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CHINA DEVELOPMENT BANK FINANCING
HDFC Bank taps Axis' outgoing CFO Puneet Sharma as new finance chiefHDFC Bank has appointed Puneet Sharma as its new finance chief, following his resignation from Axis Bank. Sharma, who will officially becom...
Churn at private banks' finance function, 2 CFOs quitA significant reshuffle is underway in the finance departments of major Indian banks. Axis Bank and Bandhan Bank have seen their Chief Fina...
Govt pledges extra Rs 30,000 crore for NIIF, move to spur infra investments, says finance ministryThe government has doubled its commitment to the National Investment and Infrastructure Fund (NIIF) to Rs 60,000 crore, approving an additi...
Bandhan Bank CFO Rajeev Mantri resigns, to leave in SeptemberBandhan Bank's Chief Financial Officer, Rajeev Mantri, has resigned, citing career growth as his reason for departure. Mantri, who also ser...
IIFCL plans $1 billion loan from overseas investors; in talks for $400 million ADB fundingIndia Infrastructure Finance Company is set to secure a substantial $1 billion foreign-currency loan, potentially its largest to date, and ...
Global Market: China's central bank expands liquidity toolkit with first-ever overnight reverse reposChina's central bank has introduced overnight reverse repo operations for the first time, injecting 300 billion yuan to manage liquidity. T...
Why clean land records are key to India's property marketStates are rapidly digitizing land records to streamline India's complex property market. This move aims to curb disputes, speed up transac...
Mcap of 6 of top-10 most valued firms climbs Rs 88,678 cr; ICICI Bank biggest winnerIndian stock markets saw a modest gain last week, with the top 10 companies adding Rs 88,678.1 crore in market valuation. ICICI Bank led th...
Charting the global economy: US spending rises, weather loomsUS consumer spending remains robust despite rising prices, though new home sales dipped. President Trump is scrutinizing gasoline costs. Eu...
Indian issuers hold dollar bond plans amid demand for higher yieldsIndian issuers, including SBI and BoB, have paused dollar bond plans as investors demand higher yields amid rising supply expectations from...
Bangladesh urges China to reduce trade gapBangladesh's Prime Minister Tarique Rahman urged China to reduce the trade gap and diversify exports during his Beijing visit. He sought su...
Aditya Birla lines up Rs 15,000 crore loan for Sprng Energy bidAditya Birla Group is reportedly in advanced talks to acquire Shell's Indian renewable energy arm, Sprng Energy, for a substantial sum. Sta...
RBI opens term money market to AIFIs, housing finance companiesThe Reserve Bank of India has opened the term money market to All India Financial Institutions and housing finance companies, allowing them...
China begins to snap at America's heels in a tightening tech raceChina’s latest supercomputer ranking has renewed debate over global technology leadership, but current evidence shows the United States sti...
RBI draft allows AIFIs, HFCs to borrow from call moneyThe Reserve Bank of India (RBI) has proposed allowing All India Financial Institutions (AIFIs) and housing finance companies (HFCs) to borr...
ADB approves USD 42.2 mln loan to boost bamboo industry in northeast regionThe Asian Development Bank has approved a $42.2 million facility to boost India's northeastern bamboo industry. This initiative aims to enh...
Brazil plans up to $735 million panda bond issuance, says finance ministerBrazil is set to launch its inaugural panda bonds, aiming to raise up to 5 billion yuan ($735 million). This significant debut marks Brazil...
China's 360 says it has developed tools to match Anthropic's MythosChina's 360 Security Technology has launched 'Yitian Tulong,' a direct competitor to American AI vulnerability detection systems like Anthr...
India remains ADB's largest private sector market; lender eyes USD 1 bn direct support in 2026India stands at the forefront of the Asian Development Bank's investment strategies as the lender aims to deploy roughly USD 1 billion in d...
Consulate General of India in Shanghai hosts International Day of Yoga at Bund Finance CentreShanghai's historic Bund was the vibrant setting for India's 12th International Day of Yoga celebration. Over 400 attendees, including dipl...