India raises spending and avoids “outright populism” in the pre-election budget

Capital expenditure will increase by 33% to 10 trillion rupees in 2023/24 The government targets total borrowing at 15.43 trillion rupees It looks forward to a fiscal deficit of 5.9% in 2023/24, 4.5% by 2025/26 NEW DELHI (Reuters) – India on Wednesday announced one of the largest increases ever in capital spending for the next … Read more

Adani replied to the Hindenburg, saying that he had submitted all that had been revealed

Adani issued a 413-page rebuttal to the Hindenburg Report The short selling report in the US triggered a drop in Adani shares Al-Adani says he adheres to the laws, and the necessary disclosures Adani CFO is confident of the success of the $2.5 billion share sale NEW DELHI (Reuters) – India’s Adani Group on Sunday … Read more

Davos 2023: Greta Thunberg accuses energy companies of throwing people ‘under the bus’

DAVOS, Switzerland (Reuters) – Greta Thunberg called on the global energy industry and its financiers to end all fossil fuel investments on Thursday at a high-level meeting in Davos with the head of the International Energy Agency. During a roundtable discussion with Fatih Birol on the sidelines of the World Economic Forum’s annual meeting, activists … Read more

Asian stocks are slightly higher, and the Bank of Japan is struggling bears on bonds

https://tmsnrt.rs/2zpUAr4 The Bank of Japan is under heavy pressure while defending the yield policy The BoJ’s surrender could lift the yen, hurting global bonds More profits to come, many central bank speakers SYDNEY (Reuters) – Asian stocks rose on Monday as investors waited anxiously to see if the Bank of Japan (BOJ) would defend its … Read more