Sunday, June 15, 2025
  • PRESS RELEASE
  • ADVERTISE
  • CONTACT
Happy With Car
No Result
View All Result
  • HOME
  • AUTO NEWS
  • AUTOMATIIVE REVIEWS
  • NEW CARS
  • CAR MARKET
  • CAR BRANDS
  • TECHNOLOGY
  • INSURANCE
  • FINANCE
  • VIDEOS
Happy With Car
No Result
View All Result
Business News | India’s Economic Growth Can Be Enhanced Through Policy Autonomy and Managing Global Capital Flows Effectively: V Anantha Nageswaran, CEA

Business News | India’s Economic Growth Can Be Enhanced Through Policy Autonomy and Managing Global Capital Flows Effectively: V Anantha Nageswaran, CEA

by admin
September 2, 2024
in Insurance
0 0
0
Share on FacebookShare on Twitter


New Delhi [India] September 2(ANI): Coverage autonomy and managing international capital outflows successfully will safeguard India’s development momentum says V Anantha Nageswaran, Chief Financial Advisor to the Authorities of India.

Addressing the inaugural session on ‘Is India’s monetary sector geared as much as assist our nation’s sustained double-digit development?’ on the Financing 3.0 Summit of the Confederation of Indian Trade (CII) in Mumbai right now, CEA mentioned

Additionally Learn | Saina Nehwal Reveals Arthritis Battle, To Resolve on Retirement by Finish of 2024.

“With a modest present account deficit, India depends on international capital flows, however India has one of many brightest international financial development prospects. It’s as much as us to maintain this momentum and use it to our benefit in carving out coverage house for ourselves”, he added.

Nageswaran famous that the phenomenon of financialization, characterised by a excessive degree of market capitalization relative to GDP, results in a disproportionate concentrate on market expectations and tendencies which may distort macroeconomic outcomes and coverage discourse.

Additionally Learn | Telangana Rains: CM Revanth Reddy Urges PM Narendra Modi To Declare Floods Nationwide Calamity, Urges Him To Go to State.

“As India appears forward to 2047 with optimism and hope, that is what we should keep away from as a result of the implications of such financialization are evident in lots of superior economies, together with unprecedented ranges of private and non-private debt, financial development more and more depending on continued asset value inflation, and a large surge in inequality,” emphasised Nageswaran.

Talking on the Summit C S Setty, Chairman,of the State Financial institution of India emphasised the necessity to develop company bond market when financial institution deposits are declining. He mentioned that it’s important for non-bank monetary establishments, akin to insurance coverage corporations, mutual funds, and pension funds, to take part within the company bond market to assist channel extra capital into the market.

Addressing considerations about stagnant deposit development in banks and its affect on credit score enlargement, Setty famous that credit score development must be pushed by a various vary of economic sector gamers, and never simply banks.

The SBI Chairman famous the necessity to develop skillsets to deal with credit score to new sectors.

“We have to repeatedly innovate when it comes to delivering the merchandise. On the subject of the complicated fashions of company financing, particularly within the new rising areas like battery storage, hydrogen, and so on., additionally they require capital going ahead. Whereas we count on a lot of the capital to return from abroad to assist the home capital formation, common banks, notably giant banks, are anticipated to play an essential position in infrastructure financing,” he added.

Sanjiv Bajaj, Previous President of CII and Chairman, underscored the necessity to improve credit score availability, improve the unfold of economic markets, and additional develop & deepen the company bond market.

He emphasised the significance of fostering better concord between numerous regulators to make sure that insurance policies additionally permit for innovation and are aligned. (ANI)

(That is an unedited and auto-generated story from Syndicated Information feed, LatestLY Workers might not have modified or edited the content material physique)





Source link

Tags: AnanthaautonomyBusinessCapitalCEAeconomicEffectivelyENHANCEDFlowsGlobalgrowthIndiasManagingNageswaranNewsPolicy

Related Posts

PFM Crypto Unveils Free Crypto Mining for BTC, Doge and XRP: How Beginners Can Start Crypto Mining – Insurance Industry Today
Insurance

PFM Crypto Unveils Free Crypto Mining for BTC, Doge and XRP: How Beginners Can Start Crypto Mining – Insurance Industry Today

June 15, 2025
10 Cars That Will Become Classics In 2025
Insurance

10 Cars That Will Become Classics In 2025

June 15, 2025
Navigating Multistate Insurance Challenges in the Trucking Industry
Insurance

Navigating Multistate Insurance Challenges in the Trucking Industry

June 14, 2025
What They Don’t Want You to Know
Insurance

What They Don’t Want You to Know

June 14, 2025
Triple-I Blog | Personal Auto 2024 Underwriting Results Best Since Pandemic
Insurance

Triple-I Blog | Personal Auto 2024 Underwriting Results Best Since Pandemic

June 13, 2025
A 2023 North Carolina law changing auto insurance rate-making set to go into effect July 1
Insurance

A 2023 North Carolina law changing auto insurance rate-making set to go into effect July 1

June 12, 2025
Load More
Next Post
New Vauxhall Frontera EV and hybrid models will cost the same – Automotive Blog

New Vauxhall Frontera EV and hybrid models will cost the same – Automotive Blog

Tata Motors launches its Mid – SUV Curvv at a starting price of ₹ 9.99 lakh

Tata Motors launches its Mid – SUV Curvv at a starting price of ₹ 9.99 lakh

Categories

  • Auto News (3,369)
  • Automative Reviews (1,899)
  • Car Brands (2,025)
  • Insurance (3,375)
  • Market (1,592)
  • New Cars (2,113)
  • Technology (1,985)
  • Videos (2,102)
Happy With Car

Find the latest automotive news. Read car news from the auto industry including auto shows, latest vehicles, future cars and more.

Categories

  • Auto News
  • Automative Reviews
  • Car Brands
  • Insurance
  • Market
  • New Cars
  • Technology
  • Videos

Recent News

  • PFM Crypto Unveils Free Crypto Mining for BTC, Doge and XRP: How Beginners Can Start Crypto Mining – Insurance Industry Today
  • Why Does A Small Crack On the Roof Mean A Total Loss?
  • Laura Major Appointed CEO of Motional as Hyundai Expands US Investments, ET Auto
  • Home
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact

Copyright © 2020 Happy With Car

No Result
View All Result
  • HOME
  • AUTO NEWS
  • AUTOMATIIVE REVIEWS
  • NEW CARS
  • CAR MARKET
  • CAR BRANDS
  • TECHNOLOGY
  • INSURANCE
  • FINANCE
  • VIDEOS

Copyright © 2020 Happy With Car

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In