Quick commerce may drop 10 minute delivery amid strike and government action

Quick commerce may drop 10 minute delivery amid strike and government action

The government move to ask major delivery platforms to drop the 10-minute delivery mandate has prompted quick commerce players to rethink one of the sector’s most aggressive promises. Delivery firms that built their models around ultra-fast fulfilment are now evaluating how to balance speed, safety, cost and worker welfare without the pressure of an across-the-board … Read more

Retail direct gilt account versus FDs and debt funds What you need to know

Retail direct gilt account versus FDs and debt funds What you need to know

Investors who want steady, predictable outcomes from fixed-income investing are increasingly looking at alternatives to conventional debt mutual funds. One structure that stands out is RDG, which, unlike actively managed debt funds, can allow investors to hold individual securities to maturity and collect the contracted cash flows — as long as they do not exit … Read more

Major bank backs cable operator refinancing to reshape private equity debt

Major bank backs cable operator refinancing to reshape private equity debt

JPMorgan is arranging an additional loan of roughly $1.1 billion to help Altice USA refinance debt ahead of an early repayment penalty. The move arrives as creditors remain on edge after a surprise antitrust lawsuit and a controversial debt transaction that unsettled the market. What’s happening The new financing is intended to replace existing obligations … Read more

Rupee slips six paise to close at ninety point two nine against US dollar

Rupee slips six paise to close at ninety point two nine against US dollar

Forex traders say the rupee is likely to trade with a negative bias amid rising risk aversion in global markets and heightened geopolitical tensions. The combination of global uncertainty and capital flow swings is putting pressure on emerging market currencies, and the rupee is no exception. Why the rupee is under pressure Several forces are … Read more