Search For "assets"
Chinese regional banks sell mortgaged assets amid property sector bad loan
Updated : 1 year, 6 months ago IST
Amid a declining property market in China, regional banks are offloading non-performing real estate loans despite government pressure to support the housing sector. As of June 2024, non-performing industrial loans at local banks surged, prompting significant asset sales to manage bad debts.
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FPIs inject Rs 10,980 crore into Indian equities in first week of Septembe
Updated : 1 year, 6 months ago IST
Indian stock markets opened September on a strong note, supported by robust investments from foreign investors during the first week of the month.
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India's foreign exchange reserves continue to rise hitting fresh high of U
Updated : 1 year, 6 months ago IST
The reserves have been on an upward trend for some time. In 2024 alone, they have risen by over USD 60 billion cumulatively. This buffer of foreign exchange reserves helps insulate domestic economic activity from global shocks.
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India's Financial Services need to grow 20X to achieve $30 trn GDP by 2047
Updated : 1 year, 6 months ago IST
Despite the robust current state of India's banking system--characterized by high profitability, strong capital adequacy, and low non-performing assets (NPAs)--the sector faces challenges and opportunities to sustain its growth and support national economic ambitions.
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Ahead of PMs visit, Singapore-based CapitalLand announces to double funds
Updated : 1 year, 6 months ago IST
Lee Chee Koon, Group Chief Executive Officer, CLI said, "India is a strategic market for us and a key contributor to CLI's overall business. India has been one of our fastest-growing markets, where our investments have tripled in the last seven years. With India's GDP forecasted to grow 7 pe
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Transition from a nation of savers to investors marks a paradigm shift: PF
Updated : 1 year, 6 months ago IST
Deepak Mohanty, Chairperson, Pension Fund Regulatory and Development Authority (PFRDA) on Tuesday said that the share of cash and bank deposits in household financial assets is declining, while investments in bonds and equities are rising in the recent years, alongside a steady increase in f
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Azentio to lead insurance technology modernization through the acquisition
Updated : 1 year, 6 months ago IST
Singapore, September 3: Azentio Software ("Azentio"), a leading end-to-end software company specializing in the BFSI sector, today announced the completion of the acquisition of software assets and intellectual property (IP) of iMOTOR and Pysurance from two Kuwait-based software product comp
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Adani Green and TotalEnergies form joint venture to manage 1,150 MW solar
Updated : 1 year, 6 months ago IST
These projects are part of the world's largest renewable energy plant located in Khavda, Gujarat. AGEL will contribute its existing assets to the JV, while TotalEnergies will invest USD 444 million to accelerate the development of these projects.
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India's foreign exchange reserve touches fresh high of USD 681.7 billion
Updated : 1 year, 6 months ago IST
India's foreign exchange reserves increased by USD 7.023 billion, reaching a fresh record high of USD 681.688 billion, during the week that ended on August 23, according to data released by the Reserve Bank of India.
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Pak anti-corruption agency requests court to freeze Imran Khan close aide
Updated : 1 year, 6 months ago IST
Pakistan's National Accountability Bureau (NAB) filed a plea in an accountability court, requesting it to freeze the assets of Zulfi Bukhari, a close aide of Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan, reported ARY News.
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Altcase Has Launched India's Largest Collection of Digital FDs
Updated : 1 year, 7 months ago IST
New Delhi [India], August 30: Fintech investment apps have revolutionised the way people invest in high-risk, high-return assets like stocks and mutual funds.
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"Victory of people, govt": Karnataka Dy CM Shivakumar on HC verdict on DA
Updated : 1 year, 7 months ago IST
Following the Karnataka High Court's decision to quash a CBI application in the disproportionate assets case against him, Deputy Chief Minister DK Shivakumar hailed the verdict as a "victory for the people and the government."
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