Tag: India

CashNews.co Finance Minister Nirmala Sitharaman said on Wednesday unilateral and arbitrary measures like the Carbon Border Adjustment Mechanism (CBAM) would hurt Indian industry and pose a challenge for India. “I am not sure whether it is WTO compliant, but as a country which has proven its record, and for international agencies to have recognised that […]

CashNews.co New Delhi: Unilateral and arbitrary trade measures implemented by developed economies, such as the European Union’s (EU) Carbon Border Adjustment Mechanism (CBAM), are not helpful for India, at a time when its per capita emissions were only a third of the average per capita emissions globally, finance minister Nirmala Sitharaman said. CBAM, which checks […]

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 finance minister Nirmala Sitharaman has denounced the EU’s planned carbon tax on imports as an arbitrary “trade barrier” that will hurt the world’s fastest-growing large economy and other industrialising nations. Sitharaman said the […]

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CashNews.co What’s going on here? The Reserve Bank of India is warning that non-banking finance companies’ aggressive growth strategies could threaten financial stability. What does this mean? The Reserve Bank of India (RBI) is closely monitoring non-banking finance companies (NBFCs) that prioritize growth at any cost, cautioning that such tactics could harm financial health. Over […]

CashNews.co The UN COP29 conference, which is scheduled to be held, from 11 November to 22 November in Baku, might pressurize rich countries to increase their contribution to ‘climate finance’ for poor countries by hundreds of billions of dollars.Climate finance is likely to be the top agenda at the conference amid disagreements on how much […]

CashNews.co Fortune IndiaCapital Allocation Takes Centre Stage For CEOsThe evolving private capex story shows some CEOs are betting heavily on the future, while some are making the best of existing resources..54 minutes ago Read More #cashnews #India #finance

CashNews.co MUMBAI (Reuters) -Some Indian non-banking finance companies (NBFCs) are aggressively pursuing growth and chasing excessive returns on equity, which could pose financial stability risks, the central bank governor said on Wednesday. The Reserve Bank of India (RBI) is “closely monitoring” this and “will not hesitate to take appropriate action, if necessary,” Governor Shaktikanta Das […]

CashNews.co Aptus Value Housing Finance India Ltd, a midcap company in the finance-housing industry, has hit a 52-week high on October 9th, 2024. The stock has been performing well, with a consecutive gain for the last 4 days and a rise of 13.8%. It is currently trading higher than its moving averages, indicating a positive […]