'BRICS bank could become future World Bank'

The BRICS Development Bank could become a World Bank in future due to the increasing influence of emerging countries, chairman of Goldman Sachs Asset Management said on Wednesday. "If, in fact, the......

Why Foreign Financial Firms Quit India

There was no smooth surge in middle class prosperity for foreign businesses to tap into because of the Indian economy was mismanaged, argues Debashis Basu. Photograph: Nick Zieminski/Reuters Among......

PowerMin nudges states, gencos to take up insolvent assets

To tackle increasing demand, the Union ministry of power has urged central and state public-sector power-generating companies (gencos) and state power and energy departments to pick projects that......

5 Indian-origin women executives on Barron's 100 Most Influential Women in US Finance list

Five Indian-origin women executives have made it to Barron's prestigious annual '100 Most Influential Women in US Finance' list for achieving positions of prominence in the financial services......

Fund-raises by fintechs slowed by 47% in 2022

Recently, Slice, a payment app, acquired a 5 per cent stake in North East Small Finance (NESF) for $3.42 million — the first such deal by a fintech in a small finance bank. Illustration:......