Deutsche Bank Infuses ₹5,113 Crore to Boost India Operations Deutsche Bank, one of the leading global financial institutions, has announced a substantial investment of ₹5,113 crore to enhance its operations in India. This move comes as part of the bank’s strategy to strengthen its position in the Indian market, which has been growing rapidly in…
Airbus Launches State-of-the-Art Headquarters and Training Centre in India Introduction to the New Headquarters Airbus, the European aerospace giant, has inaugurated a state-of-the-art headquarters and training centre in India, a significant step in enhancing the company’s footprint in the Indian aerospace sector. This facility, located in Hyderabad, is expected to serve as a crucial hub…
India and South Korea Set to Join FTSE Russell EMGB Index in 2025 In a significant development in global finance, India and South Korea have been announced as the latest additions to the FTSE Russell Emerging Markets Government Bond Index (EMGB), effective from 2025. This inclusion marks a vital step in enhancing the visibility and…
India’s Forex Reserves Hit Record High of $692.3 Billion Introduction to Forex Reserves India’s foreign exchange (Forex) reserves have reached an unprecedented milestone of $692.3 billion, according to the Reserve Bank of India (RBI). This marks a significant increase from the previous week’s total of $690 billion. This surge in reserves can be attributed to…
India and Uzbekistan Sign Bilateral Investment Treaty in Tashkent On September 28, 2024, India and Uzbekistan formalized a significant Bilateral Investment Treaty (BIT) in Tashkent, aimed at enhancing economic cooperation and attracting foreign investments. The treaty was signed during a high-level meeting between Indian External Affairs Minister S. Jaishankar and his Uzbek counterpart, Bakhtiyor Saidov….
P-Note Investments in Indian Markets Soar to Nearly 6-Year High In recent developments, investments through participatory notes (P-Notes) in the Indian markets have surged to a nearly six-year high, reaching a staggering figure. This significant increase in P-Note investments indicates growing investor confidence in the Indian market despite global uncertainties. Let’s delve deeper into this…
RBI Introduces FEMA Regulations for Direct Listing on International Exchanges In a significant move, the Reserve Bank of India (RBI) has introduced Foreign Exchange Management Act (FEMA) regulations for direct listing of Indian companies on international stock exchanges. This initiative aims to streamline the process for Indian companies seeking to list directly on foreign bourses,…
Telangana Grabs India’s First Gorilla Glass Factory In a significant development that showcases Telangana’s growing prominence in the manufacturing sector, the state has successfully attracted India’s first Gorilla Glass factory. This milestone has far-reaching implications for the state’s industrial landscape and the broader economy. In this article, we will delve into why this news is…
Russia’s Dilemma: Large Amounts of Indian Rupees That It Can’t Use Russia has recently disclosed that it holds a significant amount of Indian rupees, but it is facing difficulty in using them. The problem has arisen because of the Reserve Bank of India’s stringent regulations, which prohibit foreign entities from using rupees for transactions within…
Singapore Airlines investment Air India : Singapore Airlines Receives 25.1% Stake in Air India Group After Investing $267 Mn Singapore Airlines has invested $267 million in the Air India Group and received a 25.1% stake. This deal is significant for the aviation industry and marks the first investment by a foreign airline in an Indian…
