By Business Desk :The Asian Development Bank (ADB) has expanded the Trade Finance Program (TFP) to support private sector in Bangladesh by raising its financing limit to $755 million from $518 million ... ( read original story ...)
How to flatten the recession curve and finance Bangladesh’s economic recovery
Bangladesh Bank (BB) has announced that it will ensure adequate liquidity in the financial system to support the operations of financial institutions, and has announced that it will buy treasury ... ( read original story ...)
U.S. probe into India’s digital tax not a move of aggression, says Indian govt source
NEW DELHI, June 3 (Reuters) - The U.S. government's move to launch a trade investigation into a digital services tax adopted by several countries including India should not be construed as a move of ... ( read original story ...)
India’s lockdown strategy was faulty, economy to contract 10% this fiscal: Former finance secretary SC Garg
The former finance secretary went on to say that the 2020-21 fiscal will go down in the history of India as the year when India got way-laid from its story of three decadal outstanding growth. ( read original story ...)
India’s services sector slump stretched into May – PMI
India's enormous services industry endured another month of devastating contraction in May as the coronavirus brought activity to a near halt, causing steep job losses and cementing fears of a deep ... ( read original story ...)
India Stocks Climb to Three-Month High on Economic Recovery Hope
The rally in Indian stocks showed no signs of abating Wednesday as investors continued to bet that easing of the nationwide lockdown will reboot economic growth. The rupee gained for a fourth day, ... ( read original story ...)
BMW India’s new finance plans offer 40% lower EMIs, 0% downpayment and more
An Easy Start to a Dream Car the initiative by BMW India Financial Services aims to make buying a BMW model easier with new finance schemes. With lower EMI amounts, zero-downpayment and buyback ... ( read original story ...)
Trade Finance Market Size to Reach USD 79.410 Billion by 2026 – Valuates Reports
Trade Finance signifies financing for trade, and it relates to both domestic and international trade transactions. A trade transaction ... ( read original story ...)
India’s Nifty tops 10,000 as economic reopening boosts risk appetite
Indian shares extended gains for a sixth session and the Nifty crossed the 10,000 mark for the first time since March 13, as Asia's third-largest economy gradually comes out of COVID-19 lockdowns and ... ( read original story ...)
D-Street Buzz: Banks, financials rally as economy comes out of lockdown; PNB, Bajaj Finance jump 4-5%
PSU Bank index surged almost 5 percent led by Punjab National Bank and Union Bank of India which jumped over 5 percent each followed by Bank of Baroda, Canara Bank, Central Bank of India and Indian ... ( read original story ...)