Bharti Airtel has approached the Department of Telecommunications to convert its government dues into equity, following Vodafone Idea’s similar move, where the government’s stake increased significantly. This demand arises amidst the government’s reconsideration of waiving interest and penalties on adjusted gross revenue dues.
Rising bond yields and inflation remain key risks for markets: Candace Browning
Global investors are focusing on artificial intelligence driven earnings growth, overshadowing geopolitical concerns. Strong US corporate profits and expectations of easy monetary policy are supporting