Retail inflation likely to climb to 4.5-5% in August, say economists

Oil near $100 could further squeeze leveraged private credit borrowers as investors weigh the risk that inflation could push interest rates higher again.

#WATCH 🎥 | Delhi | Prime Minister Narendra Modi presents Russian President Vladimir Putin with a Russian translation of the ancient Tamil classic Thirukkural during their bilateral.

Seven months after the national campaign was launched, Gujarat, Uttar Pradesh, Madhya Pradesh and Mizoram have achieved 100 per cent vaccination coverage

Higher borrowing costs also threaten the stock rally.

Sensex recovered 621.6 points from its intraday low of 74,160.16, while Nifty bounced back 166.7 points from a low of 23,231.40.

ICG Plc is targeting €15 billion ($17.4 billion) for its sixth European direct lending fund as the biggest private-credit managers continue to attract the bulk of new institutional money.