India Archives - Page 13 of 16 - International Finance

India clears historic GST Bill

International Finance DeskAugust 4, 2016

by International Finance DeskAugust 4, 2016

Likely to benefit through growth in investments and revenue August 4, 2016: With the passage of the Goods and Services Tax (GST) Constitutional Amendment of Bill in the Upper House of Parliament on August 4, a decade-long wait finally came to an end. Many term it as the next big reform in India after liberalisation...

Economy

India eases FDI norms to boost employment generation

International Finance DeskJune 22, 2016

by International Finance DeskJune 22, 2016

Decision helps government regain investor confidence IFM Correspondent June 22, 2016: The Indian government led by Prime Minister Narendra Modi made sweeping changes to foreign direct investment (FDI) norms announcing easier terms and conditions for investors in sectors ranging from civil aviation to pharmaceuticals. The government has increased sectoral caps, raised limits under the automatic...

Uncategorized

Blackburn tops money transfer league in UK

International Finance DeskJune 14, 2016

by International Finance DeskJune 14, 2016

Xpress Money highlights the most popular money transfer corridors in and out of the UK June 14, 2016: Blackburn is the money transfer capital of the UK, according to data from global money transfer experts Xpress Money. The company analysed transactions from thousands of UK customers over one month in 2016. Over double the amount...

Economy

World Bank cuts global growth outlook

International Finance DeskJune 9, 2016

by International Finance DeskJune 9, 2016

Move prompted by low commodity prices and sluggish growth in advanced economies IFM Correspondent June 9, 2016: The World Bank has downgraded its 2016 global growth forecast to 2.4 percent from 2.9 percent, which was projected in January. The move was prompted by sluggish growth in advanced economies, low commodity prices, weak global growth and...

Economy

Who will win over the Iranians?

International Finance DeskMay 25, 2016

by International Finance DeskMay 25, 2016

The battle for investment opportunities has just begun as the Middle East superpower opens itself to the world Suparna Goswami Bhattacharya May 25, 2016: From the time sanctions have been lifted on Iran, it has become a hot destination for investments globally. And there are ample reasons for this interest. First, one must understand the...

Economy

India to be among top five in manufacturing by 2020

International Finance DeskMay 23, 2016

by International Finance DeskMay 23, 2016

Interestingly, China may be dislodged by the US from the number one position Suparna Goswami Bhattacharya May 23, 2016: That India is known for its information technology services globally is widely accepted. But the country is also ready for the next phase of growth in manufacturing. According to a report by Deloitte, India is projected to...

Business Leaders

Cochin airport takes off on solar power

International Finance DeskMay 10, 2016

by International Finance DeskMay 10, 2016

World’s first solar powered airport has more electricity than it needs Suparna Goswami Bhattacharya May 10, 2016: As the plane hovers over Cochin airport in India, you will be astonished to see a large number of solar panels in the vast compound. There are more than 46,000 of the reflective panels tapping the rays from...

Finance Islamic Banking

Non-banking financial companies leading the way in India

International Finance DeskApril 22, 2016

by International Finance DeskApril 22, 2016

An update on the status of Islamic finance in India Camille Paldi April 22, 2016: India is a continent full of entrepreneurs, accountants, lawyers, IT practitioners, bankers, finance professionals and more, and is projected to become one of the two largest economies alongside China in this century. Although operating in a caste system with a...

Economy

Investment agreement signed for TAPI pipeline

International Finance DeskApril 13, 2016

by International Finance DeskApril 13, 2016

It exemplifies ADB’s role in promoting regional cooperation April 13, 2016: The shareholders of the TAPI Pipeline Company Limited (TPCL) signed an Investment Agreement in a ceremony witnessed by petroleum ministers and senior government officials of Turkmenistan, Afghanistan, Pakistan and India, and senior Asian Development Bank (ADB) officials. It will pave the way for long-term...

Fintech

Startups opting for co-working spaces

International Finance DeskMarch 28, 2016

by International Finance DeskMarch 28, 2016

The concept is catching up in India Suparna Goswami Bhattacharya March 28, 2016: For a long time Nitesh Gupta, who resides in India’s startup capital Bengaluru, was in fix as to what to do with the big ancestral house that he owned in one of the hotspots in the city. Though he converted the house...