Global Financial Planning

India urges action to reform financial systems for debt-free Global South

India has called for a concerted global effort to reform the international financial architecture to ensure debt sustainability and prevent debt traps for the Global South that has been disproportionately impacted by multiple crises. India's Permanent Representative to the UN Ambassador P Harish was addressing the 79th Session of the UN General Assembly on 'Fostering Resilience and Growth in an Uncertain World' on Tuesday when he drew attention to how development gains have gone off the rails, threatening progress towards Sustainable Development Goals (SDG) targets. A concerted global effort is required to reform the international financial architecture to ensure debt sustainability and prevent debt traps, provide access to affordable finance, and address inequalities in global trade and investment flows, Harish said. Highlighting the need for focussing on the issues of the most vulnerable, with the aim of leaving no one behind, Harish said, Empowering women and youth is the key to

Financial institutions plan annual ESG spending of up to $500,000: Study

More than half of global financial institutions find keeping up with changing regulations as a challenge in meeting ESG goals

Global rate-cut standoff looms in 2023 policy finale; all eyes on Fed, BOE

Policymakers from fully half of the Group of 10 jurisdictions of most-traded currencies are scheduled to meet in the coming days, and interest rates for 60% of the world economy will be set

New York retains top position, Moscow sinks in financial centres ranking

New York remains the world's most favoured financial centre, with London still second and Singapore overtaking Hong Kong to come in third, latest rankings from the Global Financial Centre showed

American Express India appoints Sanjay Khanna as chief executive officer

In his new role, Sanjay Khanna will be leading several business development initiatives for American Express, while steering collaboration across its diverse businesses in India

Global finance meeting focuses on Ukraine war-driven food insecurity

Global finance leaders are putting the growing crisis over food insecurity and skyrocketing food prices at center stage as IMF and World Bank members meet in Washington

'G20 finance chiefs to warn of inflation, geopolitical risks'

The talks were held both virtually and in Jakarta and G20 finance leaders intend to issue the final communique after their meeting ends on Friday

Retirement planning: Start early and save corpus for a 90-plus lifespan

Equity and debt mutual funds, NPS, EPF and PPF are some of the key instruments you should use to build your retirement corpus

Global financial planning body decides not to renew pact with FPSB India

The agreement between FPSB and FPSB India expires on March 31, 2020