Financial Insights That Matter A single word in the law, buttressed by the Finance Bill, has turned up as a showstopper for many offshore fund managers contemplating moving to India.While the Budget has proposed scrapping most of the restrictions to encourage them to relocate, the stipulation that resident Indians cannot invest — âdirectly or indirectlyâ […]
Finance firm manager booked for fraudulent sale of borrowerâs truck #IndiaFinance
Financial Insights That Matter Pilibhit: Acting on a court order, police registered a case against the manager and staff of a finance company in Pilibhit on Sunday for fraudulently selling a borrower’s truck. The borrower, Mohammad Farukh of Dhakia Jajalpur village, had taken a Rs 21 lakh loan from the company on March 30, 2021, […]
The government is banking on tax cuts to boost consumption. What if it doesnât pan out? #IndiaFinance
Financial Insights That Matter The government can boost consumption in the economy in two ways. The first, and more direct, method is for the government to itself spend more, on areas like infrastructure, or social programmes like the rural-employment programme. The second, more indirect, way is to do what the government did: cut taxes, leave […]
NDTV ProfitIndias Climate Finance Taxonomy Likely In Six Months: DEA SecretaryEconomic Affairs Secretary Ajay Seth has said work with respect to developing a taxonomy for climate finance is going on and it should be….1 hour ago #IndiaFinance
Financial Insights That Matter NDTV ProfitIndias Climate Finance Taxonomy Likely In Six Months: DEA SecretaryEconomic Affairs Secretary Ajay Seth has said work with respect to developing a taxonomy for climate finance is going on and it should be….1 hour ago Boost Your Financial Knowledge and Achieve Stability Discover a growing online community dedicated to delivering […]
Fiscal, monetary steps to help boost consumption, says Finance minister Nirmala Sitharaman #IndiaFinance
Financial Insights That Matter NEW DELHI: Finance minister Nirmala Sitharaman said Saturday that coordinated fiscal and monetary actions by govt and RBI will help boost consumption and there are initial signs of a good order book for the first quarter of the next fiscal year, which will help boost private investment.“After the budget, the few […]
The forgotten finance minister: RK Shanmukham Chetty and Indiaâs first budget #IndiaFinance
Financial Insights That Matter His tenure, however, was short-livedâlasting just over a yearâand ended abruptly. That wasnât due to incompetence. A sharp economic thinker, Chetty had already proven his acumen as the Diwan of Cochin (1935-41), initiating key reforms, including improvements to the Cochin port. His real misstep? He belonged to the wrong party. As […]
Moving Beyond Challenges Of 2024 into Opportunities Lying Ahead In 2025 â For the P2P Lending Industry in India #IndiaFinance
Financial Insights That Matter In a world where traditional banking often falls short, peer-to-peer (P2P) lending has emerged as a beacon of hope, reshaping Indiaâs financial panorama. Itâs not just offering an alternative to banks â itâs empowering millions of borrowers who would otherwise be left out of the credit system. With the RBI tightening […]
‘Budget’s given comfort to monetary authority’: Finance secretary Tuhin Kanta Pandey #IndiaFinance
Financial Insights That Matter Finance secretary Short Song Pandaate said the 2025-26 Budget has tried to push growth in a non-inflationary manner and has kept the promise of fiscal consolidation. In an interview to TOI,Pandey, who is also in charge of the revenue department, said the Budget has enabled all levers of growth to accelerate. […]
RBI’s Rate Cut To Improve Consumption Boosting, Maintain Financial Stability: India Inc #IndiaFinance
Financial Insights That Matter India Inc cheered the RBI’s move to slash the benchmark interest rate for the first time in nearly five years on Friday and asserted that it will complement the consumption-boosting measures announced in the last week’s budget, providing much-needed support to the economy. Industry bodies were of the view that the […]
India Secures $1.16 Bn in Climate Finance, How Will It Impact Climate Goals? #IndiaFinance
Financial Insights That Matter India had called the sum “too little, too distant”, “paltry” and “an optical illusion”. It has been saying that the lack of adequate finance was not just an abdication of responsibility by the developed countries, but also a major setback to global climate action. Boost Your Financial Knowledge and Achieve Stability […]