Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, on Saturday invited Mexican investors to explore opportunities in India's Global In-House Capability Centers (GICCs), aircraft leasing, ship leasing, and even foreign university setups at GIFT-IFSC, which is emerging as a global hub for reinsurance and sustainable finance.
Fiji and Japan signed an exchange of notes on Wednesday for a second stand-by disaster loan financing of around 72.0 million Fijian dollars (around 32.4 million US dollars), which will assist in any future needs for disaster recovery and rehabilitation.
Atsushi Mimura, Vice Minister of Finance for International Affairs, Japan, and Ajay Seth, Secretary, Department of Economic Affairs, Ministry of Finance, India held the dialogue 6th September, the Ministry of Finance said in a statement.
The global tech outage on Friday, triggered by a software update from a leading cyber-security firm, serves as a stark reminder of the fragility inherent in our increasingly digital world.
Rajasthan Deputy Chief Minister Diya Kumari, who also holds the Finance portfolio, on Tuesday said that Rajasthan's GDP rate in December 2023 was 11.58 per cent while in March 2024, it increased to 12.58 per cent.
The request of the Chief Minister came a day after the LG wrote a letter to him in which he expressed disappointment and concern with regards to the "pathetic" state of hospitals under the Health Department of GNCTD.
At a recent public meeting Chief Minister Mamata Banerjee had hinted at additional doles and welfare schemes for the people in the state budget.
In the ever-evolving landscape of finance, 2024 seems poised to usher in a resurgence of interest in convertible bonds. These financial chameleons, offering a steady income while retaining the capacity to transform into shares at predetermined prices, appear set for a revival.
Reddy entrusted his deputy Bhatti Vikramarka Mallu with the key departments of finance, planning and energy.
It is to be noted that at the end of 2022-23, the Indian GDP stood at $3.7 trillion. The contribution of agriculture, industry, and services to nominal GDP in 2022-23 stood at 18.4 per cent, 28.3 per cent, and 53.3 per cent respectively.
