CashNews.co Talk with anyone in international finance now, and the discussion will sooner or later turn to India. The country’s bonds are being added to global indexes, drawing some of the market’s biggest fund managers who are betting on strong economic growth. And Prime Minister Narendra Modi’s ambitions to fashion a developed nation by 2047 […]
India-Mexico trade summit: Nirmala Sitharaman pushes for multi-sectoral cooperation #IndiaFinance
CashNews.co Finance Minister Nirmala Sitharaman on Saturday met her Mexican counterpart Rogelio Ramirez de la O and discussed areas of mutual interest and boosting economic ties between India and Mexico. During the meeting in Mexico City, Sitharaman congratulated de la O for being appointed as Secretary of Finance and Public Credit for a second consecutive […]
India’s HDB Financial to raise up to $1.5 billion in IPO #IndiaFinance
CashNews.co NEW DELHI/MUMBAI (Reuters) – India’s top private lender HDFC Bank said on Saturday its HDB Financial Services unit will raise up to 125 billion rupees ($1.5 billion) in its initial public offering (IPO). Parent HDFC Bank, which holds a 94.6% stake in HDB Financial, will sell shares worth 100 billion rupees, the lender said, […]
India seeks critical mineral agreement with US, hopes for a trade pact, minister says #IndiaFinance
CashNews.co By Shivangi Acharya NEW DELHI (Reuters) – India’s trade minister on Saturday said the country has sought a critical mineral partnership agreement with the United States as he hopes for talks on a broader trade pact between the two nations. “I had suggested that critical mineral MoU (memorandum of understanding) to be converted to […]
Finance Minister Sitharaman proposes India-Mexico partnership through nation’s startup ecosystem #IndiaFinance
CashNews.co She also shared India’s continued focus on infrastructure-related spending as well as on Ease Of Doing Business by removal of around 1,500 archaic laws and around 6,000 compliance regulations across sectors, the finance ministry said. Last Updated : 19 October 2024, 07:36 IS Read More #cashnews #India #finance
India’s Finance Minister Takes Tech Diplomacy Global: Major Moves in Mexico’s IT Hub! – Industry News #IndiaFinance
CashNews.co Finance Minister of India, Nirmala Sitharaman, kicked off her official visit to Mexico in the vibrant city of Guadalajara, a renowned IT hub in Latin America. Her choice of Guadalajara as her starting point underscores India’s commitment to fostering strong technological partnerships with Mexico and strengthening the region’s high-tech ecosystem. During her visit, she […]
Campus notes: Finance Fest at GNDU #IndiaFinance
CashNews.co The Dinero Finance Club of University Business School of Guru Nanak Dev University (GNDU) organised FINANZA-2024, an inter-department Finance Fest in association with Career Launcher and Black Swan Stock Market Academy. Dr Pavleen Soni, Head of the UBS Department, informed that the event was hosted in line with the World Investor Week celebrations. FINANZA-2024 […]
The BlackRock and Jio Financial Services mutual fund joint venture: All you need to know #IndiaFinance
CashNews.co The Securities and Exchange Board of India (SEBI) has provided in-principle approval for Jio Financial Services and BlackRock Financial Management Inc to act as co-sponsors for a new mutual fund. This approval, communicated through a letter dated October 3, was disclosed in a recent stock exchange filing by the company. In conjunction with this […]
India’s central bank lifts restrictions on JM Financial’s non-banking unit #IndiaFinance
CashNews.co (Reuters) – JM Financial said on Friday that the Reserve Bank of India has lifted the ban on one of its units, allowing it to resume financing activities related to shares and debentures, including providing loans for IPO subscriptions. In March, the central bank barred JM Financial Products from giving out loans against shares […]
Jio Finance says it would tie up with Blackrock Inc to enter India’s asset management segment #IndiaFinance
CashNews.co Jio Finance announced in an exchange filing on Friday about its partnership with Blackrock Inc, the world’s largest asset manager, to venture into India’s asset management industry. The collaboration includes submitting an application to SEBI on October 19, 2023, to be co-sponsors for a mutual fund. After receiving in-principle approval from SEBI on October […]