Search For "financing"
World Bank extends USD 1 billion emergency funding to India amidst COVID-1
Updated : 5 years, 11 months ago IST
Washington D.C. [USA], Apr 3 (ANI): The World Bank on Thursday (local time) approved USD 1 billion emergency financing to India which will support better screening of coronavirus patients, contact tracing, and laboratory diagnostics. The fund will also be used for procurement of personal
Read More
Pak to seek USD 3.7 bn in loans to offset virus impact
Updated : 5 years, 11 months ago IST
Islamabad [Pakistan], Mar 26 (ANI): Pakistan has decided to seek USD 3.7 billion additional financing from three multilateral creditors including another loan of USD 1.4 billion from the International Monetary Fund (IMF) to cope with the challenges faced due to the coronavirus outbreak.
Read More
Cabinet takes decisions to promote manufacturing of critical KSMs, APIs
Updated : 5 years, 12 months ago IST
New Delhi [India], Mar 21 (ANI): The Union Cabinet has approved a scheme for promotion of bulk drug parks for financing common infrastructure facilities in three such parks.
Read More
Cabinet decides to boost domestic manufacturing of medical devices
Updated : 5 years, 12 months ago IST
New Delhi [India], Mar 21 (ANI): The Union Cabinet has approved a scheme on the promotion of medical device parks for financing common infrastructure facilities and a Production Linked Incentive (PLI) scheme for promoting domestic manufacturing of medical devices.
Read More
IMF makes available $50 billion to help address coronavirus
Updated : 6 years ago IST
Washington DC [USA], Mar 5 (ANI): The International Monetary Fund (IMF) is making available about 50 billion dollars through its rapid-disbursing emergency financing facilities for low income and emerging market countries that could potentially seek support to combat the spread of coronav
Read More
Macrotech may fend off near-term debt maturity, but refinancing risks rema
Updated : 6 years ago IST
Singapore, Mar 4 (ANI): Macrotech Developers Ltd's (MDL's) proposed bond will alleviate immediate refinancing needs, but that even if the bond goes ahead as planned, significant debt maturities and unfavourable industry conditions will keep refinancing risk high and liquidity weak, Moody's I
Read More
Kolkata court convicts two in connection with money laundering, terror fin
Updated : 6 years ago IST
Kolkata (West Bengal) [India], Feb 28 (ANI): The Sessions Court of Calcutta convicted two accused persons under the provisions of the Prevention of Money Laundering Act, 2002 (PMLA) in a money laundering case related to terror financing.
Read More
Pak's listing under increased monitoring a credit negative for banks: Mood
Updated : 6 years ago IST
New York [USA], Feb 27 (ANI): The Financial Action Task Force's (FATF's) announcement that Pakistan will remain on its list of jurisdictions under increased monitoring is credit negative for the country's banks, Moody's Investors Service said its latest credit outlook report released on Thur
Read More
Important things to know about CIBIL score for a personal loan
Updated : 6 years ago IST
Pune (Maharashtra) [India], Feb 26 (ANI/BusinessWire India): Personal loans are becoming a popular avenue of financing as they don't require any asset to be pledged as security and can be applied for easily online.
Read More
International cooperation must be enforced to prevent terrorism financing,
Updated : 6 years ago IST
Amsterdam [Netherlands], Feb 25 (ANI): In order to adequately tackle terror financing, apart from adopting laws to eradicate terror-related crimes, international cooperation must be enforced for a better investigation and prevention of terrorism financing, the European Foundation for Sout
Read More
FATF jabs Pakistan over lack of action against terror funding
Updated : 6 years ago IST
Paris [France], Feb 21 (ANI): The Financial Action Task Force (FATF) on Friday expressed concern over Pakistan's failure to complete its action plan in line with the agreed timelines against terrorist-financing (TF) and "strongly urged" Islamabad to complete its full action plan by June 2020
Read More
Weak sentiment to curb automakers' sales despite better Q3: Fitch Ratings
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Feb 19 (ANI): Slowing GDP growth and weak consumer sentiment in India will continue to weigh on auto sales despite some improvement in the quarter ended December 2019, according to Fitch Ratings.
Read More