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Tensions rise between India and Pakistan following attacks. Swaminathan Aiyar reports escalating engagements, including strikes near Lahore, Rawalpindi, and Karachi. The Indian Navy is reportedly involved. Despite international calls for de-escalation, both sides ramp up actions. Washington anticipates restraint from these mature nuclear powers. A military solution is unlikely, with a political resolution expected. China's support mitigates Pakistan's financial concerns.
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Given the current US administration, never say never. But I actually think that a lot of investors who used President Trump's first term as a template have certainly been expecting that after the sound and fury a somewhat more palatable midpoint would be reached.
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News and Media
Ravi Infrabuild Projects Limited plans to raise Rs 1,100 crore through an IPO. The company has filed papers with SEBI for approval. The IPO consists of a fresh issue of equity shares. Funds will be used for equipment purchase and debt payment. The construction company focuses on roads, highways, and bridges. Their order book stands at Rs 3,092 crore.
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News and Media
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