Climate Fund Approves $1billion For Projects In Poor Countries
A UN-backed fund has approved more than 1 billion dollars for 19 new projects to help developing countries tackle climate change.
Officials overseeing the South Korea-based Green Climate Fund stated the funding approved at the meeting in Manama includes projects linked to geothermal energy in Indonesia, greener cities in Europe and West Asia, and protection for coastal communities in India.
CBDT Releases Direct Tax Statistics: Key Highlights
Continuing the practice of placing key statistics relating to direct tax collections and administration in public domain, the Central Board of Direct Taxes (CBDT) has further released time-series data as updated up to FY 2017-18 and income-distribution data for AY 2016-17 and AY 2017-18.
IFC Launches $1 Billion Masala Bond Programme In The US and Europe
International Finance CorporationNSE 0.00 %, a member of the World Bank Group, has launched a $1-billion masala bond programme to fund its investment activities in India.
The announcement comes in the backdrop of the Indian government looking to boost capital flows into the country. The government has taken a series of steps to support masala bonds —rupee-denominated borrowings issued overseas — including exempting these from withholding tax.
India Ranked 9th Most Valuable Nation Brand
India has secured ninth rank out of top 50 valuable national brands, according to a report titled ‘Nation Brands 2018’ released by Brand Finance, a leading brand valuation and strategy consultancy.
India's brand value was $2,046 billion in 2017 and has increased to $2,159 billion in 2018. The US topped the list with a brand value of $25,899 billion which rose by 23% from last year. China is at the second spot with a brand value of $12,779 billion.
India Ranked 9th Most Valuable Nation Brand
India has secured ninth rank out of top 50 valuable national brands, according to a report titled ‘Nation Brands 2018’ released by Brand Finance, a leading brand valuation and strategy consultancy.
India's brand value was $2,046 billion in 2017 and has increased to $2,159 billion in 2018. The US topped the list with a brand value of $25,899 billion which rose by 23% from last year. China is at the second spot with a brand value of $12,779 billion.
