Traditionally, issuance from Chinese companies dominate the green bond market, but other emerging market economies are coming up fast
Capital markets are becoming more prominent in India's growth story, with an expanding share in capital formation and investment landscape on the back of technology, innovation and digitisation, according to the Economic Survey 2023-24 tabled in Parliament on Monday. Further, Indian markets are resilient to global geo-political and economic shocks, it added. "Despite heightened geo-political risks, rising interest rates and volatile commodity prices, Indian capital markets have been one of the best performing among emerging markets in FY24," the Economic Survey said.
The letter comes after a report by the London-based Financial Times, citing documents from George Soros-backed Organized Crime and Corruption Reporting Project (OCCRP), alluded to a "fraud" by the Adani Group by selling low-grade coal as high-value fuel in 2013.
Prime Minister Narendra Modi heaped praise on the Christian community on Monday for its role in giving direction to the society and sense of service, and said the country proudly acknowledges its contribution.
For existing technologies, unless appropriate financing is available, deployment at scale is difficult.
The move comes after it noticed instances of certain all India service officers not conducting themselves fully in consonance with the spirit of the AIS (Conduct) Rules, 1968 while on study leave.
The Ladakh-based innovator had announced a five-day long hunger strike at 18,380 feet high Khardung La from January 26 to invite attention of the BJP-led Centre to the demands of the people of Ladakh.
Prime Minister Narendra Modi held talks with US President Joe Biden at the White House on Thursday to discuss a wide range of issues of mutual and global interests, aimed at further boosting the Indo-US strategic relations in areas like defence, space, clean energy and critical technologies.
The budget underscores government's previous emphasis on capex to sustain near-term recovery from the pandemic, while simultaneously paving the way for longer-term restructuring of the economy, it stated. But the various spending initiatives are not offset by any significant announcements related to further increase revenue generation; rather, the announced revenue-related measures are aimed at other objectives such as fostering startup innovation, ensuring more equitable treatment for cooperatives and state employees, and promoting tax compliance through simplification, Christian de Guzman, a senior vice-president, sovereign risk group, Moody's Investors Service, said.
Young investors could allocate in the proportion of 70:20:10 to equity, debt and gold.
'If you look at the order books of capital equipment companies or money deployed on the ground, there is forward movement in terms of actual investment by the private sector.'
India's dream to be in the forefront of international politics has come true. India has placed itself firmly as a major player in the shaping of a new world order, observes Ambassador T P Sreenivasan.
Fund mobilisation by companies through equity and debt routes has dropped 20 per cent in 2022 to nearly Rs 11 lakh crore, as exuberance dwindled this year due to expensive credit avenues and volatile markets. The first half of 2023 could continue to remain challenging. The year 2021 was extraordinary for fundraising from the equity and debt routes, while 2022 has seen a slowdown in capital raising owing to elevated volatility provoked by unprecedented inflation globally and the Russia-Ukraine war.
Gandhi claimed that authoritarian tendencies are becoming clearer, with the erosion of fundamental rights being accompanied by a narrow imposition of conformity and obedience from dutiful citizens. voters polarised for electoral gains
India Inc on Thursday pitched for continuation of reforms while ensuring tax and policy stability in the forthcoming Budget to prop up the economy hit hard by the COVID-19 pandemic. In the virtual pre-Budget consultation held with Finance Minister Nirmala Sitharaman, industry chambers said that government measures will help firmly entrench the nascent signs of recovery being currently seen in private investment. Capital expenditure by the government through enhanced infrastructure spending should in the meantime continue to support growth, CII president TV Narendran said.
Prime Minister Narendra Modi on Monday interacted with a cross-section of members of the Indian diaspora in Scotland who gathered here to felicitate him and also unveil his bust.
'At the heart of the strategic relationship between our countries are economic ties.'
'Rakesh's life is hard, but he knows how to find joy.' 'He doesn't think his life's value comes from money. He sees no shame in his poverty.'
The Shekhars, who run the environment NGO Climate Agenda and made national headlines with many voicing concern about their toddler daughter Champak being left alone, were among the 59 people taken into custody during the protests on December 19.
'There are some high-frequency indicators where uptick is visible and some where it is not'
Here's the full text of Prime Minister Narendra Modi's address to a joint session of the United States Congress, delivered on Thursday.
Budget for 2022-2023 has returned to its agenda for protectionism in the name of creating a self-reliant India, points out A K Bhattacharya.
In his departure statement ahead of his week-long visit, Modi referred to Indo-US relations and said working together, the two nations can contribute to building a more peaceful, stable, secure, sustainable and prosperous world.
Voicing concern over violent non-state actors controlling large territories across the world and unleashing "barbaric violence", Prime Minister Narendra Modi on Thursday said that ideologies should give way to dialogue to resolve conflicts.
By jettisoning the vision of multilateral world in favour of a Han Empire, China has posed a major long term challenge to India. India must stand firm against Chinese expansionism but also keep a door open for future detente by making a clear distinction between Chinese people and the current Chinese leadership, observe Lieutenant General Ashok Joshi (Retd) and Colonel Anil Athale (Retd).
Pitching for a non-adversarial tax environment, India Inc on Tuesday suggested reduction in tax rates on corporate as well as individuals to boost economic growth.
With growing capital markets and business friendly climate, nearly 1.4 lakh investor accounts were opened on an average every month in the last one year.
'Rahul Gandhi has personally paid a heavy price for this character assassination and remorseless ridiculing and the Congress, of course, has been demolished politically.'
The Tablighi Jamaat avoided confrontation, stayed clear of conversion of non-Muslims, abjured politics and focused only on religious attainment. >A fascinating excerpt from Ziya Us Salam's Inside The Tablighi Jamaat.
Renewable energy is mistakenly restricted to electricity.
Jaitley's Budget has the potential to change the face of Modi's Bharat
Jaitley is expected to present a common man friendly Budget.
The year is coming to an end and overall, it's been one hell of a year! We have had our share of ups and downs and we look forward to a better 2020. While we count down the days to the new year, let's also reflect on those who gave us strength to stand up in what we believe, the courageous who didn't bow down and the ones with gumption who inspired us to be better. We, Rediff.com, have selected 26 personalities, who we think are worthy of the title -- HERO OF THE YEAR -- and we want you, dear readers, to choose your hero!
'... For the India-US relationship to continue its positive trajectory, it will require India to adapt to a different approach.' Nisha Desai Biswal -- who as the Obama administration's point person for South Asia was in the inner circle of all the Obama-Modi Summits -- tells Rediff.com's Monali Sarkar why she is hopeful that India and the US are on an irreversible forward course.
'Notwithstanding the physical distance, the two countries historically had a convergence of approach and outlook to many international issues.' 'The relationship between the two countries cannot develop or flourish in a vacuum. There should be initiatives at various levels -- at the level of government, Parliament and the people.'
energy is India's binding supply-side constraint for inclusive growth.
"Reform is not an end in itself. Reform for me is just a way station on the long journey to the destination. The destination is the transformation of India," he said.
Indian markets rose 19 per cent in the first half of this financial year, the best performance by any market during this period, globally.
Winners from the Big Picture photography competition