Briefing 2024-05-19


FE Team | Published: May 18, 2024 23:09:39


Briefing 2024-05-19

Pink bond: Women to get easy fund soon to turn ideas into action
The securities regulator is framing rules for a new product namely 'Pink Bond' to cater to the financing need of women entrepreneurs. Women having innovative business ideas to set up small and medium enterprises will be given access to funds from angel investors under the initiative. In many cases, they fail to get money from conventional sources like banks and financial institutions for being unable to provide collateral. Page 9
Russia has no plans to capture Kharkiv: Putin
Russian President Vladimir Putin said on Friday during a visit to China that Moscow's offensive in Ukraine's northeastern Kharkiv region aims to create a buffer zone but that there are no plans to capture the city. The remarks were Putin's first on the offensive launched May 10, which opened a new front and displaced thousands of Ukrainians within days. Moscow launched attacks in the Kharkiv region in response to Ukrainian shelling of Russia's Belgorod region, Putin said. Page 14

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