CashNews.co The Indian government confirmed the first case of Mpox on Monday, raising alarms over the transmission of the virus in the country. The development coincides with the prevalence of other infectious and vector-borne diseases like malaria, dengue, chikungunya, etc, raising concerns about rising medical costs. The World Health Organisation (WHO) declared the clade 1 […]
CashNews.co In fact, J.P. Morgan is now set to include Indian fixed-income assets into its emerging market global bond index, which will surely stimulate demand for rupee-denominated assets. The carry trade is a foreign exchange strategy that focuses on borrowing at a low interest rate in one country and then investing those funds in an […]
CashNews.co THE FINANCE Ministry has shot down a proposal from the Agriculture Ministry to provide a one-time incentive of Rs 20,000 per hectare to farmers who adopt natural farming, saying it was much higher than what was earlier approved, The Indian Express has learnt. The Agriculture Ministry under Shivraj Singh Chouhan had circulated a Cabinet […]
CashNews.co Fortune IndiaAutomakers must engage with local chip manufacturers: Maruti Suzuki MD & CEOOne of the most critical components in India’s journey to become self-reliant is the semiconductor, says Takeuchi..13 hours ago Read More #cashnews #India #finance
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. India’s Adani Group has warned Bangladesh’s new government that its backlog of overdue payments has become “unsustainable”, as the country falls $500mn behind on dues from a contentious power project. The overdue power liabilities […]
CashNews.co MUMBAI, India, Sept. 9, 2024 /PRNewswire/ — Tradewind Finance, an international trade finance company, has completed a USD 900,000 credit facility for an Indian seafood exporter specializing in frozen shrimp. The facility is providing additional working capital for the company to support their growth in line with increasing demand for their value-added shrimp product, […]
CashNews.co The Rs 6,560-crore ($782 million) initial public offering (IPO) of Bajaj Housing Finance was fully subscribed within hours of opening for bidding on Monday, with the total subscription reaching nearly twice the shares on offer by the end of the day. The IPO, which is part of the busiest week for Indian IPOs in […]
CashNews.co Table of Contents Ask the Chatbot a Question Ask the Chatbot a Question India’s government-regulated and largely government-owned banking system is well developed. Its principal institution is the Reserve Bank of India (founded 1935), which regulates the circulation of banknotes, manages the country’s reserves of foreign exchange, and operates the currency and credit system. […]
CashNews.co The second India-Japan Finance Dialogue, attended by top government officials and regulators in Tokyo last week, discussed cooperation in third countries, international issues, and agreed to promote financial cooperation and strengthen bilateral ties, the ministry of finance said on Monday. Japan’s vice minister of finance for international affairs, Atsushi Mimura and Ajay Seth, secretary, […]
CashNews.co AU Small Finance Bank (AU SFB) has joined forces with United India Insurance Company (UIIC), aiming to enhance its insurance offerings. This collaboration will enable AU SFB to provide its customers with a wide range of general insurance solutions including motor, personal accident, crop, property, shopkeeper and cyber incident insurance. It aligns with AU […]