Financial Products

India has urged developed countries to urgently provide finance, technology and capacity-building resources to developing and poorer nations to help them achieve their biodiversity targets. Delivering India's national statement at the 16th UN Biodiversity Conference in Cali, Colombia, Union Minister of State for Environment Kirti Vardhan Singh also announced that India will launch its updated National Biodiversity Strategy and Action Plan (NBSAP) at the conference on Wednesday. He said the country adopted a comprehensive, whole-of-government and whole-of-society approach to updating the NBSAP with goals aligned with the Kunming-Montreal Global Biodiversity Framework (KMGBF). "It is necessary to provide means of implementation, including financial resources, for the implementation of the NBSAP. A lot of ground needs to be covered in providing easily accessible means of implementation i.e. financial resources, technology and capacity building needs with the requisite speed, scope and

More companies are expected to follow suit soon as a tepid deals pipeline and lacklustre asset generation weigh on expenses and revenues

The conglomerate is being taken private by a group of investors led by private equity firm Japan Industrial Partners(JIP)

The framework also specifies the applicability of these instructions to International Financial Services Centres in India, including Gujarat International Finance Tec-City

Zenskar's flexible billing platform enables SaaS firms to handle usage-based pricing, subscriptions, nuanced discounts, credits, custom currencies, prepaid, post-paid, and ramp deals

Ahead of assembly elections in Gujarat and Himachal Pradesh, the government on Thursday approved issuance of 22nd tranche of electoral bonds that will open for sale on October 1. Electoral bonds have been pitched as an alternative to cash donations made to political parties as part of efforts to bring transparency in political funding. State Bank of India (SBI), in the 22nd phase of sale, has been authorised to issue and encash electoral bonds through its 29 authorised branches from October 1-10, the finance ministry said in a statement. The authorised SBI branches include those in Lucknow, Shimla, Dehradun, Kolkata, Guwahati, Chennai, Patna, New Delhi, Chandigarh, Srinagar, Gandhinagar, Bhopal, Raipur, and Mumbai. Assembly election dates for Gujarat and Himachal Pradesh are likely to be announced in few weeks. The 21st tranche of bond sales took place from July 1-10, 2022. Sale of the first batch of electoral bonds happened from March 1-10, 2018. SBI is the only authorised bank

ADR vs GDR: Know the difference

A depositary receipt is a financial instrument that allows people to invest in the shares of foreign companies. In this report, we tell you about the different kinds of depositary receipts

Try to save cost on mode of investing, but it is usually not wise to scrimp on the cost of advice

Oxymoney plans rolling out pre-paid cards and expand its distribution network.

The acquisition will strengthen Revolut's foundation in India and accelerate its plans to offer its remittance service and forex services to Indian customers

Around 42 per cent of non-banking financial companies (NBFCs) expect a growth of more than 15 per cent in their asset under management (AUM) in fiscal 2021-22, says an Icra Ratings survey.

RBI Deputy Governor T Rabi Sankar on Monday urged the industry to make the pricing of financial products and services transparent to minimise chances of mis-selling

But access to funding would be crucial to have a sustained improvement, says a report

SEBI has stipulated segregation of services. At present, advisers carry out both advisory and distribution services and there is no segregation.

MMM, which sells secured and unsecured loans, credit cards and insurance products, will issue convertible shares and use the proceeds to strengthen its technology, data analytics and expand its reach

Many of the recommendations made by the Sumit Bose Committee are yet to be implemented by regulators