India's first maritime lender, state-owned Sagarmala Finance Corporation Ltd (SMFCL) hit the ground running with a Rs 4,300 crore disbursement announcement last Tuesday, within months of being registered as a non-banking financial company (NBFC) in June 2025.
The International Institute of Finance, which has representatives from 360 major banks and financial institutions of 60 countries, has suggested the expansion of the G-7 to G-11 to include India, China, Russia and Brazil.
'A proper system needs to be introduced to regularise unaccounted money in India or abroad for being used for the country's economic and infrastructural growth,' the IndusInd International Federation said in a pre-Budget memorandum to Finance Minister Pranab Mukherjee. The IIF also suggested that the country needs to take up electoral reforms. The NRIs favoured state funding of elections and stopping the 'flow of money into the parallel economy.'
While the chances of an Al Qaeda-mounted operation outside Iraq to avenge Saddam's execution are thus minimal, there is a greater danger of individual Muslims in the overseas diaspora carrying out acts of terrorism to avenge his execution
The Net private capital flows to emerging markets rose in 2004 to the highest level in seven years and are likely to reach approximately the same level in 2005, Institute of International Finance said.
Finance Minister Pranab Mukherjee on Friday said the government is considering further liberalisation of the country's foreign direct investment policy for attracting investment in the infrastructure sector.
The move comes in the backdrop of a slowdown in the foreign direct investments and its impact on the current account deficit.
If IIT-Bombay Chairman Anil Kakodkar has his way, studying at any of the 15 IITs across the country will now cost Rs 250,000 every year against the current Rs 50,000. Is this hike justified?
The Bachchans led the attendance of Hindi movie stars at the International Indian Film Academy (IIFA) awards on Thursday.
The Washington-based Institute of International Finance on Thursday said that Indian government should reduce its role in banking system and further liberalise policies to attract more foreign direct investment.
'Most Hindus believe in living in peace with their Muslim neighbours and vice versa.' 'It is this India we have to preserve.'
Far away from the glare of publicity lives Atal Bihari Vajpayee's family -- three sisters, nephews, nieces and their children. A large family proud of its bond with India's leader.
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