Category: Finance News

Jul 4

China to Start Interest-Rate Swap Connect With Hong Kong

The People’s Bank of China, the Hong Kong Monetary Authority and Hong Kong’s Securities and Futures Commission are working to develop swap connect that would enable offshore investors to execute interest rate derivatives transactions with onshore investors in mainland China. China will also raise currency its swap with Hong Kong to 800 billion yuan ($119 billion) from […]
Jul 3

Passenger vehicle sales puts a strong show in June

For the month of June, the overall passenger vehicle sales came at 3,20,849 units, which marks a 25 per cent growth YoY. What’s interesting to note is that despite supply chain constraint, long-waiting periods, the consumer demand continues to remain robust. In fact, looking at the month gone by, the industry saw some big blockbuster […]
Jul 3

National Education Policy a game-changer that can overhaul country’s education, says MoS Education

The National Education Policy (NEP) 2020 is a ‘game-changer’ that can overhaul the country’s education system by reorienting, redesigning, and realigning its processes, Minister of State (MoS) for Education Rajkumar Ranjan Singh stated at the 27th professor G Ram Reddy Memorial Lecture on ‘Indian Education System in the Journey of 75 years of India’s Independence’ […]