Economists are sounding alarms over the escalating fiscal burden of cash handouts and subsidies, with many states facing unsustainable debt levels. Freebies are straining state budgets, diverting funds from development and leading to concerns about long-term financial viability and potential bankruptcy.
Jio IPO breaks multiple records: From fundraising to investor demand, how the mega issue rewrote India’s IPO history
The issue set records across fundraising, anchor investor demand and applications, while attracting the highest qualified institutional buyer (QIB) subscription among India’s five largest IPOs.