Beyond Financial News

MDBs) to share their project implementation expertise and help draw the road map for becoming a developed nation by 2047. The finance ministry held a meeting with multilateral lenders on March 7 and sought their inputs on what it termed a «budget-plus and finance-plus» strategy, which would essentially cover the entire spectrum of project execution and go beyond just planning and financing, people aware of the details told ET. The ministry has reached out to various multilateral bodies to help mobilise other development finance institutions (DFIs) and investors, they said. The ministry wants these MDBs — such as the World Bank and the Asian Development Bank — to also help develop strategies to reduce time and cost overruns, and enable knowledge and technology transfers, among others, they said.

copyrights, trademarks and patents in technical textiles, which are meant for non-aesthetic purposes. The textiles ministry has proposed 10 years of exclusive rights for the industry to commercialise the intellectual property (IP) if their funding contribution is at least 50% in projects funded under the National Technical Textiles Mission (NTTM). Similarly, the industry would get exclusive rights for two years for contributing at least 10% in the projects. As per the draft rules, the IP of the research outcome will generally vest with the host institution on behalf of the ministry. For all Indian patents, the government will have march-in rights, including the option of compulsory licence, in case of any exigency arising for the patent and technology to protect the interest of public, it said. The ministry has sanctioned 137 projects valuing around ?474 crore under the NTTM.

financial services, the gold loan (GL) sector, particularly NBFCs, has substantially evolved over the past two decades. It has become indispensable for lower- and middle-income households, emphasising that GLs are a crucial financial safety net for many. GLs enable individuals to access cash using gold as collateral without losing ownership. This shows its vital contribution to financial stability. They are short-term, low-obligation debt where borrowers anticipate future financial resources for repayment. GLs go beyond mere financial transactions. They encompass legacy, emotions, promises and deep-rooted trust. They are more than monetary support. They're a testament to the borrower's confidence and determination to face future challenges, fuelling aspirations in their endeavours. Efforts by GL NBFCs have propelled gold loans into a recognised financial category across India. This push has initiated a noteworthy migration from the unorganised to the formal market. Despite these strides, about 70% of gold loans are still disbursed in the unorganised sector, indicating significant room for growth and integration into the mainstream financial system.

Before opening a fixed deposit (FD) account, depositors are meant to compare the interest rates offered by different commercial banks. Typically, the interest rates of most banks are in the same range but marginal difference over a long period of time can make significant difference to the overall wealth creation.

In recent days, Shiba Inu (SHIB), the popular dog-themed cryptocurrency, has seen a notable decline in its price, driven by a wave of profit-taking across the crypto sector.

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

Goldman Sachs Group Inc. and JPMorgan Chase & Co. have been leading the charge to get employees into the office more often, but it’s their smaller industry peers who are more likely to demand full-time on-site work.

MA Chidambaram Stadium today at 8 pm. Passenger Specials train will be running between Velachery– Chintadripet-Velachery on 22nd and 26th March 2024.

(Reuters) -Luggage maker Samsonite International on Friday said it plans to pursue a dual listing in addition to its listing on the Hong Kong Stock Exchange to increase the liquidity of its shares and reach investors in more markets.

«Large caps are better placed in terms of valuation comfort and growth visibility. However, volatility in the broader market cannot be ruled out. Key event to watch – BOE interest rate decision,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal.

LPL has expanded its ranks yet again as it drafts another advisor from Osaic. LPL Financial announced the addition of Nolan Venable, an experienced financial advisor and enrolled agent, to its network.

peanuts is a simple pleasure that mixes action with taste. As you grip the smooth shell between your fingers, there's an anticipation, a thrill in the impending release of the hidden treasure within. The satisfying crack as the shell yields to pressure is music to the ears, followed by the revelation of the tightly packed kernel nestled inside. The act engages multiple senses. The faint aroma of roasted nuts tickles the nostrils, heightening what is to come. The shell's woody texture resists, before giving way to smoothness. And, finally, taste of the nut itself, with its rich, earthy flavour, rewards the effort expended. Cracking open peanuts also fosters a sense of camaraderie and conviviality. Whether shared at sports grounds or picnics, or as a snack among friends, the communal act of sharing peanuts with shells brings people together, sparking conversation and laughter.

NSCN-IM President Q.Tuccu said that our flag tells everything about our nation, our identity that nobody can take it away. It is this flag that brings us all together as a nation. Tuccu while speaking at the 45th Republic Day celebration in the NSCN-IM’s headquarter in Hebron said, “ Our flag tells everything about our nation, our identity that nobody can take it away.

FTX’s caretaker chief executive has branded Sam Bankman-Fried a deluded criminal who masterminded a “colossal fraud,” and accused the bankrupt cryptocurrency exchange’s founder of lying about the losses incurred by former customers in an attempt to reduce his sentence.

In this world nothing can be said to be certain, except death and taxes.

With a demographic shift, rising disposable incomes, and a government actively pushing financial inclusion, the Indian insurance sector stands on the cusp of another promising year in 2024. Life, health and motor will witness more growth with evolving consumer needs. Statistics reveal a burgeoning middle class, which with its increasing purchasing power, is expected to comprise 47% of the population by 2030. Rising income will invariably lead to more awareness and affordability towards insurance in the times to come.

₹40 crore (including buyer's premium) setting a new global benchmark for the artist. The sale, coinciding with Souza’s 100th birth anniversary, sold 100% of the lots offered, surpassing the low estimates by a whopping 310%. Notably, the auction's success extended beyond Souza's iconic masterpiece, The Lovers.

Holi 2024: Go beyond colors! Choose Made-in-India gifts for your loved ones Their playful antics with colours during Holi have become legendary, inspiring devotees to partake in joyous celebrations. Here are the different forms of Holi celebrated in 'Braj': The Banke Bihari Temple in Vrindavan hosts Phoolwali Holi, where the enchanting tale of Lord Krishna and Radha playing with flowers comes alive. Devotees gather at the temple to witness a priest, representing Lord Krishna, showering colourful flowers upon them.

By Leika Kihara and Tetsushi Kajimoto

Investing.com-- Japan’s Nikkei 225 index rose sharply to record highs on Thursday as investors remained largely optimistic about a dovish Bank of Japan despite the central bank’s first rate hike in 17 years. 

An expected long legal battle has begun over a new rule that requires companies to disclose some emissions and climate-related information