CashNews.co In November 2021, India ratcheted its climate ambitions at the Conference of Parties 26 (COP26) and announced the target to reach 500 GW of renewable energy generation by 2030. India also announced its aim to achieve Net Zero by 2070. India will require ~INR 162.5 thousand crores (USD 2.5 trillion) from 2015 to 2030, […]
India’s expectations from COP29: Focus on equity, finance, and adaptation #IndiaFinance
CashNews.co Outlining its core expectations from the COP29 in ways that respect the unique needs of developing countries, India in Tuesday said it is expecting carbon market mechanism “without creating barriers to trade” and a recalibration of climate finance under the new Goals. India and more than 190 other countries have gathered at this Azarbaijan […]
COP29 kicks off in Baku with focus on new climate finance fund, revisiting global carbon trade poly, and more #IndiaFinance
CashNews.co The United Nation’s climate summit of the year, COP29, took off on Monday in Azerbaijan’s Baku with close to 200 countries in attendance. Discussions on a new climate finance fund as well as revision of trade policy is expected to take centre-stage in the coming two of weeks of negotiations. The ‘finance COP’ this […]
India to seek early adoption of climate finance definition | India News #IndiaFinance
CashNews.co BAKU: India will call for early adoption of the definition of climate finance to bring transparency in the process of its mobilization and continue to engage constructively in all negotiations at the 29th session of the UN climate conference (COP29), beginning here on Monday, said the country’s environment secretary Leena Nandan.“Transparency and predictability within […]
India FinTech Forum Unveils Top 29 Innovators Set to Transform Finance in 2024 #IndiaFinance
CashNews.co You’re reading Entrepreneur India, an international franchise of Entrepreneur Media. The India FinTech Forum has published its 9th Annual List of 29 Fintech Innovators Transforming Finance in 2024. This list celebrates the disruptors and innovators expected to make significant contributions to the financial ecosystem. The India FinTech Forum received an impressive 1,400 applications from […]
Investors see safety in India as Trump win casts shadow on emerging markets #IndiaFinance
CashNews.co By Jaspreet Kalra MUMBAI (Reuters) – Global investors are likely to find relative safety in India’s financial markets from the spillover of Donald Trump’s economic policies, including from any protectionist trade policies that could spark emerging market volatility. Trump’s decisive election victory last week and his impending return to the White House next month […]
India raids offices of sellers using Amazon, Flipkart platforms, sources say #IndiaFinance
CashNews.co By Nikunj Ohri, Aditya Kalra and Arpan Chaturvedi NEW DELHI (Reuters) -India’s financial crime agency has raided offices of some sellers operating Amazon and Walmart-owned Flipkart in an investigation into alleged violations of foreign investment rules, three government sources said on Thursday. The searches come weeks after Reuters reported India’s antitrust body had found […]
Small business going global, thanks to India stack: Finance Minister Nirmala Sitharaman #IndiaFinance
CashNews.co Finance minister Nirmala Sitharaman said on Saturday that India’s use of public money to create digital infrastructure—instead of relying on private players to do so, like in many other countries- —has helped even small businesses grow, innovate and reach markets overseas. The government has created digital public infrastructure (also referred to as the India […]
India to focus on climate finance, accountability, protection for vulnerable communities at COP29 #IndiaFinance
CashNews.co People walk outside the venue for the COP29 U.N. Climate Summit in Baku, Azerbaijan. File | Photo Credit: AP As world leaders and climate negotiators converge on Baku for COP29, beginning Monday (November 11, 2024), India is set to bring renewed focus to the urgent need for climate finance, accountability, and protection for vulnerable […]
India cenbank sees European proposal for oversight of clearing corp as ‘extra jurisdictional’, official says #IndiaFinance
CashNews.co MUMBAI (Reuters) – India’s central bank continues to be in talks with the European Securities and Markets Authority (ESMA) but views the latter’s proposal for supervisory and auditing powers over domestic clearing corporations as “extra jurisdictional”, an official said on Thursday. “We have taken a very consistent stand that ESMA is being extra jurisdictional […]