Best of BS Opinion: West Asia war, rupee depreciation & RBI’s policy tone
From the economic fallout of the West Asia conflict and lessons from modern warfare to the RBI’s upcoming policy decision and Kanwal Rekhi’s memoir, here are the key views from today’s Opinion page.
This is not a time to be bearish on markets: Rishi Kohli, Jio BlackRock AMC
Given that the last 18 months have been weak in terms of valuations, earnings and technical trends, the outlook for the next 18 months is becoming attractive, he said.
London Metal Exchange halts electronic trading across metals markets
Prices were mixed before the outage, with copper up 0.6 per cent and aluminum down 1.3 per cent
NSE may eye ₹6-7 trillion IPO valuation ahead of long-awaited listing
Despite the potential to overtake HMIL’s IPO in size, the fees paid to investment bankers are likely to be lower than the record ₹493 crore – about 1.77% of the issue size – in the automaker’s listing
Lemon Tree Hotels books long-term stay in West Asia despite conflict
Fleur Hotels demerger expected by April next year; tech bets to expand Keys brand
Trump’s call for countries to send warships to Hormuz brings no promises
U.S President Donald Trump’s appeal to China, France, Japan, South Korea, Britain and others to send warships to keep the Strait of Hormuz “open and safe” brought no commitments on Sunday as oil prices soar during the Iran war. Iran’s Foreign Minister Abbas Araghchi told CBS that Tehran has been “approached by a number of […]
EAM Jaishankar hails talks with Iran to open Strait of Hormuz: Report
Jaishankar says talks with Iran are helping ease shipping risks in the Strait of Hormuz, as an Indian oil tanker sails from Fujairah after a drone attack at the UAE terminal
Ring-fencing the next gen, Indian business families rethink trusts
Succession remains one of the most emotionally and operationally complex areas for Indian family businesses
West Asia war cloud over India’s economic ‘sweet spot’ as oil prices rise
Rising crude prices and trade disruptions from the West Asia war are prompting economists to trim India’s growth forecasts, threatening the economy’s recent “sweet spot”
iPhone FOB value likely to hit $70 billion in 5 years of PLI scheme
Exports in the five-year period accounted for 70 per cent, or $50 billion, of the FOB production value as Apple Inc shipped “made in India” phones across the world