Tag: India

CashNews.co MUMBAI — Indian investment manager HDFC Capital, a subsidiary of the country’s largest private bank, and a World Bank Group unit will launch a $1 billion fund in early 2025 to promote the building of affordable housing for the middle classes. The World Bank Group’s International Finance Corporation (IFC) will put up to $150 […]

CashNews.co BENGALURU, India (AP) — Unpredictable rains and increasing heat aren’t just making life more difficult for the people of Rayanpet, a village in India’s arid south. They’re also taking a toll on the thousands of acres of rice grown here. “We used to know when it would rain and for how long and we […]

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 capital markets regulator has raised the barriers on derivatives trading to curb the frenzy among millions of young retail investors who have piled into high-risk options and short-term bets on the country’s booming […]

CashNews.co The Sustana Cooling India Fund will invest USD 100m in early-stage cooling solutions in India. The country’s first blended capital equity fund focused exclusively on cooling de-risks and scales innovative cooling technologies, addressing climate change and UN Sustainable Development Goals ABOUT As the world warms, heat waves are becoming more frequent, severe, and prolonged. […]

CashNews.co The credit quality of companies remained strong in the first half of the current fiscal, with credit upgrades outpacing downgrades, rating agencies Crisil Ratings, India Ratings and Research and ICRA said on Tuesday. Crisil Ratings said it upgraded 506 companies in the April-September period, compared with 184 downgrades, resulting in the credit ratio, or […]

CashNews.co NEW DELHI, Oct 1 (Reuters) – India’s government said on Tuesday it had appointed Ram Singh, Saugata Bhattacharya and Nagesh Kumar as new members of the central bank’s rate-setting monetary policy committee. The three new external members have been appointed for a four-year term with immediate effect, a statement said. The six-member MPC, which […]

CashNews.co Dublin, Oct. 01, 2024 (GLOBE NEWSWIRE) — The “India Embedded Finance Business and Investment Opportunities Databook Q2 2024 Update” report has been added to ResearchAndMarkets.com’s offering. India’s embedded finance industry is expected to grow steadily over the forecast period, recording a CAGR of 37.8% from 2024 to 2029. India’s embedded finance revenues will increase […]

CashNews.co By Jayshree P Upadhyay MUMBAI (Reuters) -India’s market regulator tightened the rules for equity derivatives trading on Tuesday, raising the entry barrier and making it more costly to trade in the asset class, despite pushback from investors. The Securities and Exchange Board of India (SEBI) lowered the number of weekly options contracts available to […]

CashNews.co A 42-year-old area manager of Bajaj Finance in Uttar Pradesh’s Jhansi died by suicide on Sunday alleging repeated “humiliation” by his seniors for “not meeting targets”, news agency PTI reported. Tarun Saxena, was found dead by his house help on Monday morning. Tarun is survived by his parents, wife and two children.(@atulmodani (X)) The […]