Keywords: India
India is preparing to issue a new 10-year government bond that is expected to carry a coupon rate above 7%, according to market analysts. This would mark the first time in two years that such a level has been reached, reflecting growing pressure on borrowing costs. The government plans to raise around......
An anonymous review posted on Glassdoor by a developer at Rockstar Games' studio in Bengaluru, India, has reignited debate over crunch culture in the video game industry. The post, which appeared on May 3 and was attributed to a quality assurance analyst at Rockstar India, describes a sharp escalation......
Kotak Mahindra Bank reported stronger-than-expected quarterly earnings, supported by solid loan expansion and lower provisions for bad debts, highlighting continued momentum in India’s private banking sector. The Mumbai-based lender posted a 13% rise in standalone net profit for the quarter ending......
Air India’s search for a new chief executive officer is reportedly narrowing, with two main candidates emerging as frontrunners, according to sources familiar with the process. Vinod Kannan, an executive at Singapore Airlines, and Nipun Aggarwal, Air India’s current head of commercial operations,......
The government of India has appointed Rohit Jain as a deputy governor of the Reserve Bank of India, according to an official government notice. Jain’s appointment will take effect from May 3 for a term of three years. He currently serves as an executive director at the central bank, and his new......
Two months after the outbreak of war in Iran, a global energy shock is forcing millions of households in Africa and South Asia to abandon cleaner cooking fuels and return to charcoal and firewood. The surge in fuel prices has disrupted access to liquefied petroleum gas and other modern energy sources,......
Morocco’s Ministry of Industry and Trade has opened a safeguard investigation into rising rice imports after a formal complaint from two domestic producers. The inquiry, which began on April 13, covers both white and brown rice and comes at a sensitive moment for the agricultural sector as farmers......
India’s fintech sector continues to expand as MobiKwik has received approval from the Reserve Bank of India to operate as a non-banking financial company (NBFC). The announcement, made by its parent firm One MobiKwik Systems, marks a significant milestone in the company’s evolution from a......
India’s West Bengal faces mounting allegations of voter suppression after a large scale revision of electoral rolls removed millions of names just days before a key state election. The process, carried out by the Election Commission of India, eliminated more than nine million voters from official......
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