Dust storms in Delhi lead to poor air quality
⁃ AQI of 445 (severe)
⁃ Situation likely to remain same for 2 days
⁃ At certain points in the day AQI was 999, beyond max level
⁃ India has 14 of the most polluted cities in the world
US Fed indicates 2 more rate hikes, markets react negatively
⁃ Interest rates hiked by 25bps, as expected
⁃ However, it indicated a ‘slightly faster pace of rate hikes’ this year
Comcast offers $65bn for Fox
⁃ Bid 20% higher than Disney’s offer
⁃ Bid follows ruling allowing AT&T to buy Time Warner
FIFA World Cup to commence today
⁃ First match between host nation Russia and Saudi Arabia
⁃ Google Doodle: https://g.co/doodle/hf8ggb
Carlsberg planning India IPO
Interesting
Why are grocery retailers teaming up with tech giants?
Trucaller acquires Indian fintech startup Chillr