International Finance

Tag : India

Business Leaders

Internet should not be a privilege of the rich: Mark Zuckerberg

Facebook will create $1 million fund to help develop apps for farmers, women and migrants IFM Correspondent October 9, 2014: Seeing exponential growth potential for Facebook in India, its co-founder Mark Zuckerberg said he will discuss with Prime Minister Narendra Modi ways to connect villages with the digital world. He is excited about helping the...
Business Leaders

Modi makes a mark at Madison Square Garden

International Finance Desk
Thanks Indian-Americans for their support and unveils his vision for India in an engaging speech IFM Correspondent September 29, 2014: On Sunday, Madison Square Garden was jampacked with Indian-Americans who had turned up to listen to Narendra Modi, Prime Minister of India. Thousands of supporters of Prime Minister Narendra Modi were seen lined up outside...
Economy

Visa to open tech centre in India

International Finance Desk
The move will create over 2,000 jobs globally IFM Correspondent September, 26, 2014: Visa Inc, the global card payment system provider, will open a new technology centre in India in 2015. This will create over 2,000 full-time technologist positions all over the world.  These include conversion of contractor positions to full time positions within the...
Economy

India opens its doors a little more

Sharan Lal says that the announcements on FDI send out a strong message that the newly elected government would promptly draw up action points where ever required July 30,2014: Earlier this July, Arun Jaitley, the Finance Minister of the recently elected NDA government in India, pleased the Indian markets by his announcement on increase in...
Banking

India’s central bank to identify bulwark in a financial crisis

The RBI will designate up to six banks as Domestic Systemically Important Banks (D-SIBs) to reduce the risk of collapse of the financial system July 24, 2014: The Reserve Bank of India (RBI) has decided to designate up to six banks as Domestic Systemically Important Banks (D-SIBs) to reduce the risk of collapse of the...
Economy

SGX opens liaison office in India

It will provide information and act as a communication channel to support capital raising by Indian companies in Singapore July 22, 2014: Singapore Exchange (SGX) announced on Tuesday that, following approval from the Reserve Bank of India, its liaison office in India has commenced operations with Neena Prasad as its Chief Representative. SGX’s office in...
Economy

India’s industrial output in May highest since 2012-end

Independent survey of manufacturing sector indicates that uptrend continued in June with factory output expanding for the eighth successive month, reports Team IFM New Delhi, July 18: India’s industrial output grew to a 19-month high in May, topping analysts’ predictions and goading corporate India to talk of a recovery “on the anvil”, while an independent...