‘Road to hell’: Fed up with potholes, Kanpur locals stage mock ‘Yamraj’s Gate’ inauguration

Kanpur residents protested rain-damaged roads by symbolically renaming a street Yamraj ka Dwar. They highlighted numerous waterlogged potholes and blamed Nagar Nigam for the difficulties. Traders also reported business suffering due to dilapidated roads and potholes in the city. A deep pothole on Sariya VIP Road led to a legislator’s protest. The legislator entered the…

Global Market: Japanese bond yields rise as BOJ hawkish signals fuel rate-hike bets

Japanese government bonds extended their selloff on Wednesday as hawkish signals from the Bank of Japan strengthened expectations of a near-term rate hike. The five-year JGB yield hit a record 2.295%, while the 10-year yield rose to 3.01%, as investors also weighed rising global yields, higher government borrowing and fiscal spending plans. Strategists expect continued…