India Archives

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...

Business Leaders

The best places to work in Asia

International Finance DeskMarch 24, 2016

by International Finance DeskMarch 24, 2016

Most of the companies are located in Australia followed by India IFM Correspondent March 24, 2016: Freight company DHL beat Google and SAP to be the best company to work in Asia under the MNC category, according to a survey by Great Place to Work, which conducts research on the characteristics of great workplaces. Australia-based...

Economy

‘Political agenda is influencing financial markets’

International Finance DeskMarch 18, 2016

by International Finance DeskMarch 18, 2016

Pioneer Investment’s Head of Global Asset Allocation Research Monica Defend on the economic outlook post Brexit What are, in your view, the implications of Brexit on the global economy? We believe that the Brexit outcome is a global shock, with implications for the global and regional economic outlook that will be channelled mainly through four...

Economy

Union budget: Startups give a thumbs up

International Finance DeskFebruary 29, 2016

by International Finance DeskFebruary 29, 2016

Rural India and agriculture sector also get a boost IFM Correspondent February 29, 2016: India, it seems, is all set to promote her ‘startup destination’ image — at least that is what looks from the budget speech of Union Finance Minister Arun Jaitley. Jaitley introduced a slew of measures to promote a healthy and vibrant...

Economy

Rail budget: No hike in freight fares

International Finance DeskFebruary 25, 2016

by International Finance DeskFebruary 25, 2016

Focus on improving consumer experience February 25, 2016: The Narendra Modi-led NDA government on Thursday announced the railway budget. Suresh Prabhu, Union Railway Minister, while keeping the freight fares unchanged, announced four special trains — Tejas (with onboard entertainment and other world-class service), Uday (double-decker trains on busiest routes), Antyodaya Express (long distance train for...

Banking

Why digital wallets are a hit in China, India

International Finance DeskJanuary 31, 2016

by International Finance DeskJanuary 31, 2016

The reason is the huge proportion of the population that does not have a bank account IFM Correspondent January 31, 2016: Consumers around the world are increasingly using mobile phones to make online payments. This is helped by the increase in the number of people using smartphones. According to Statista, the overall number of mobile...

Economy

China slowdown is bad news for Asian countries

International Finance DeskDecember 9, 2015

by International Finance DeskDecember 9, 2015

However, India bucks the trend, grows at a steady pace Suparna Goswami Bhattacharya December 9, 2015: Countries in Asia are facing a tough time as economy in China shows no signs of improvement. Though the slowdown is bound to impact the world as China has been one of the main engines of economic growth, the...

Economy

More concern about Chinese economy

International Finance DeskOctober 23, 2015

by International Finance DeskOctober 23, 2015

Survey reveals uptick in late payment of B2B invoices October 23, 2015: Concern over China’s economic performance persists, causing a further downward revision of its 2016 growth forecast from 6.9% this year to 6.7% in 2016. Atradius survey shows an uptick in late payment of B2B invoices in China. This can have a knock-on effect on...