Regulators are reportedly working to tighten the rules for pledging shares. That’s a welcome step. The pledging of company stock as collateral for a loan is not a responsible use of equity, but it’s common practice. A healthy listed business should not need to pledge shares to raise funding, says
our second edit.
Anger over Delhi’s toxic air has resulted in much action in the last few years: from the introduction of BS VI fuel ahead of schedule to the closing of coal-based power plants. Next, Delhi needs a complete transition to clean fuel: gas or electricity, writes
India’s expenditures on health care are rising. This increases the importance of common goods for health (CGH): the population-scale interventions which reduce the disease burden. Simply put, it means it is better for a person to not fall sick, as compared with going into a faulty health care system, writes
QUOTE OF THE DAY
"We are going to leave by October 31, we have the means and the ability to do so."
-- Michael Gove
, British minister in charge of no-deal Brexit