According to a report which polled 85 sovereign wealth funds and 57 central banks worth a total of USD 21 trillion in assets, India has overtaken China as the most attractive emerging market for investing.
Tag: Economy
Ajay Banga set to visit India for first time since becoming World Bank chief
Indian-origin World Bank President Ajay Banga will attend the G20 Finance Ministers and Central Bank Governors Meeting in Ahmedabad next week. This will be his first visit to the country after taking charge at the global lender.
Sabre acquires e-commerce provider Techsembly to expand hospitality retailing solutions
Sabre Corporation (NASDAQ: SABR), a travel industry software and technology provider, today announced the acquisition of hospitality e-commerce provider Techsembly. Terms of the transaction were not disclosed.
MAS recorded largest net loss of SGD 30.8 billion in 2022-23: Ravi Menon
Indian-origin Managing Director of the Monetary Authority of Singapore (MAS) Ravi Menon said the city-state’s central bank has recorded its largest net loss of SGD 30.8 billion (USD 22.8 billion) in 2022-2023.
India lone SCO nation which doesn’t endorse China’s Belt and Road Initiative
Highlighting its continued opposition to China’s attempt at total trade dominance, India yesterday once again refused to endorse the Belt and Road Initiative (BRI), becoming the only country in the Shanghai Cooperation Organisation (SCO) not to support the project.
This fight isn’t over, says Joe Biden as US Supreme Court strikes down USD400 billion student loan relief plan
Biden issued a statement that he would stop at nothing to find other ways to deliver relief to hard-working middle-class American families, despite the Supreme Court ruling against student debt relief.
Remittances to India from Singapore reach huge volumes through Instarem
Instarem, which was founded in Singapore by entrepreneurs with Indian roots, enjoyed strong growth of 30 per cent per annum from the global remittance market of USD682 billion.
Should NRIs link Aadhaar cards with PAN? Here is the answer
The expert consensus when it comes to NRIs linking Aadhaar-PAN is that it is better to be safe than sorry. Here’s all NRIs need to know about whether to link their Aadhaar card with their PAN or not.
Sensex, Nifty hit lifetime high levels, driven by fresh foreign fund inflows
“Investors are massively turning positive on risk assets, taking comfort from the recent fall in inflation, anticipating the end of the rate hike cycle,” said the head of a securities company.
PM Modi in Egypt: Diaspora welcome followed by meetings with cabinet ministers and grand mufti
The Egypt trip is a state visit, at the invitation of President Abdel Fattah Saeed Hussein Khalil El-Sisi. Narendra Modi was welcomed at the Cairo airport with a warm hug by Egyptian Prime Minister Mostafa Madbouly.
