MUMBAI: Global investment firm KKR has said that central banks globally will start tightening this year and it has expressed caution on long-duration govt bonds, over-levered 2021 vintage deals, lower-income consumer exposure, and assets dependent on a return to the old regime of low inflation, low rates, and abundant liquidity.In its mid-year outlook report ‘The…
Smriti Mandhana joined Mithali Raj and Harmanpreet Kaur as India’s joint-highest half-century scorer in Women’s T20 World Cup history with her fifth fifty in the tournament, helping India post 170 for 6 against Pakistan in their opening match at Edgbaston on Sunday.Mandhana scored 68 off 44 balls and shared a 91-run partnership with captain Harmanpreet…
BENGALURU: Finance minister Nirmala Sitharaman on Sunday said India remained the world’s fastest growing economy and the uncertainty in West Asia, along with India’s import dependence on three major commodities, resulted in the weakening the rupee against the dollar.“Whenever there is a severe fluctuation or volatility in rupee versus dollar, the RBI intervenes in the…
Mohanlal’s ‘Drishyam 3’ continues its successful journey in theatres even as it approaches its digital release.According to Sacnilk, the film collected Rs 58 lakh net in India on Day 25. So far, the original version has accumulated Rs 96.42 crore net in India. The film has maintained a stable run over the past few days….
MUMBAI: Tech giants such as SoftBank’s shrinking appetite for India investments, more of smaller startup cheques being written by venture capital (VC) funds or the lack of euphoria in domestic stock markets which has now been overtaken by Taiwan in terms of value for that matter—all are somehow reflective of the fact that India is…
SpaceX raised a record-breaking $75 billion through its IPO last week, and two more mega IPOs—OpenAI and Anthropic—are expected soon. Successful closure of all these three offers could mean it’s the global market’s top in the current bull phase, and a major slide could soon follow, one of the world’s leading fund managers has warned.“It…
NEW DELHI: Chief economic advisor (CEA) V Anantha Nageswaran has described the current valuations of AI-related companies as a “bubble”, saying fears about AI-driven job losses may be exaggerated amid intense investor enthusiasm around the technology.Nageswaran said, “The stock market, AI-related stocks and AI-related valuations are definitely a bubble. There is no question about it.”…
Singer Perrie Edwards and her footballer beau Alex Oxlade-Chamberlain, officially tied the knot in Portugal after nearly a decade together.The wedding took place on Saturday in Faro, with family and close friends gathering for the hush-hush ceremony. The happy news comes just months after the couple welcomed their second child, daughter Alanis Valentine, born in…
Actor Ram Charan and his wife Upasana Kamineni Konidela gave fans a heartwarming surprise on the occasion of their 14th wedding anniversary. The couple shared a special family photograph on social media which offered the first public glimpse of their twins, Shivram and Anveera Devi.Rather than revealing the children’s faces, the couple chose a simple…
Ram Charan and Janhvi Kapoor‘s sports drama ‘Peddi’ is maintaining a solid run at the box office. The film witnessed another growth day on its second Monday.According to Sacnilk, ‘Peddi’ collected Rs 9.20 crore net in India on Day 11. The figure represents a 13.6 percent jump from the previous day’s collection of Rs 8.10…