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Posted on October 27, 2020

New FATF guidelines challenging, admits Pakistan as country continues to be on grey list

Announcing its decision last Friday, FATF stated that it doesnt consider that actions claimed to have been taken by Pakistan were effective enough or strong enough to stop those engaged in terror ... ( read original story ...)

Posted on October 27, 2020

Equitas Small Finance Bank IPO: Here’s how to check share allotment status via registrar, BSE website

The Rs 518-crore Equitas Small Finance Bank IPO (initial public offer), which was ... earnings so far have beaten Wall Street expectations BECA agreement with US: India to emerge as a decisive ... ( read original story ...)

Posted on October 27, 2020

Tax only domestic income of foreigners, industry bodies suggest Finance Ministry: Report

The aim is to make India an attractive destination for residency for expatriates managing foreign direct investment (FDI) in the country ... ( read original story ...)

Posted on October 27, 2020

IFC to support Netafim India’s capex & working capital requirements

International Finance Corporation (IFC) says it will support irrigation major Netafim India's capex and working capital requirements. The company would require around $75 million for its proposed ... ( read original story ...)

Posted on October 27, 2020

Vivifi India Finance boss says the best part of WFH is focus and efficiency in pyjamas

The conventional workweek might have had its day, believes Anil Pinapala, founder, Vivifi India Finance. “We should enjoy and adapt to the current reality of working from home. It may be how most of ... ( read original story ...)

Posted on October 27, 2020

Laos reopens local border gates to facilitate business

The Lao Government is temporarily reopening some local and customary border crossings in a bid to revive the economy and minimise the impacts of the COVID-19 pandemic, the English-language newspaper ... ( read original story ...)

Posted on October 27, 2020

‘Impossible Trinity’ Pushing India’s RBI Toward Stronger Rupee

One of the toughest challenges central bankers face is how to navigate the “Impossible Trinity” -- maintaining monetary policy independence while allowing a steady flow of foreign capital and keeping ... ( read original story ...)

Posted on October 27, 2020

India’s New Fintech Sandbox Program will be Managed by Recently Established International Financial Services Centres Authority

India's new Fintech sandbox program will be managed by recently established International Financial Services Centres Authority. ( read original story ...)

Posted on October 27, 2020

Billionaire Adelson’s Las Vegas Sands mulls US$6 billion sale of US casinos to focus on Macau, Singapore markets

Las Vegas Sands is exploring the sale of its casinos in Las Vegas, a move that would mark billionaire Adelson’s exit from the US gambling industry. ( read original story ...)

Posted on October 27, 2020

Hong Kong’s Weaker Financial Hub Appeal is Japan’s Opportunity, Aso Says

Japan should consider setting up a special economic zone for global banking businesses now that Hong Kong is losing its appeal as a financial hub amid China’s crackdown, Japanese finance minister Taro ... ( read original story ...)

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