The Reserve Bank of India, on Thursday, announced that it will soon set up a committee to assess the state of housing finance securitisation market in the country. The move is aimed at bringing in standardisation of asset securitisation practices to enable better management of credit and liquidity risks. The committee, which will be announced soon, will also study the …

This year’s budget is the most awaited announcement since the introduction of the Goods and Services Tax (GST) and the incumbent government’s last budget of this term. It is, indeed, a great opportunity for the government to introduce some revolutionary changes specifically for the education sector. The education sector has witnessed 16 per cent growth in recent years and it …

In a report issued by ADFD to mark Jordan’s 71st Independence Day, the Abu Dhabi Fund for Development announced that by end-2016, it provided financing for 31 development projects with a cumulative value of Dh5.7 billion through government grants and concessionary loans. The projects covered several sectors, namely mining, water and irrigation, transport, housing, agriculture, energy, education and health care. …

Maratha strongman Sharad Pawar was on Wednesday unanimously re-elected president of the Nationalist Congress Party (NCP) and he used the occasion to launch a broadside against Prime Minister Narendra Modi, accusing him of indulging in game of politics on foreign soil. Seventy-four-year-old Mr. Pawar’s re-election was declared by NCP general secretary T.P. Peetambhar Master at the party’s sixth national convention …