A case for holding fuel prices and SEBI’s confusion over IPO pricing

Runaway fuel prices will be ruinous as will the market regulator assuming the role of investment banker.

Furquan here. It’s been a hellish start to the day. Ukraine is getting bombarded by Russian missiles and everything from markets to crude has been left shell-shocked. There’s nothing to stop the government from raising fuel prices once the ongoing assembly polls get over. But what if there is, and the government could hold on? That’s something the Securities and Exchange Board of India should also try. When it comes to the contentious IPO pricing issue, the market regulator seems to be just shooting in the dark. Read on. 

Government should spring a surprise, hold fuel prices

An announcement of …


Advait Palepu

Advait is a financial journalist and a former writer at The Morning Context. Here, he wrote on India’s banks, the wider financial services industry and the fintech ecosystem. He has previously worked with the Economic and Political Weekly, Business Standard, BloombergQuint and MediaNama, where he covered everything from the Reserve Bank of India to fintech policy.





Furquan Moharkan

Furquan leads the banking coverage at The Morning Context. A business journalist with eight years of experience and a best-selling author, in his earlier stints as a reporter with the Deccan Herald and a columnist at The Banker, he wrote on banking, financial markets and regulatory affairs. He has extensively covered India's debt market crisis, banking crisis and the fall of Yes Bank.

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