KKR: Leveraged deals from 2021, treasuries to feel pressure

MUMBAI: Global investment firm KKR has said that central banks globally will start tightening this year and it has expressed caution on long-duration govt bonds, over-levered 2021 vintage deals, lower-income consumer exposure, and assets dependent on a return to the old regime of low inflation, low rates, and abundant liquidity.In its mid-year outlook report ‘The…

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Currentvaluations of AI stocks a bubble: CEA

NEW DELHI: Chief economic advisor (CEA) V Anantha Nageswaran has described the current valuations of AI-related companies as a “bubble”, saying fears about AI-driven job losses may be exaggerated amid intense investor enthusiasm around the technology.Nageswaran said, “The stock market, AI-related stocks and AI-related valuations are definitely a bubble. There is no question about it.”…

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NEET leak & jobs: Rahul Gandhi to hold town halls across nation | India News

NEW DELHI: Days after INDIA bloc’s meeting witnessed an intense discussion on NEET and other paper leaks, students’ woes and youth unemployment, Congress has announced that leader of the opposition in Lok Sabha Rahul Gandhi will hold town hall discussions around the country on these issues.The first phase of the party’s nationwide campaign will start…

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With farmers’ income in focus, Bihar govt moves to boost fisheries | India News

NEW DELHI: New initiatives to strengthen Bihar’s inland fisheries ecosystem will be launched with the laying of foundation stones for an integrated aqua park at Bhojpur and a national fisheries development board regional centre in Patna Monday.“These initiatives aim to strengthen Bihar’s inland fisheries ecosystem through modern technologies, scientific resource management, employment generation and value…

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