CashNews.co The number of credit cards is expected to double and reach 200 million in the coming years, according to a recent report by PwC. The report highlights a compound annual growth rate (CAGR) of 15%, a clear indication of the rising credit appetite among Indian consumers. It must be noted that the number of […]
CashNews.co India has sought international finance to implement its national biodiversity action plan, which will be presented in its updated form on November 31. Minister of state for environment Kirti Vardhan Singh made the request as he delivered India’s statement at the 16th Conference of the Parties to the Convention on Biological Diversity (COP16) in […]
CashNews.co India’s Housing Finance Companies (HFCs) contributed 46 per cent to the fundraising activities from public markets through the initial public offering (IPO) route, according to a research report by Colliers India. The real estate industry, which includes HFCs, Real Estate Investment Trusts (REITs), real estate developers, flex space operators, hospitality companies, and others, raised […]
CashNews.co Hinduja Leyland Finance (HLF), the financial services arm of Ashok Leyland and a part of the Hinduja Group, is set to undergo a transformative shift with its intended public listing. This strategic move, achieved through a reverse merger with NXTDigital, a listed media company under the Hinduja Group, promises to unlock significant value for […]
CashNews.co VADODARA, India (AP) — Indian Prime Minister Narendra Modi and his Spanish counterpart Pedro Sanchez inaugurated India’s first private military aircraft plant on Monday, boosting New Delhi’s ambitions of growing local manufacturing in its defense and aerospace industries. Sanchez was welcomed to the country with a roadshow in Gujarat state’s Vadodara city where hundreds […]
CashNews.co The Wharton Initiative on Financial Policy and Regulation and the Wharton India Economic Forum hosted a fireside chat with Nirmala Sitharaman, India’s Minister of Finance and Corporate Affairs, on Oct. 22. Credit: Abhiram Juvvadi Wharton students and faculty gathered for a fireside chat with Nirmala Sitharaman, India’s Minister of Finance and Corporate Affairs, at […]
CashNews.co Top Gainers and Losers Today : **The Top Gainers and Losers Today**: The Nifty index concluded trading at 24,180.8, reflecting an increase of 0.65%. Throughout the day, the Nifty reached a peak of 24,492.6 and a low of 24,134.9. The Sensex fluctuated between 80,539.81 and 79,418.82, closing at 79,402.29, which represents a gain of […]
CashNews.co India – After a competitive multi-agency pitch, Shriram Finance has appointed PHD India, part of Omnicom Media Group, as its agency on record to oversee its integrated media mandate, with services managed from PHD’s Mumbai office. As one of India’s largest retail non-banking financial companies (NBFCs), Shriram Finance aims to be the most preferred […]
CashNews.co AAP MLA from Dirba-cum-Finance Minister Harpal Singh Cheema today visited the local grain market. According to information, Cheema took stock of the on-going paddy procurement process at Dirba grain market. He also reviewed lifting of paddy procured by government agencies since October 1. Yesterday, some farmers stated that they had spent several nights at […]
CashNews.co Union Minister for Finance and Corporate Affairs Nirmala Sitharaman urged the G7 and G20 nations to intensify their support for the African countries and highlighted India’s commitment to the continent, particularly in areas such as infrastructure development and healthcare.The Finance Minister participated in the G7 African Ministerial Roundtable on Saturday (local time), the Ministry […]