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 […]
India eyes historic rate cut, global easing momentum mounts #IndiaFinance
Financial Insights That Matter By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Investors are anticipating India’s first interest rate cut in nearly five years on Friday, which would be the latest move from major central banks around the world that points to a renewed desire to loosen policy and […]
State survived financial crisis; welfare schemes, development unaffected, says Kerala Finance Minister #IndiaFinance
Financial Insights That Matter Kerala Finance Minister K N Balagopal on Friday, while presenting the budget for the financial year 2025-26 in the Assembly, said the state has survived the most intense phase of financial crisis without any of its welfare schemes or development work being affected. Presenting the second Pinarayi Vijayan-led government’s fifth budget […]
UK universities look to open campuses in India amid financial woes at home | Universities #IndiaFinance
Financial Insights That Matter UK universities are aiming to leave their financial woes at home by seeking their fortunes in India, in a higher education version of a gold rush towards a market with more than 40 million students. The University of Southampton has been first out of the blocks, announcing it is opening in […]
Union Budget is non-inflationary, says Finance Secretary Tuhin Pandey #IndiaFinance
Financial Insights That Matter New Delhi [India]February 6 (ANI): Finance Secretary Tuhin Kanta Pandey has emphasized the government’s commitment to maintaining fiscal discipline while fostering economic growth, stating that the Union Budget 2024-25 is “absolutely non-inflationary”. Speaking at a programme organized by the PHD Chamber of Commerce and Industry (PHDCCI), he highlighted the government’s long-term […]
India’s Akasa Air to raise capital from investment offices of Azim Premji, Ranjan Pai #IndiaFinance
Financial Insights That Matter (Reuters) -India’s Akasa Air said on Thursday it is raising fresh capital from the investment offices of Wipro founder Azim Premji and Manipal Hospitals Chairman Ranjan Pai, as well as funds of wealth management firm 360 ONE. The airline, among India’s newest carriers, did not disclose any financial terms. It said […]
Finance secretary calls for investment, and innovation to drive economic growth #IndiaFinance
Financial Insights That Matter New Delhi: While the government having returned money to citizens through tax cuts in the budget, it is now for industry and businesses to take investment risks and create institutions and jobs, finance secretary Tuhin Kanta Pandey said on Thursday. Speaking at a post-budget interaction hosted by the PHD Chamber of […]
India’s Bond Market Buzzes With New Issuances #IndiaFinance
Financial Insights That Matter What’s going on here? India’s bond market is buzzing as heavyweights like India Infrastructure Finance and Tata Projects roll out substantial bond offerings, drawing investor interest with attractive ratings. What does this mean? The recent wave of bond issuances showcases growing confidence in India’s debt market. India Infrastructure Finance Co leads […]
India has received USD 1.16 billion in climate finance so far: Govt #IndiaFinance
Financial Insights That Matter New Delhi: India has so far received USD 1.16 billion for climate projects through the financial mechanism of the United Nations Framework Convention on Climate Change, the government informed Parliament on Thursday. This amount includes USD 803.9 million from the Green Climate Fund, USD 346.52 million from the Global Environment Facility […]
Finance Ministry asks employees to strictly avoid using AI tools in office #IndiaFinance
Financial Insights That Matter New Delhi [India]February 5 (ANI): The Finance Ministry has asked its employees not to use any Al tools or apps in office devices as they pose data safety risks. The Department of Expenditure, in a communication, recently said it has been determined that Al tools and AI apps in office computers […]