Business
AI borrowing jumps in low-rated firms
Reported by Arjun Sethi (Fact-Checker) · Economic Times - Markets ·
Reported by one source so far
Representative image · PexelsLow-rated companies are borrowing a lot more money for artificial intelligence projects this year. This surge in debt has caught the attention of investors who are now looking closely at the financial numbers behind these plans. Lenders want higher returns and extra pay to make up for the big risks involved in these loans. People still want steady income sources, but buyers have low interest in poor-quality artificial intelligence credit. Borrowing costs have jumped up quickly as companies lower down the credit scale try to get loans, which makes it harder to get funding.
More in Business
Representative image · PexelsBusinessVerified — Confirmed by a second source: Google News - USA BusinessMajor
Global Stock Indexes Fall as Bond Yields Surge Near 2002 Highs
Reported by Siddharth Deshmukh (Staff Writer) · Economic Times - Markets ·
Representative image · PexelsBusinessUnconfirmed — Reported by one source so farImportant
Sebi has revamped its Document Number Verification System, making a letter's subject matter a mandatory field for authentication of regulatory letters.
Reported by Danish Ansari (Fact-Checker) · Economic Times - Markets ·
