Financing

IIT fees hike: To fix the institutes, it’s essential to focus on the foundation

The IIT fees hike issue: the possibilities of financing higher education are many. There is never a shortage of money. But there is always a shortage of good intentions, and good planning.

Two arrested in Australia's New South Wales for allegedly financing Islamic State

Two people were arrested on Tuesday in Australia's New South Wales state for allegedly financing the Islamic State (IS) terror group.

Dell's $10 billion loans for EMC buy stall

The commitment deadline on $10 billion of pro-rata loans in a $45 billion financing package backing computer giant Dell’s purchase of data storage products maker EMC Corp has been extended due to a slow order book, a source close to the transaction said.

IndusInd Bank to buy RBS India's diamond and jewellery financing biz

The loan book of RBS in diamond and jewellery financing segment is about Rs 4,500 crore and also includes clients of ABN Amro Bank. Accordingly, IndusInd has also simultaneously entered into an agreement with ABN Amro, which is one of the oldest banks in this business, IndusInd Bank said in a statement.

Funding the unfunded: PM Modi launches MUDRA bank for small entrepreneurs

Prime Minister Narendra Modi on Wednesday launched the Micro Units Development Refinance Agency (MUDRA) Bank which will provide credit of up to Rs 10 lakh to small entrepreneurs and act as a regulator for 'Micro-Finance Institutions' (MFIs).

Budget 2014: Rs 10,000 crore bonanza for MSMEs

The government has decided to set up a committee, including representatives from the Finance Ministry, Ministry of MSMEs, and RBI to give concrete suggestions on the financial architecture of the MSME sector in three months.

What the humble electric toaster tells us about global financial system

For any exchange to happen, there needs to be trust and money. But money has been thoroughly abused all over the world in the aftermath of the financial crisis which broke out officially in September 2008. <br /><br /> <br /><br /> <br /><br /> <br /><br /> <br /><br /> <br /><br />

China developers closer to 'downgrade thresholds': S&P

Slower property investment is likely to cut into growth for 2012 in the world's second-biggest economy.

Stalled IMF reforms for emerging markets, leaves fund on shaky ground

Delays in ratifying historic changes to give emerging markets more power at the International Monetary Fund have threatened the lender's credibility and raised questions about its future funding and governance structure.

Funding in power projects to slow down: Fitch