India Inc. Faces Higher Borrowing Costs as Short-Term Yields Surge
Indian companies are facing increased borrowing costs due to rising short-term yields. This trend is driven by market expectations of interest rate hikes and the Reserve Bank of India's decision to withdraw liquidity.
Rate-hike bets and RBI’s liquidity withdrawal are driving up funding costs.
READ NEXT
More on the wire
AI TLDR
Four Americans, including a recently married New York couple, were killed in a building collapse in Athens, Greece. The victims also included the woman's brother and his pregnant wife.
AI TLDR
A Tokyo court ruled in favor of an anime voice actor, granting legal protection to human voices against unauthorized AI cloning. The case involved a demand to close a TikTok account using an AI-generated version of the actor's voice.
AI TLDR
Authorities discovered a large quantity of drugs at the Orlando airport. Suspects attempted to conceal the evidence using superglue and tampered luggage tags.