For sovereign funds, India is the place to be With volatility plaguing global commodity markets, sovereign wealth funds (SWFs) have turned to India to park their funds. The value of Indian stocks held by these investors is up 32 per cent in the first eight months of 2016, at ₹2.31 lakh crore. In 2015, too,
Research Reveals Major Impacts Of Angels — And Some Angel Groups Outperform VCs
Research Reveals Major Impacts Of Angels — And Some Angel Groups Outperform VCs Angel investing is not just about funding startups. It’s about experienced entrepreneurs providing hands-on assistance and expert advice to help new companies grow. This combination can lead to financial and other personal rewards. Readers have seen me repeat this, but now there’s
USAID, Finance Ministry bring Catalyst for digital payments in India
USAID, Finance Ministry bring Catalyst for digital payments in India The U.S. Agency for International Development (USAID) announced the launch of a new initiative, called Catalyst, on Friday, in partnership with the Indian finance ministry, to scale digital payments systems in India. The project will be implemented in a single city as a pilot to
SoftBank and Saudi Arabia Partner to Form Giant Investment Fund
SoftBank and Saudi Arabia Partner to Form Giant Investment Fund SoftBank of Japan has already earned a reputation as one of the most ambitious technology companies around, unafraid to strike huge deals. Now the conglomerate is aiming to become one of the world’s biggest investors in tech — potentially with the help of Saudi Arabia.
IMF revises India’s GDP forecast to 7.6% on robust growth momentum
IMF revises India’s GDP forecast to 7.6% on robust growth momentum Less than three months after trimming its India growth forecast, the International Monetary Fund (IMF) on Tuesday raised it by a tad, citing the resilience of its economy and robust growth momentum. The IMF now expects the economy, Asia’s third largest, to expand 7.6%
Bank of England sees Brexit impact on jobs and investment
Bank of England sees Brexit impact on jobs and investment British investment and employment are likely to be flat over the coming year because of the June vote to leave the European Union, according to a Bank of England survey of businesses that leaves it on track to cut interest rates again this year. The
G.M. Job Shift From Mexico Tests a Trump Premise
G.M. Job Shift From Mexico Tests a Trump Premise In the realm of international trade, it is a truism seemingly as consistent as gravity: Jobs and investment flow from north to south, while manufactured goods travel the other way around. Factories in the United States and Canada shutter as work shifts to Mexico and Central
The $8 Trillion Fight Over How to Rid America of Fossil Fuel
The $8 Trillion Fight Over How to Rid America of Fossil Fuel For every economist, there exists an equal and opposite economist, and they’re both wrong. Like many jokes, this one is funny (to economists, anyway) because it’s true. What isn’t so funny is its application to the biggest challenge of the 21st century: How to shed
The Hunt Is On for a New Way to Measure the World’s Economic Output
The Hunt Is On for a New Way to Measure the World’s Economic Output Gross domestic product is so twentieth century. The measure has risen from humble beginnings during the Great Depression to be an essential gauge for governments and central banks the world over. Long-term investors allocate capital based on its findings; traders buy
White House proposes rule to welcome immigrant entrepreneurs
White House proposes rule to welcome immigrant entrepreneurs The Obama administration proposed a rule on Friday aimed at attracting thousands of immigrant entrepreneurs to start companies in the United States. The rule, proposed by the Department of Homeland Security, would ease the ability of startup founders to build companies if they have significant funding from
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