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, […]
Financial Insights That Matter This article is an on-site version of the India Business Briefing newsletter. To receive it in your inbox regularly, sign up if you’re a premium subscriber, or upgrade your subscription here. Good morning. It’s been a week of binary judgments. Should India buy F-35 or Su-57 fighter jets? Did the US Agency […]
Financial Insights That Matter NEW DELHI: The latest annual report of the finance ministry has shed light on the past disbursals of now-scrapped USAID funding to India, which opened a new battlefront between the ruling BJP-led NDA and the opposition parties.In the report, the ministry claimed that the US agency funded seven projects worth 750 […]
Financial Insights That Matter New Delhi: The latest annual report of the Finance Ministry said USAID funded seven projects worth $750 million in 2023-24. “Currently, seven projects worth a total budget of $750 million (approximately) are being implemented by the USAID in partnership with the government of India,” the Finance Ministry annual report for 2023-24 […]
Financial Insights That Matter Tourism Finance Corporation of India Limited (NSE:TFCILTD) shareholders (or potential shareholders) will be happy to see that the Non-Executive Director, Aditya Halwasiya, recently bought a whopping ₹72m worth of stock, at a price of ₹144. While that only increased their holding size by 3.1%, it is still a big swing by […]
Financial Insights That Matter NEW DELHI: The government of India on Saturday appointed former Reserve Bank of India (RBI) Governor Shaktikanta das as Principal Secretary-2 to Prime Minister Narendra Modi, according to an official order.His tenure will be “co-terminus” with the term of the PM or until further orders, whichever comes first.“The Appointments Committee of […]
Financial Insights That Matter Dividend Stocks: Shares of several major companies, which includes International Gemological Institute (IGI) India, Power Finance Corp., Panchsheel Organics, and SBI Cards and Payment Services, are set to trade ex-dividend from Monday, February 24, according to the data collected from BSE. Also Read | Jhunjhunwala-backed multibagger PSU stock sheds 42% in […]
Financial Insights That Matter The National Stock Exchange of India (NSE) and the Indian Institute of Management Kozhikode (IIMK) jointly organized the 2nd Annual Conference on Macroeconomics, Banking & Finance, focusing on the theme ‘Finance for Growth Amid Creative Disruptions’. The event, held at the NSE Corporate Office, brought together industry leaders, regulators, and […]
Financial Insights That Matter There is a crisis in the micro-finance sector every few years. The same allegations on micro-finance institutions (MFIs) surface each time: excessive interest rates; resorting to coercive recovery practices and multiple lending. > The response of the MFIs is also to put the self-regulatory organisations (SRO) – Sa-Dhan and M-Fin at […]
Financial Insights That Matter Global index provider FTSE on Friday, February 21, revealed the list of companies to be included in the March 2025 Semi-Annual Review of its Global Equity Index Series, with adjustments set to take place on March 21, 2025. Company Value Change %Change The following companies will be added to the FTSE […]