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Finance

RBI updates KYC instructions on wire transfers for banks, institutions

The Reserve Bank on Thursday instructed banks and other financial institutions to ensure cross-border as well as domestic wire transfers contain complete information...

ADB to explore risk-factored approach for lending to developing nations: FM

Finance minister Nirmala Sitharaman on Thursday said India encourages ADB to explore adopting innovative, risk-factored approach for lending to the developing member countries...

IndusInd Bank likely to get added to MSCI during Aug rebalancing exercise

Decoded: What is index rebalancing, and how does it impact stocks?MSCI India index rebalancing could stoke Rs 13,000-crore churnStocks to Watch Today: Airline,...

Contracts to revamp New Delhi, Ahmedabad stations ‘axed’ over pricey bids

Rail stocks may chug along till budget; book profit selectively: AnalystsMumbai CSMT revamp set to be on track; Ahluwalia Contracts lowest bidderSale of...

Multiples Alternate announces $640 million first close of PE fund

Illustration: Ajay Mohanty (Reuters) - Indian private equity firm Multiples Alternate Asset Management on Wednesday announced the first close of a $640 million fund...

India’s green financing requirement estimated at 2.5% of GDP: RBI Study

India's green financing requirement is estimated to be at least 2.5 per cent of GDP annually till 2030, a Reserve Bank report said...

India’s additional green financing need at 2.5% of GDP: RBI report

India will need additional annual investment of 2.5 per cent of gross domestic product (GDP) at least for green financing till 2030. This...

Irdai proposes guidelines for remuneration of core team of private insurers

Insurance sector regulator Irdai on Wednesday proposed a revised guidelines for remuneration for non-executive directors and persons in key managerial positions of private...

Suzlon Energy announces early redemption of FCCBs worth $35.9 million

Suzlon Energy on Wednesday announced early redemption of USD 35,931,200 Foreign Currency Convertible Bonds (FCCBs) which were due for payment in 2032. "This is...

Farm subsidies impacts food security, WTO needs to look with open mind: FM

The World Trade Organisation (WTO) should look at the issue of farm subsidies with an open mind as it impacts the food security...

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