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...Peak XV is currently holding its portfolio at what it described as a conservative 30 to 40 per cent discount to its last round’s price. “I think we are past the lows,” Singh said....
...Among the most prominent examples is Paytm — one of the first of a generation of technology start-ups to go public in 2021, which is now trading at Rs609 a share, about 70 per cent below its IPO price....
...And here’s what I’m keeping tabs on today: Economic data: Australia reports fourth-quarter GDP figures, while South Korea publishes consumer price index inflation rate data for February....
...Here’s what else I’m keeping tabs on today: Economic data: Russia publishes February consumer price inflation data while the UK releases its January GDP estimate....
...Go deeper: The FT global inflation and interest rates tracker provides a regularly updated visual narrative of consumer price inflation and central bank policy rates around the world....
...Additional contributions from Grace Ramos and Benjamin Wilhelm...
...Just days after picking a public feud with Joe Biden — a self-declared Zionist — Benjamin Netanyahu turned for support to the next most powerful force backing the Jewish state in Washington: the Israel lobby...
...(Modi this year announced a cut in cooking gas cylinder prices on March 8, International Women’s Day.) They “have cemented the BJP’s position among female voters”, she says....
...Benjamin H Bradlow Assistant Professor of Sociology and International Affairs, Princeton UniversityPrinceton, NJ, US...
...But it has struggled to convince investors, with the shares trading at less than half the issue price. Paytm did not immediately respond to a request for comment....
...This would heighten Israeli awareness of the price they are paying for Netanyahu’s coalition....
...The uncertainty and prospect of further political conflict unnerved investors, triggering a sharp fall in the prices of Pakistan’s international bonds on Friday....
...However, global entertainment groups have struggled to make a mark in India, often proving unable to beat local competitors on price or make content with mass appeal....
...Indian media company Zee’s share price fell 27 per cent on Tuesday after Sony called off a merger between the two groups, ending two years of talks aimed at creating a market-leading entertainment conglomerate...
...Pakistan’s import-dependent economy was hit by the surge in commodity prices following Russia’s full-scale invasion of Ukraine in 2022....
...Now, remember, with the bond market, as yields fall, prices go up. The rally blows past what major banks had forecast yields to be by the end of 2024. That’s more than a year early....
...Israeli Prime Minister Benjamin Netanyahu has rejected as “delusional” Hamas’s conditions for a deal to release the hostages it holds in Gaza, warning that accepting the terms would lead to “another massacre...
...Despite the worries, prices of defaulted Sri Lankan bonds have rallied in recent months on expectations that a debt agreement will finally be reached this year....
...Benjamin Parkin Well, one reason was that they traditionally already used gas....
...Share prices of Adani’s listed companies rose slightly following the order on Wednesday, extending a rally that has helped them to recover about half the market value they lost following Hindenburg’s allegations...
...“Oh my God,” says Douglas, who has also noticed the price....
...The company’s share price is down 80 per cent from a 2018 peak....
...Zee’s share price is down more than 50 per cent from a 2018 high, but it has rallied by 45 per cent since June 2023 as confidence in the merger’s success grew among investors....
...Crude prices fell after the unusual move owing to signs of ongoing strains in the group. 5....
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