Slice closes $100M round; valuation more than halves
We haven't written up this one. The Economic Times has the full story — the link below goes straight to it.
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Equities Show No Real Signs of Discomfort on Yields, Says Principal’s Shah
Seema Shah, chief global strategist at Principal Asset Management, says the factors behind higher bond yields are “not something that would really stop markets in their track.” (Source: Bloomberg)
How RBI could tackle a liquidity deluge triggered by dollar deposits
The RBI’s special dollar deposit scheme attracted a massive $127.23 billion, pushing India’s banking system liquidity surplus to a record ₹9.70 trillion. The central bank may deploy longer-term VRRR auctions, FX swaps, a market stabilisation scheme, CRR hikes or open-market bond sales to absorb excess liquidity and prevent inflationary…