Financial Insights That Matter Shriram Finance Ltd. has borrowed $1.28 billion in a multi-currency social loan, notching the biggest ever offshore facility by an Indian shadow lender. The non-bank financial company’s deal is split across the dollar, euro and dirham, Shriram said in a press release Wednesday. The tenors in the multi-tranche deal range from […]
Financial Insights That Matter This is the daily morning update from NDTV Profit. Here’s everything you need to know at the start of your day. Listen to this as a podcast here. There’s caution across the board in global markets ahead of the outcome of the meeting of the Federal Open Market Committee—there’s wide expectation […]
Financial Insights That Matter Aye Finance, a prominent lender focused on India’s small and medium-sized enterprises (SMEs), has announced its intent to raise a substantial $171 million through an initial public offering (IPO). The company detailed its ambitions in a recent filing, highlighting its dual approach to the IPO: a fresh share issue aiming to […]
Financial Insights That Matter Unified Payments Interface (UPI) has emerged as the most preferred mode of financial transactions for rural and semi-urban India, according to a new report released by EY and the Confederation of Indian Industry (CII). The report, titled ‘Financial Inclusion through Technology and Literacy in India: Strategies for Sustainable Growth’, was launched […]
Financial Insights That Matter US President-elect Donald Trump has once again referred to Canadian Prime Minister Justin Trudeau as “governor” following the unexpected resignation of his deputy and Finance Minister, which has thrown Trudeau’s government into turmoil. Chrystia Freeland stepped down abruptly on Monday, citing disagreements with Trudeau, who is now facing internal party opposition […]
Financial Insights That Matter India’s commitment to sustainability has catalyzed the growth of green finance platforms, enabling individuals and businesses to support eco-friendly projects while achieving financial returns. Here’s a spotlight on the top green finance platforms in India in 2024 that are driving the green revolution and leading the way in sustainable investments. Ecofy […]
Financial Insights That Matter Dominic LeBlanc speaks to reporters after being sworn in as Finance Minister at Rideau Hall in Ottawa. (Reuters) Following the sudden resignation of Chrystia FreelandPrime Minister Justin Trudeau’s long-time ally, Dominic LeBlanchas been sworn in as Canada’s new finance minister. The move comes at a tumultuous time for the Canadian government, […]
Financial Insights That Matter Image Source : AP Canadian Finance Minister Chrystia Freeland In a big setback to Justin Trudeau, Canadian Finance Minister Chrystia Freeland on Monday said that she is resigning from Prime Minister Trudeau’s cabinet, hours before the federal government is expected to deliver the fall economic statement. She was Trudeau’s most powerful and […]
Financial Insights That Matter The 29th Conference of Parties (COP29) in Azerbaijan left behind a mixed outcome for India’s climate ambitions. While hailed as a “finance COP,” its outcomes have drawn both applause and criticism from developing nations like India. As the world grapples with the urgency of climate action, India faces both challenges and […]
Financial Insights That Matter EKI Energy Services has taken a significant step forward by joining the Partnership for Carbon Accounting Financials (PCAF) accreditation programme to enhance its assessment of greenhouse gas (GHG) emissions. This global partnership focuses on maintaining transparency and accountability in managing emissions linked to loans and investments. With this accreditation, EKI […]