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Where is India’s crackdown on food safety headed?
In today's episode of The Daily Brief, we cover a deep dive and another story for the day shaping Indian and global markets:
- Where Is India’s Food Safety Crackdown Headed?
We’ll cover:
- Why FSSAI inspections and food safety crackdowns have increased across India.
- Whether state regulators have enough laboratories and resources to enforce food safety rules effectively.
- How proposed warning labels could change packaged food regulations and consumer choices.
- Yes Bank’s ₹8,415 Crore AT1 Bond Problem Returns
We’ll cover:
- Why Yes Bank wrote off ₹8,415 crore worth of AT1 bonds during its 2020 crisis.
- How the Supreme Court ruling could affect Yes Bank’s capital, profitability and shareholders.
- What the judgment means for AT1 bondholders, mutual funds and investor confidence in India’s banking sector.
Audio Timestamps
00:04 Intro
00:57 India’s food safety crackdown
13:16 Yes Bank’s 2020 crisis returns
22:46 Tidbits
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