Financial Insights That Matter United States President Donald Trump’s claim that $21 million (about Rs 182 crore) was granted for “voter turnout in India” has stirred a political row here. While he repeated the remark several times, a recent annual report by India’s Ministry of Finance has revealed how $750 million (around Rs 6,501 crore) […]
‘Jhoot brigade’: Congress cites finance ministry report to target Centre on USAID funding | India News #IndiaFinance
Financial Insights That Matter NEW DELHI: Congress on Monday pointed to Union finance ministry report to target Centre on US Agency for International Development (USAID) funding claims to India.Congress leader Jairam Ramesh in a post on X accused the government of lying, emphasising that the seven projects listed in the finance ministry report have no […]
Managing finances across borders? Finding the right collaborators is crucial. #IndiaFinance
Financial Insights That Matter Receiving an inheritance can be complex, especially if it involves cross-border transfers. Diya (name changed), a 60-year-old woman, found herself in a difficult situation when her father passed away in February 2023. She had dual US and Norway citizenship and an Overseas Citizen of India (OCI) card, and had been living […]
Renewable Energy Finance: India Aims for 500 GW by 2030: Rediff Moneynews #IndiaFinance
Financial Insights That Matter India’s renewable energy target of 500 GW by 2030 requires Rs 32 lakh crore investment. Union Minister Pralhad Joshi calls for a national movement to mobilize finance and outlines key strategies. Mumbai, Feb 24 (PTI) Mobilising finance is key to achieving 500 GW of renewable energy production by 2030 and the […]
Increased Focus on Supply Chain Finance, Expansion of Green and Sustainable Trade Finance #IndiaFinance
Financial Insights That Matter Company Logo Indian Trade Finance Market Indian Trade Finance Market Dublin, Feb. 24, 2025 (GLOBE NEWSWIRE) — The “India Trade Finance Market, By Region, Competition, Forecast & Opportunities, 2020-2030F” report has been added to ResearchAndMarkets.com’s offering. The India Trade Finance Market was valued at USD 2.06 Billion in 2024, and is […]
Decarbonizing India’s Steel Industry: How Transition Finance Can Help #IndiaFinance
Financial Insights That Matter Context Steel consumption is an essential factor for economic growth. Steel contributes significantly to developing sectors such as railways, construction, automobiles, etc. A similar growth pattern exists between India’s gross domestic product and steel production[1]. While the steel demand has plateaued in most advanced economies, it is growing with a CAGR […]
USAID Funds Flowed Into Economic Projects In India In 2023-24, Not Voter Turnout: Finance Ministry Report | Economy News #IndiaFinance
Financial Insights That Matter New Delhi: While US President Donald Trump has launched a scathing attack on USAID’s funding in India, the annual report of the Nirmala Sitharaman-headed Finance Ministry shows that the assistance of $750 million provided by the US agency flowed into government projects linked to food, agriculture, rural development, energy and the […]
Bain Capital closes in on likely $1 billion Manappuram Finance deal #IndiaFinance
Financial Insights That Matter Mumbai|Kolkata: Bain Capital is finalising a deal with the promoters of Manappuram Finance to buy a controlling stake in the Kerala-based gold loan provider and non-bank lender, people aware of the development said. The Reserve Bank of India lifted restrictions on the latter’s subsidiary, Asirvad Micro Finance, a month ago.The promoter […]
USAID funded 7 projects in India in FY24 but… : What finance ministry report says #IndiaFinance
Financial Insights That Matter New Delhi, Feb 23 (PTI) Amid a raging political controversy over USAID’s alleged role in influencing Indian elections, the latest annual report of the finance ministry has disclosed that the agency funded seven projects worth $750 million in 2023-24. “Currently, seven projects worth a total budget of $750 million (approx.) are […]
USAID allocates USD 750 million for 7 projects in India in FY24, no funding for ‘voter turnout’: FinMin report #IndiaFinance
Financial Insights That Matter USAID allocated USD 750 million for seven projects in India in FY24, focusing on sectors like agriculture, health, and renewable energy, with no funding for voter turnout. Amid growing political controversy over the alleged role of the United States Agency for International Development (USAID) in influencing Indian elections, […]