CashNews.co (Bloomberg) — Mastercard Inc. is looking to expand its base of partners and services to tap into the growing credit opportunity in India where the use of digital payments has surged. Most Read from Bloomberg Digital transactions in India have jumped 39% to 187.4 billion rupees ($2.2 billion) in fiscal 2024, largely spurred by […]
CashNews.co Finance MagnatesTwo Prop Firms and ThinkMarkets Added to India’s Central Bank Warning ListThe Reserve Bank of India’s warning list has just added another popular FX/CFD broker, ThinkMarkets and two prop firms, FundedNext and Smart….7 hours ago Read More #cashnews #India #finance
CashNews.co carboncopy.infoIndia urges rich nations to lead on climate finance; EU calls for expanded donor baseAs climate finance is set to take center stage at COP29, CarbonCopy brings you a weekly roundup of latest developments in the field..53 minutes ago Read More #cashnews #India #finance
CashNews.co (Reuters) -The Mukesh Ambani-led Reliance Group firm Jio Financial Services is in talks with Germany-based Allianz SE to set up an insurance partnership in India, Bloomberg News reported on Wednesday. Allianz and Jio are looking to set up a general insurance and a life insurance company in India, the report said, citing people familiar […]
CashNews.co What’s going on here? The State Bank of India (SBI) successfully raised 50 billion rupees ($594.9 million) with Basel III-compliant perpetual bondswhile Bajaj Finance is set for its own bond auction. What does this mean? SBI’s move involves the issuance of additional tier-I perpetual bonds, featuring a 7.98% annual coupon. These bonds, part of […]
CashNews.co Union Finance Minister Nirmala Sitharaman. File | Photo Credit: ANI Finance Minister Nirmala Sitharaman stated that India wouldn’t have been the fastest-growing economy if the people hadn’t utilized the digital infrastructure. Also Read: India at forefront of digital revolution: RBI report The Minister emphasized the role of digital infrastructure in making India one of […]
CashNews.co NEW DELHI (Reuters) – India will retain curbs on investment from nations with which it shares a land border, the finance minister said days after the South Asian country struck a pact with China on patrolling their disputed Himalayan frontier. The deal paves the way to end a four-year military stand-off and improve political […]
CashNews.co (Bloomberg) — Shares of Hyundai Motor India Ltd. slid 7.2% in their Mumbai debut on Tuesday, following the nation’s largest-ever initial public offering that drew poor response from retail investors. Most Read from Bloomberg The stock finished its first trading session at 1,819.60 rupees after shares were priced at 1,960 rupees apiece, the top […]
CashNews.co Oct 23 (Reuters) – Indian shares marked a muted open on Wednesday, as the broader profit-booking amid lacklustre corporate earnings and persistent foreign outflows was offset by gains in Bajaj Finance (BJFN.NS)opens new tab . The NSE Nifty 50 (.NSEI)opens new tab rose 0.1% to 24,487.2 points as of 9:24 a.m. IST, while S&P […]
CashNews.co The Indian market has experienced a slight dip of 2.1% over the last week, yet it remains robust with a remarkable 42% growth over the past year and an anticipated earnings growth of 17% annually in the coming years. In this dynamic environment, identifying stocks with strong fundamentals and untapped potential can offer promising […]