CashNews.co Mumbai: Finance Minister Nirmala Sitharaman on Tuesday commended Indian financial sector regulators for doing a “world-class job” and bringing greater transparency into the system. There was a need to be “extremely conscious” about contributions made by them as well, she added. PTI Sebi moots policy on sharing of data New Delhi: Markets regulator Sebi […]
CashNews.co Loan to promote sustainable growth, create jobs and finance green/blue projects Mumbai, October 7, 2024: The International Finance Corporation (IFC), a member of the World Bank Group and the largest global development institution, is partnering with Axis Bank, one of the largest private sector banks in India, to provide a $500 million loan to […]
CashNews.co MUMBAI: Finance minister Nirmala Sitharaman said there is a need to delve into facts before attacking the Sebi chief Madhabi Puri Buch on grounds that Caesar’s wife should be above suspicion. “There’s just no way in which all of us can sit around here and talk about this Caesar’s wife business saying ‘No no… […]
CashNews.co Free India’s first Union Finance Minister R.K. Shanmukham Chetty (1892-1953) was no prominent speaker on personality development. Yet, during his reply to the debate on his maiden Budget, as captured in Hand of Destiny (Vol I), C. Subramaniam, Bharatiya Vidya Bhavan, 1993, Chetty said: “I am one of those who believe that even [when] […]
CashNews.co Last Updated : Oct 08 2024 | 12:04 PM IS Union Minister for Finance and Corporate Affairs Nirmala Sitharaman, has recently emphasised India’s robust macroeconomic fundamentals and its abilities to address multiple uncertainties. In a speech at 3rd edition of Kautilya Economic Conclave 2024, Sitharaman also gave an overview of Indias high economic growth, […]
CashNews.co Over the last 7 days, the Indian market has experienced a 3.6% drop, yet it has impressively risen by 40% over the past year, with earnings forecasted to grow by 17% annually. In such a dynamic environment, identifying stocks with strong fundamentals can be key to uncovering potential opportunities for long-term growth. Top 10 […]
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CashNews.co India last month extended the fiscally precarious Maldives a $50 million interest-free loan, helping stave off a potential default on $500 million in Sukuk bonds. The loan will support coupon payments due this month. The bonds, issued in 2021, were subscribed by countries including Egypt, Pakistan, South Africa and the UK. Sukuk bonds comply […]
CashNews.co India Trade Finance Market India trade finance market size is projected to exhibit a growth rate (CAGR) of 8.60% during 2024-2032. India Trade Finance Market Overview Base Year: 2023 Historical Years: 2018-2023 Forecast Years: 2024-2032 Market Growth Rate: 8.60% (2024-2032) India Trade Finance Market is growing rapidly, driven by increasing international trade and government […]
CashNews.co Chennai: India will be one of the top climate finance beneficiaries of the global carbon tax on aviation and shipping sectors, with a potential of receiving $25 billion, finds the International Monetary Fund. However, the carbon tax can significantly raise international airline tariffs when the CORSIA scheme will cover 90 per cent of international […]