Today’s surge, particularly noteworthy, saw indices climbing by nearly 2 percent. This remarkable rebound coincided with the Reserve Bank of India’s optimistic revision of the FY25 GDP growth forecast to 7.2 percent, up from the previous 7 percent projection. Furthermore, the central bank maintained a steady course by leaving the […]
debt
Authentic Brands Group is seeking to slash the interest costs on a $3.3 billion loan and borrow an additional $400 million to fund an acquisition, marking the latest company to capitalize on a receptive market for risky debt. Arrangers led by Bank of America are attempting to lower the interest […]
Bull markets need fuel, which can come from equity capital or debt, noted ace investor Shankar Sharma in a recent post on X (formerly Twitter). He pointed out that India’s bull market has been driven by two main factors: a sharp increase in public debt-to-GDP from 65% to around 90%, […]