Banking & Finance

Both sides to negotiate an Automatic Trigger Safeguard Mechanism The Cabinet has approved signing of the Comprehensive Economic Cooperation and Partnership Agreement (CECPA) between India and Mauritius, a first trade pact to be signed with an African country. The India-Mauritius...

MSMEs get funding support PHD Chamber of Commerce and Industry and Small Industries Development Bank of India (SIDBI) signed a Memorandum of Understanding (MoU) on 16 Feb 2021 to facilitate providing of various credit & other schemes to Micro, Small...

WNS Assistance places a priority on driver safety and vehicle security As the global insurance industry goes through a metamorphosis, a London insurtech By Miles has formed a partnership with WNS Assistance to manage policy using the real-time data of...

But more contagious COVID-19 variants is a concern India is on track for an economic recovery in the fiscal year ending March 2022, supported by good agriculture performance, a flattening of the COVID-19 infection curve, and a pickup in government...

US-based start-ups raising funds from India Indian Angel Network (IAN) is planning to invest over Rs.100 crore in start-ups across sectors in 2021, following on to the success of funding of about Rs.100 crore in 45-50 companies in 2020, with...

Tech-driven supply chain financing launched Singapore-headquartered Moglix, Asia’s largest B2B commerce company, has rolled out Credlix, a digital supply financing platform that provides quick collateral-free working capital solutions, exclusively to its suppliers, especially the cash-strapped MSMEs through its collaboration with...

Complementarities across the sectors identified, says envoy India and the UK are committed to forging an Enhanced Trade Partnership aimed at achieving prosperity, generating jobs, developing skills, and facilitating essential supplies for the benefit of the people of the two...

Investment Facilitation Cell handholds investors, says Teli The Government has allowed 100% FDI under the automatic route in the food-processing sector which recorded US$904.7 million commitment in 2019-20, up from US$628.24 million in 2018-19. The Ministry of Food Processing Industries...

Chhattisgarh tribal-region to focus on cropping systems The World Bank is lending US$100 million project to develop sustainable production systems that allow tribal households in remote areas of Chhattisgarh to practice round-the-year production of diversified and nutritious food. CHIRAAG, the...

Fresh capital will need to have 16-18% IRR from Greenfield projects The Indian real estate will require over US$100 billion over the next decade, estimated Mumbai-based SILA Solutions, a Real Estate platform with operations in over 75 cities, providing facility...