National Asset Reconstruction Co remains the preferred bidder to take over Jaiprakash Associates after no competing bid was received. NARCL’s Rs 12,000 crore bid includes cash and security receipts backed by a government guarantee. JAL has been entangled in litigation and is one of the biggest insolvency resolution cases.
Rethinking reserve strategies: Will Central Banks dump the dollar?
Following ‘Liberation Day,’ Trump’s tariff announcements initially triggered market pandemonium, prompting a temporary 90-day pause except for China. Nations face choices: negotiate with the US
April 14, 2025