There is a lot of potential for Fintechs in India to expand their presence in Asia through Hong Kong because we have a very vibrant ecosystem, ”said NG | Photo credit: Jason Lee Hong Kong is chasing Indian financial signatures while promoting the $ 4.3 billion asset management sector, but market experts express reservations about the appeal of opportunity. “Hong Kong is ready to overcome Switzerland as the Global Heritage Management Center number 1 in the world certainly in the coming years,” said Charles NG, associate general director of Promotion of Investments at Invest Hong Kong, citing a group of…
Author: Daniel Reynolds
The National Bank for Agriculture and Rural Development (NABARD) has acquired a 10 percent capital participation in the 24×7 MoneyWorks Consulting PVT LTD, an agricultural company. This marks Nabard’s first investment in a start -up with liquidity problems. The 24×7 Moneyworks Consulting PVT LTD platform, Ekisancredit (EKCC), is a totally digital loan origin designed for cooperative banks, PAC and RRB. The EKCC platform integrates customs with land records, Aadhaar, Ekyc, Central Banking and EPAC systems, which allows the end -to -end automation of the rural credit life cycle.Around the last two years, Nabard has put EKCC in several banks and…
Stacie Sire VP, MD, Boeing India Engineering & Technology Center and Chief Engineer, Boeing India | Photo credit: BH1CT23644 Boeing, American aerospace and defense, appointed Stacie Sire as his new vice president and managing director of the Boeing India Engineering & Technology Center (BIETC) and also as Chief Engineer of Boeing India. The father happens to Ahmed Elsherbini, who directed this position from April 2021 to January 2025.In his new role, Sire will supervise the strategy, operations and capabilities of Equipment in India, supporting long -term business growth. In addition, as Chief Engineer of Boeing India, Sire will manage the…
The rupee was consolidated in a narrow range and settled for the lowest day in 8 lands to 85.23 (provisional) against the US dollar on Tuesday, since the support of positive national equations was denied by the coverage of dollars by investors. Forex Traders said that foreign fund entries supported the national unit. However, a recovery in crude oil prices abolled the feeling of investors. More, the concerns persisted in the winds against tariffs and monetary policy of the United States that could cushion demand. In the interbank currencies, the National Unit opened to 85.11 and moved between the maximum…
The US Vice President, JD Vance, offers comments at the Rajasthan International Center in Jaipur, India, on Tuesday, April 22, 2025. Photo credit: Kenny Holston/Pool through Reuters The United States is looking to sell more energy and defense teams to India, Vice President JD Vance said on Tuesday, adding that the ties between the two countries will shape the century.”If India and the United States work together successfully, we will see a 21st century that is prosperous and peaceful,” he said in a speech in the Indian city of the northwest of Jaipur.”But I also believe that if we don’t…
The RBI issued a final circular on Monday entitled “Basel Basel III Framework on liquuidity standards Liquuity coverage (CSF)-Relision of High-quality Liquid Assets (HQLA) and runoff rates in certain categories of deposits”.The bankers will throw a sigh of relief since the runoff rates that will be applied to the deposit outputs have cut in the final version of the frame of the liquidity coverage ratio (CSF), FISH-A is the rigid recipes contained in the circulation of the Draft of July 2024. The effect of reduction in runoff rates is that banks will have more loan resources to support growth. A…
American vice president JD Vance pronounces a speech at the Rajasthan International Center, in Jaipur, India, April 22, 2025. Photo credit: Reuters/Anushree Fadnavis President Donald Trump wants both the United States and India to grow and the two countries can work together in all sectors, including trade, defense and energy for a winning association, American vice president JD Vance on Tuesday.Vance, who is on a mainly personal visit to India, was a speech in the northwest state of Rajasthan, a day after having conversations with Prime Minister Narendra Modi in New Delhi.His trip comes at a time when India hastened…
The funeral of Pope Francis, who died on Easter Monday at the age of 88, will take place on Saturday morning, said the Holy See in a statement on Tuesday.The Mass will be held by the Dean of the Faculty of Cardinals, Giovanni Battista Re, according to the statement, while the body of the Pontiff will be on public exhibition since Wednesday so that the mourners lend their respect.The Pope’s funeral will attract the main political figures to Rome in a moment of growing geopolitical tensions. The president of the United States, Donald Trump, said Monday that he and the…
Uniqus Consultch, a supplier of accounting solutions and ESG has raised $ 20 million in Funds of the C series led by existing investors Nexus Venture Partners and Sorin Investments. The funds will boost the global expansion of UNIQUS, will launch new services and accelerate the R&D led by AI to address the challenges of reports and risk management.Founded in 2022, Uniqus Consultch is a consulting company with global technology that specializes in accounting and reports, ESG and Technological Consulting.”Our last round of financing positions positions us to expand our capabilities and geographical presence as we take advantage of a…
Csir Niist logo, which is now in the year of the golden jubilee. The CSIR-National Institute for Interdisciplinary Science and Technology (CSIR-NIIST), Thiruvananthapuram, will be organic of a “conclave on the monetization and transfer of IP technology” on May 14 on its campus here as part of its Golden Jubilee celebrations.VK Saraswat, Member, Niti Aayog, will open the event in a function that must be chaired by C Anandharamakrishnan, director, Csir Niist, an official spokesman said here. IP rights protectionThe conclave aims to train research organizations and industries to strategically protect intellectual property (IP), its commercial potential and translate IP…