CashNews.co 5 min read Last Updated : Oct 15 2024 | 3:54 PM IS Despite rising diplomatic tensions between India and Canada, Canadian pension funds have so far remained committed to investing in India. The primary sectors attracting Canadian pension funds include infrastructure, renewable energy, technology, and financial services. According to the National […]
CashNews.co There is no excuse for anyone to arrive at UN Climate meeting (COP29) in Baku without clear political support to make progress on the negotiations related to the new financial goal which is to be set from the floor of $100 billion for the post-2025 period, COP29 President-Designate Mukhtar Babayev said on Monday. COP29 […]
CashNews.co The Indian market has remained flat over the past week but has experienced a remarkable 40% growth over the past year, with earnings projected to increase by 17% annually in the coming years. In this dynamic environment, identifying stocks that combine strong fundamentals with growth potential can offer intriguing opportunities for investors seeking undiscovered […]
CashNews.co The upgraded version of the JioFinance App, developed by Jio Financial Services (JFSL), has officially launched, offering a comprehensive range of digital financial services. The app, which is available on the Google Play Store, Apple App Store, and MyJio, has been refined based on feedback from over six million users during its beta phase […]
CashNews.co (Bloomberg) — Sign up for the India Edition newsletter by Menaka Doshi – an insider’s guide to the emerging economic powerhouse, and the billionaires and businesses behind its rise, delivered weekly. Most Read from Bloomberg Indian sovereign bonds that are eligible for global debt inclusion saw their first weekly outflow since getting added to […]
CashNews.co Aptus Value Housing Finance India, a midcap company in the finance-housing industry, has received a ‘Buy’ rating from MarketsMojo due to its strong long-term fundamental strength and consistent positive results. However, the stock has a high valuation and decreasing promoter stake, which may pose risks for investors. Get Detailed Stock Report Aptus Value Housing […]
CashNews.co Mumbai: India is the largest market for sustainable lending for Standard Chartered along with China, partly driven by the government’s policy push towards net-zero emissions, according to the British multinational lender’s chief sustainability officer (CSO). Policies like support for electric vehicles and related charging infrastructure and the push towards renewable energy are creating “enormous” […]
CashNews.co The head of India’s central bank is warning about AI use in financial services. Reserve Bank of India Governor Shaktikanta Das said Monday (Oct. 14) that the increased usage of artificial intelligence (AI) and machine learning in the financial world can trigger stability risks, requiring proper risk mitigation practices by banks. “The heavy reliance on AI […]
CashNews.co 4 min read Last Updated : Oct 14 2024 | 5:03 PM IS Reserve Bank of India (RBI) Governor Shaktikanta Das on Monday cautioned that while artificial intelligence (AI) and machine learning (ML) have opened new avenues of business and profit expansion for financial institutions, overreliance on them poses financial stability risks. As […]
CashNews.co What’s going on here? India’s top banking official, Shaktikanta Das, has expressed concerns about the risks artificial intelligence (AI) and machine learning present to the financial sector. What does this mean? As AI integrates deeper into financial services globally, the Governor of the Reserve Bank of India warns it might endanger financial stability. With […]