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bronze bull statue at BSE

Newest bank to list, Ujjivan Small Finance debuts with as much as 70% in IPO

Ujjivan Small Finance shares climbed as high as Rs 62.80 before closing the session at Rs 56 in Mumbai, up 51% from the IPO price.

Satin Creditcare, one of India’s top microlender, seeks $900 million to fund loan growth

Credit ratings of Satin haven’t seen a downgrade by any of the four rating companies as the lender doesn’t rely on mutual funds for financing requirements.

On Camera

A woman in a marketplace deserted due to lockdown in Lucknow, Uttar Pradesh | Photo: ANI

India isn’t facing up to the true financial cost of Covid

Truth is currently as scarce as capital in India. The govt doesn’t have the appetite for large-scale socialisation of private losses, lest the opposition accuse PM Modi of cronyism.

Defence

A file photo of Pangong Lake in Ladakh | Visharad Saxena | Special arrangement

India, China generals meet today as ‘PLA keeps up Pangong incursions, blocks army at Depsang’

The fresh round of dialogue comes as India and China have hit a stalemate in military talks with regard to disengagement at multiple flashpoints in Ladakh.
Illustration: Soham Sen | ThePrint

Modi redefined secularism with Ram Mandir as Hindu voters were fed up of Sonia-Left version

Assumptions that Indian secularism died with Ram Mandir bhoomi pujan are bunk. It is enshrined in the Constitution, and is worth preserving.