International Finance

Tag : India

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...