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Grantham joined the What Goes Up podcast to discuss the current state of play in markets, as well as some of the long-term risks he’s been studying, like climate change, de-globalization, the return of the Cold War and shortages in natural resources and labor.

The US Fed chairman recently cautioned that interest rates may be pushed higher than previously expected. These comments fuelled worries about a potentially larger rate hike in the coming meeting.The recent robust economic releases have given room for the US central bank to take aggressive measures to taper inflation, which remains far from their targeted levels

It is now up to the Indian government to encourage this ecosystem in a compliant manner. The government has taken great strides already. Be it a TDS on sales or the recent anti-money laundering (AML) provisions under PMLA, the messaging from the government has been consistent: invest fairly and declare the profits

​​For instance, accounting quality is rather a powerful predictor of governance quality. We believe sustainability (ESG) is a culture backed by a history of clean accounts, consistent pro-minority investor actions and thinking very long term. Accounting quality and investment returns have a strong correlation too

Despite the recent downtrend, Indian private capital markets have come of age. At more than US$50 billion a year, private equity (PE) and venture capital (VC) investments represent more

The reserves have been falling as the rupee has been under pressure and the monetary authority has been taking measures to defend the currency from extreme volatility. In 2022 the cost of defending a falling rupee was over USD 115 billion of the reserves.

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Global Surfaces will be open for subscription on Monday to raise funds through an initial public offering. The company will raise Rs 155 crore at the upper price band of the issue. The shares of the company will be listed on both NSE and BSE. The company will be offering 1,10,70,000 equity through the initial public offering through the book-building process.

The market is likely to rebound by the end of the week. Geojit Financial Services chief market strategist Anad James said that five stocks from the Nifty50 index which together weigh a little over 20% in the index, have gone below their respective lows of the day when Nifty hit its recent low. James also said that inflation readings from both India as well as the US will assume high importance.

Gold prices rebounded sharply on Thursday, after the weekly jobless claims came higher than anticipation, softening the expectations ahead of the non-farm payrolls on Friday. Data showed that the weekly jobless claims jumped by 21,000 from the previous week to 211,000 in the week ended 4th March, the most since December 2022 and well above market expectations of 195,000.