According to a study undertaken by Chatham House, a renowned policy institute based in London, China is moving away from a high-volume and high-risk model of investment in Africa.
Pakistan's Ministry of Economic Affairs (MEA) said it received about USD 5.115 billion in foreign assistance in 5MFY23 compared to USD 4.499 billion in the same period last year.
New Delhi [India], December 24 (ANI/PNN): Peer-to-peer deviates from the typical lending process in which borrowers request loans through conventional financial institutions. Individuals can borrow money from others using a P2P lender via an online marketplace. P2P lending is a relatively ne
Odisha Chief Minister Naveen Patnaik on Thursday said that if each panchayat produces one particular product, it will facilitate the creation of a market for it and a unique identity of each panchayat can also be created.
New York [US], December 19 (ANI/PRNewswire): J.C. Flowers & Co. LLC ("J.C. Flowers" or "the Firm"), a leading private investment firm dedicated to investing globally in the financial services industry, announced today that the J.C. Flowers Asset Reconstruction Company (the "ARC") has com
The Union Minister of State for Finance, Bhagwat Karad on Tuesday informed the Rajya Sabha that loans worth Rs 1,74,966 crores were written off by scheduled commercial banks (SCBs) in the last financial year and Rs 33,534 crores were recovered from written-off loans in the last financial yea
New Delhi [India], December 13 (ANI/NewsVoir): Upriver, India's top online channel management and sales acceleration agency recently announced its entry into financial services. Upriver will now offer business loans ranging from Rs. 5 lacs to Rs. 15 Cr, to e-commerce merchants. An entire bou
Over 16.67 crore loans involving a sanctioned amount of Rs 9.98 lakh crore have been extended under Pradhan Mantri Mudra Yojana (PMMY) in the last three financial years ending March 2022.
The fintech firm Paytm's loan distribution business scaled to 6.8 million loans disbursed during the two months ended November 2022, a year-on-year growth of 150 per cent.
India's top ambassador at the UN said the country's Duty-Free Tariff Preference (DFTP) Scheme is also applicable to several Central African countries. She assured that India will continue to engage proactively with countries in Central Africa to further peace, security and development for it