Banking & Finance

Rana Kapoor sees flow of futuristic ideas Rana Kapoor. India has developed a vibrant entrepreneurial landscape and while start-ups will develop scalable futur-ready solutions, says India's leading banker. “India has developed a vibrant entrepreneurial landscape and steadfastly strengthened its position...

Govt to provide US$380M JMVP The World Bank has signed a US$375 million loan agreement with Department of Economic Affairs (DEA) for the capacity augmentation of National Waterway-1 from Varanasi to Haldia on Ganga River. Implementor Inland Waterways Authority of...

Benefits for rural, social and infra sectors It is not surprising that the Union Budget FY19 has turned out to be populous, said Dr. Arun Singh, Lead Economist, Dun & Bradstreet - India. "The Union Budget FY19 has given more...

Maharashtra offers land to Indian Railways factory Fadnavis initiatives. Work is in progress on setting up a massive rail coach factory at Latur in Maharashtra to manufacture Electric Multiple Units for suburban trains and coaches for metros. Work on this...

New Delhi concerned about CPEC in disputed territory China is keeping its doors open for India to participate in its ambitious Belt and Road Initiative (BRI), a multi-billion-dollar infrastructure development endorsed by the United Nations. "We will keep the door...

IREDA sanctions first loan for MP projects Solar plant in Kerala. The World Bank has worked out a proposal to channelize US$100 million for creating common infrastructure for ultra-mega solar parks in India. The work has been done with Ministry...

Technology being given top priority Dun & Bradstreet, a global leader in commercial data and insights on businesses, has announced findings from its recent Dun & Bradstreet SAP SME Survey that highlights key expectations of the segment from the upcoming...

Corporate bond market tilted towards top papers With a meagre 35% and 17% debt market penetration in Government securities (G-secs) and corporate bonds, India is trailing developed economies like the United States of America (USA) where it is 83% and...

Road design to cover heavy rainfall and storm surges The Asian Development Bank (ADB) is lending US$250 million for the construction of 6,254 kilometres all-weather rural roads in the States of Assam, Chhattisgarh, Madhya Pradesh, Odisha and West Bengal. The...

E-governance architecture to track real time results Source: Picture from Reliance-Foundation_Rural-Transformation-CSR-Project. The World Bank is lending US$100 million for rural enterprises, facilitate their access to finance, and create employment opportunities in Tamil Nadu. The loan agreement was signed in New...