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In this issue
June 10, 2022
DMRC seeks to raise ₹2.7K-cr loan to pay RInfra
A month after the Supreme Court directed the Delhi Metro Rail Corp (DMRC) to bring ₹4,600 crore out of its coffers for its long-standing liability to a Reliance Infra (RInfra) subsidiary, DMRC has written to 18 banks, inviting bids to raise a ₹2,700-crore loan.
![DMRC seeks to raise ₹2.7K-cr loan to pay RInfra](https://reseuro.magzter.com/100x125/articles/18959/977314/Zzhu1otUr1654832372048/DMRC-SEEKS-TO-RAISE-27KCR-LOAN-TO-PAY-RINFRA.jpg)
1 min
CAD to be at sustainable levels: Das
Cautions start-ups on risk build-up
![CAD to be at sustainable levels: Das](https://reseuro.magzter.com/100x125/articles/18959/977314/3ju4aZtT31654832868583/CAD-TO-BE-AT-SUSTAINABLE-LEVELS-DAS.jpg)
2 mins
₹ slips to fresh low of 77.77/$
The rupee closed at a fresh low for a second consecutive day after it settled at 77.77 per dollar before going to 77.81 per dollar in intraday deals as risk-averse investors continue to pull out from emerging markets amid surging crude oil prices.
![₹ slips to fresh low of 77.77/$](https://reseuro.magzter.com/100x125/articles/18959/977314/YN9VOP91I1654833035551/-SLIPS-TO-FRESH-LOW-OF-7777.jpg)
1 min
Presidential poll on July 18
Election for the next President of India will be held on July 18 in which 4,809 electors comprising members of Parliament and legislative Assemblies (MPs and MLAs )will vote to elect incumbent Ram Nath Kovind's successor, the Election Commission announced on Thursday.
![Presidential poll on July 18](https://reseuro.magzter.com/100x125/articles/18959/977314/w_47YnGl71654833233599/PRESIDENTIAL-POLL-ON-JULY-18.jpg)
1 min
War causing severe cost-of-living crisis no country can escape: UN
Food imports are expected to total $1.81 trillion this year, surpassing an all-time high set last year by $51 billion, the United Nations' Food and Agriculture Organisation said in a report Thursday.
![War causing severe cost-of-living crisis no country can escape: UN](https://reseuro.magzter.com/100x125/articles/18959/977314/7z0wwcXce1654833432303/WAR-CAUSING-SEVERE-COSTOFLIVING-CRISIS-NO-COUNTRY-CAN-ESCAPE-UN.jpg)
1 min
China gives nod to Ant IPO, firm says it has no plan to go public
China's central leadership has given a tentative green light to Jack Ma's Ant Group to revive its initial public offering in Shanghai and Hong Kong, two sources with knowledge of the matter told Reuters on Thursday.
![China gives nod to Ant IPO, firm says it has no plan to go public](https://reseuro.magzter.com/100x125/articles/18959/977314/wUnnXMD_31654831448002/CHINA-GIVES-NOD-TO-ANT-IPO-FIRM-SAYS-IT-HAS-NO-PLAN-TO-GO-PUBLIC.jpg)
1 min
Business Standard Newspaper Description:
Publisher: Business Standard Private Ltd
Category: Newspaper
Language: English
Frequency: Daily
Business Standard is India's leading business daily.
A preferred choice of serious business readers, Business Standard is acknowledged as a quality leader.
Business Standard stands for reporting that stresses accuracy and credibility, commentary that is informed, independent and fair, and journalism that is rooted in ethical conduct and defined by a sacrosanct bond with the reader. All Business Standard journalists sign on to a code of conduct that is available on the website.
Business Standard's editorial team is led by Shyamal Majumdar.
The English newspaper is published from 12 centers - New Delhi, Mumbai, Kolkata, Bengaluru, Chennai, Ahmedabad, Hyderabad, Chandigarh, Lucknow, Pune, Kochi and Bhubaneswar. It is also printed from Bhopal.
The Hindi Business Standard is published from eight centres - New Delhi, Mumbai, Kolkata, Patna, Lucknow, Bhopal, Chandigarh and Raipur.
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