CashNews.co Finance Minister Nirmala Sitharaman on October 21 said India is poised to continue its growth trajectory and is likely to become the world’s third-largest economy by 2027. India currently is the fifth largest economy in the world with a Gross Domestic Product (GDP) of around $3.9 trillion as detailed in a report by the […]
CashNews.co NEW DELHI (AP) — The Indian government plans a new law to punish those making hoax bomb threats against flights, which disrupt the schedules of airlines and cause massive inconvenience to thousands of passengers. In less than two weeks, more than 120 flights operated by Indian carriers have received bomb threats, the Press Trust […]
CashNews.co What’s going on here? Indian companies are buzzing with bond activity: SIDBI, Shriram Finance, and others are launching notable bond offerings with varied strategies and yields. What does this mean? India’s corporate bond market is bustling with action as major players like SIDBI and Shriram Finance introduce fresh bond issues. SIDBI has attracted bids […]
CashNews.co Good morning. India is hot right now with U.S. consumers and companies. When Mattel launched its first Diwali Barbie earlier this month, the doll sold out in a day. U.S. retailers like Target, Costco and Walmart are doubling down on products to celebrate the Indian festival of lights, which will begin this year on […]
CashNews.co What’s going on here? India’s bond market is bustling, with financial giants like LIC Housing Finance and State Bank of India making significant moves to meet market demand. What does this mean? India’s bond market is showing resilience and adaptability with high-profile issuances. LIC Housing Finance attracted 15 billion rupees for its February 2028 […]
CashNews.co Aptus Value Housing Finance India, a midcap company in the finance industry, has recently experienced a decline in its stock price, underperforming the sector by -1.53%. However, the stock is still trading higher than its long-term moving averages. In the last 3 days, the stock has fallen by -8.66%, but experts still have a […]
CashNews.co NEW YORK: The global economic environment may present challenges but India is well positioned to capitalise on new growth opportunities, Finance Minister Nirmala Sitharaman has said, underlining that as nations re-evaluate their supply chains, India hopes to become a key partner for many countries seeking to diversify their sources of goods and services. Sitharaman […]
CashNews.co “We have been celebrating unicorn for many years. But if you just trace back to understand, why does this term exist? This term was actually invented by a venture capitalist in the US in the context of the US, where companies over $1 billion are called a unicorn, which is actually a mythical figure,” […]
CashNews.co India needs to take advantage of the potential for urbanisation to unlock the growth that triggered its rival China, Nobel laureate Paul Romer said, adding that the future would be almost entirely urban. The big question for India right now is how to get the momentum back on urbanisation, the former chief economist of […]
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. India and China have reached an agreement on patrolling arrangements along their disputed border, a senior Indian official has said, paving the way for an easing of tensions between the two nuclear-armed neighbours that […]