Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
US stressed assets firm picks up stake in ARCIL as sovereign wealth fund exits
Asset Reconstruction Company (India) Ltd (ARCIL) announced on Monday that it will sell an unspecified stake to Avenue Capital,...
Finance
Rabo Equity to raise new fund, appoints new managing director
Homegrown private equity firm Rabo Equity Advisors Pvt. Ltd, which invests in the food and agriculture sectors, plans to launch...
Finance
Valuation the biggest challenge for investing in India: Proparco's Philippe Serres
Proparco SA, the private-sector financing arm of French development finance institution Agence Francaise de Development, has committed around half-a-billion dollars ......
Economy
India to sell 'enemy shares' to bridge revenue shortfall
India’s government said it will sell stocks worth millions of dollars seized from people who moved to Pakistan following...
Economy
US Fed leaves rates unchanged but on track for further tightening
The U.S. Federal Reserve held interest rates steady on Thursday but remained on track to keep gradually tightening borrowing costs,...
Finance
Mastercard, Visa losing out to UPI, RuPay: Finance minister Arun Jaitley
India’s finance minister said on Thursday that Mastercard and Visa were losing market share to domestic payments networks,...
Economy
RBI governor Urjit Patel could resign on 19 November: Report
Reserve Bank of India (RBI) Governor Urjit Patel could resign at the central bank’s next board meeting on November 19, ......
Economy
Govt set to put more pressure on RBI governor Urjit Patel
The Indian government intends to keep pressing demands for the country’s central bank to relax lending curbs and hand over...
Finance
Reliance Group's general insurance arm shelves IPO plans
Anil Ambani-led Reliance Group has put off plans to take its general insurance business public nearly a year after Reliance ......
Finance
IFC may offer $50 mn in debt funding to Ujjivan Small Finance Bank
The World Bank’s International Finance Corporation (IFC) plans to offer a junior loan up to $50 million (Rs 350 crore) ......
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