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.

1 min

CAD to be at sustainable levels: Das

Cautions start-ups on risk build-up

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.

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.

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.

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.

1 min

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