
Dining together and taking public transport might risk spreading the disease, but going to a market briefly or a transient encounter while you walk, those are low risks.
Incentivising informal sector workers to save is good, but creating separate schemes for different groups divides an already fragmented pensions market.
Pakistan is doling out Rs 14 crore to Masood Azhar, a designated terrorist, using tax collected from citizens. Allowing its IMF bailout seems to be a reward for the Pahalgam attack.
World Bank data highlights a lack of government programmes that provide women entrepreneurs access to finance and training, which can support them in opening and running a business.
India used multiple types of aircraft, air to surface missiles & air defence systems to inflict damage to PAF. Almost all strikes were covered by high-res recon UAVs & satellites.
Pakistani establishments and their proxies are prone to severe, predictable 7-year-itch. Each step up the escalation ladder buys India about this many years of deterrence on average.
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