Financial Insights That Matter India’s tracked green finance reached an all-time high of Rs 4,804 billion ($65 billion) in FY2021/22, an average of FY 2020-21 and FY 2021-22, according to a recent report released by the Climate Policy Initiative (CPI), an analysis and advisory organisation with deep expertise in finance and policy. Annual estimates of […]
India’s new central bank governor takes over as economic growth slows and inflation rises #IndiaFinance
Financial Insights That Matter NEW DELHI (AP) — India got a new central bank governor on Wednesday as the country’s economic growth slows and inflation surges. Sanjay Malhotra, a career civil servant, was appointed to a three-year term as head of the Reserve Bank of India, succeeding Shaktikanta Das, who retired as central bank governor […]
How can NRIs ensure their wills are valid in both India and the UK? #IndiaFinance
Financial Insights That Matter I am a Hindu non-resident Indian (NRI) based in the UK, living with my husband. We have no children, and the rest of our family and relatives reside in India. My husband and I are in the process of drafting our wills, which involve assets in both the UK and India. […]
ADB, NaBFID to Collaborate on Financing India’s Infrastructure Sector #IndiaFinance
Financial Insights That Matter NEW DELHI, INDIA (11 December 2024) — The Asian Development Bank (ADB) and India’s National Bank for Financing Infrastructure Development (NaBFID) have signed a letter of intent (LOI) to enhance their collaboration in financing the country’s infrastructure sector. ADB Sector Group Director General Ramesh Subramaniam and NaBFID Managing Director Rajkiran Rai G. […]
India names Sanjay Malhotra to replace Das as central bank governor #IndiaFinance
Financial Insights That Matter Item 1 of 2 Sanjay Malhotra speaks during the 67th Foundation Day of the Directorate of Revenue Intelligence (DRI) in New Delhi, India December 4, 2024. India’s Press Information Bureau/Handout via REUTERS/File Photo [1/2]Sanjay Malhotra speaks during the 67th Foundation Day of the Directorate of Revenue Intelligence (DRI) in New Delhi, […]
New India Central Banker Warned of Killing ‘Golden Goose’ #IndiaFinance
Financial Insights That Matter (Bloomberg) — India’s new central bank head is a detail-oriented bureaucrat known for working long hours. That discipline will come in handy as he looks to reverse India’s growth slowdown and keep price rises in check. Most Read from Bloomberg Sanjay Malhotra, the Princeton-educated revenue secretary and three-decade veteran of India’s […]
Who is Sanjay Malhotra, India’s new central bank chief? #IndiaFinance
Financial Insights That Matter By Nikunj Ohri and Aftab Ahmed NEW DELHI (Reuters) – Sanjay Malhotra, a career civil servant who has mostly kept a low profile, was picked as India’s new central bank governor replacing Shaktikanta Das after a six-year stint. The Princeton educated 56-year-old Malhotra will helm the Reserve Bank of India as […]
India replaces ‘hawkish’ central banker Shaktikanta Das #IndiaFinance
Financial Insights That Matter Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. India’s government has appointed a new central bank governor, after a sharp decline in economic growth and accelerating inflation dented the outlook for the world’s most populous country. Shaktikanta Das, the […]
India and Bahrain Enhance Strategic Ties in Technology, Finance, and Security #IndiaFinance
Financial Insights That Matter External Affairs Minister S Jaishankar on Monday highlighted new avenues for collaboration in areas such as space, education, FinTech, and technology during discussions with his Bahraini counterpart, Abdullatif bin Rashid Al Zayani. The talks were part of the 4th India-Bahrain High Joint Commission in Manama. Jaishankar expressed India’s firm commitment […]
‘India’s nobody’s property’ – Diljit Dosanjh invokes Rahat Indori’s poetry amid calls to cancel Indore concert | India News #IndiaFinance
Financial Insights That Matter Amid Bajrang Dal protests demanding that singer Diljit Dosanjh’s Indore concert be cancelled, the singer dedicated his concert to Urdu poet Rahat Indori, a resident of Indore who passed away in August 202o. In response to the protests, the Punjabi star invoked Indori’s most famous ghazal “Someone’s father’s Hindustan is a […]