Edward Johnson 
NEW DELHI: Brainbees Solution, which operates omnichannel businesses of kidswear under the brand name FirstCry, has filed papers for its initial public offering (IPO) with markets regulator Sebi. While the size of the IPO is not yet known, it includes a fresh issue of shares worth up to Rs 1,816 crore. The offer for sale … Read more
Pakistan’s current economic model is not working, a top World Bank official has said, underlining that the cash-strapped nation must change policies that have plagued development and benefitted only a few. The remarks by World Bank Country Director Najy Benhassine came in a Policy Vision article, published in the latest UNDP publication. Pakistan’s current economic … Read more
The postcode was an exclusive area of London and the four-storey, period building was something an estate agent might describe as “magnificent” and “imposing”. A man escorted me to a side door in near darkness. The door opened and as soon as I was in, it closed quickly behind me. The inside of the property … Read more
For five consecutive policy reviews in 2023, the Reserve Bank of India (RBI) chose to hold rates, citing inflation threat. And when the prices did cool off a bit, it reminded all about the target to get the headline consumer price inflation at 4 per cent and the risks from food inflation. Heading into the … Read more
I found eight parcels on my doorstep left by Evri. Only one was for me. I tried to contact Evri by phone (no answer), email (there is no public email address that works) and online chat to let them know I had parcels belonging to other people. During the online chat, the chatbot gave me … Read more
A rapper, Nikolai Vasilyev, popularly known as Vacio, has been sentenced to 15 days in jail and fined 200,000 roubles ($2,182) after attending a celebrity party in Moscow’s Mutabor nightclub wearing only a sock to cover his modesty. The event, organized by blogger Anastasia Ivleeva, attracted widespread attention for its provocative nature, taking place amidst … Read more
Introduction: UK economy to ‘turn a page’ in 2024 Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. With just two trading days until the new year, thoughts in the City of London are turning to 2024. How fast will interest rates be cut? Will the UK … Read more
These long evenings at the year’s turn, when dusk seems to fall just after lunch, take me back to the extreme polar night I spent on a small, rocky island off the west coast of Greenland a few winters ago. The inhabitants of the Upernavik archipelago have no sight of the sun from late November … Read more
Indian funds have grabbed seven out of the top 10 spots in the league table of leading small-cap funds across Asia, thanks to some canny stock-picking amid growing investor appetite for cheap stocks with potential to deliver multi-bagger returns. An analysis of nearly 300 Asian small-cap schemes shows DSP BlackRock Micro Cap Fund leading the … Read more
MUMBAI: A trading combination involving Nifty options is gaining prominence among savvy trading desks of institutional investors. The strategy, known as calendar spread, where traders simultaneously sell options contracts in the current month and purchase in the next month, is being recommended by brokers to institutional clients, who see sharp moves in Nifty options’ implied … Read more
