CashNews.co NEW DELHI: As this year’s COP29 UN climate negotiations remain less than three months away, nations are still far from agreement on the summit’s biggest task: to agree on a new funding target to help developing countries cope with climate change.On Thursday, the A climate body published a negotiations document to set out the […]
Corporate Social Responsibility can’t fulfil India NDCs, but blended finance can #IndiaFinance
CashNews.co Source Image: Getty India’s net-zero target investments must go beyond Corporate Social Responsibility (CSR) efforts from the private sector. As per the Companies Act 2013, companies must undertake not-for-profit social welfare activities under the CSR vertical. As per the Ministry of Corporate Affairs data, most Indian CSR projects are undertaken in the education, health, […]
LGBTQ persons can open joint bank accounts, nominate partners as beneficiaries #IndiaFinance
CashNews.co NEW DELHI: Union finance ministry issued an advisory on Wednesday, August 28, clarifying that persons from the LGBTQ community face no restrictions in opening joint bank accounts or nominating their partners as beneficiaries. “This is to clarify that there are no restrictions for persons of the queer community to open a joint bank account […]
‘We also acquire leverage against China’: 16th Finance Commission head Arvind Panagariya makes strong case for allowing Chinese investments #IndiaFinance
CashNews.co Leading economist Arvind Panagariya, who is also the chairman of the 16th Finance Commission, has pitched a strong case for allowing Chinese investments in India, provided they do not pose security threats. Talking to the newspaper, The Economic Times, Panagariya argued that permitting such investments could enhance India’s strategic leverage against China. On June […]
India should welcome Chinese investments, suggests Finance Commission Chairman #IndiaFinance
CashNews.co Finance Commission Chairman Panagariya suggests India should welcome Chinese investments for strategic leverage, despite potential risks. He also advocates for major free trade agreements and further economic liberalization, including reducing tariffs and strengthening the World Trade Organization. Panagariya believes these steps could help India sustain a growth rate of over 7% and potentially become […]
No restrictions on queer couples wanting to open joint bank accounts, clarifies Finance Ministry | India News #IndiaFinance
CashNews.co Queer couples can open joint bank accounts without any restrictions, the Union Finance Ministry has clarified via a notification on August 28 following the Supreme Court’s judgment in the marriage equality case. “In connection with the Hon’ble Supreme Court of India’s judgment dated 17.10.2023 in the case of Supriyo @ Supriya Chakraborty and another […]
LGBTQ Community Members Can Open Joint Bank Accounts And Nominate Partners, Says Finance Ministry #IndiaFinance
CashNews.co Last Updated: August 30, 2024, 08:44 IST Employees wave rainbow flags during an event in support of the LGBTQ+ community during Pride month at an office in Mumbai, India, June 17, 2022. (Reuters) The RBI, in 2015, directed banks to include a separate column ’third gender’ in all their forms and applications to help […]
High Growth Tech Stocks In India Featuring Cyient DLM And 2 More #IndiaFinance
CashNews.co Over the last 7 days, the Indian market has remained flat, although it is up 45% over the past year and earnings are expected to grow by 17% per annum over the next few years. In this dynamic environment, identifying high growth tech stocks such as Cyient DLM and others can be crucial for […]
Excel to AI: Finance depts are changing dramatically #IndiaFinance
CashNews.co Those reimagining their future finance operating models could gain a crucial first-mover advantageThe next generation of financial wizards is being trained not just in accounting and analysis, but in an entirely new skill set – harnessing the power of artificial intelligence to transform how the finance function operates.At the vanguard of this shift are […]
Saudi Arabia’s Hades Financial readies $750m for India investment #IndiaFinance
CashNews.co BENGALURU — Saudi Arabian asset manager Hades Financial Private Capital Group is cranking up India operations with $750 million in funds for alternative investments. The move reflects the Middle East’s growing appetite for investments in the South Asian nation, and is also a blessing for Indian startups as growth capital is in short supply […]