Latest News for: India wealth fund

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Russia rewards friends in latest market reboot

The Irish Times 15 Aug 2022
Unfriendly countries to remain subject to capital controls. Moscow ... Photograph. Natalia Kolesnikova/AFP Bloomberg News. Mon Aug 15 2022 - 19.13 ... And Russia’s sovereign wealth fund may now invest in the currencies of nations like China, India and Turkey, after penalties blocked euro and dollar purchases ... 24 ... — Bloomberg. 2022 Bloomberg L.P. .
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Russia unplugs foes, rewards friends in latest market reboot

Stars and Stripes 15 Aug 2022
And Russia's sovereign wealth fund may now invest in the currencies of nations like China, India and Turkey, after penalties blocked euro and dollar purchases ... Even now, it is possible for investors to sell their holdings, albeit at depressed prices, according to Viktor Szabo, a fund manager at Abrdn in London.
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Russia-Ukraine war: List of key events, day 171

Al Jazeera 13 Aug 2022
Here are the key events on Saturday, August 13. Fighting ... Economy ... Russia is considering buying the currencies of “friendly” countries such as China, India and Turkey to hold in its National Wealth Fund (NWF), having lost the ability to buy dollars or euros due to sanctions, its central bank has said ... .
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Russia's wealth fund could add China's yuan as the Kremlin explores other currencies while sanctions ...

Business Insider 12 Aug 2022
Oleg Elkov/Gety Images Russia is looking to add China's yuan, India's rupee, and Turkey's lira to its wealth fund ... Russia's central bank is looking to add China's yuan, India's rupee, and Turkey's lira to its wealth fund, as Western sanctions keep the Kremlin's dollars and euros frozen.
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India says no pressure on it to limit energy purchases from Russia

The Times of India 12 Aug 2022
... cap on Russian oil that Washington hopes will make it harder for Moscow to fund the war ... Its central bank said on Friday that the country was considering buying the currencies of "friendly" countries such as China, India and Turkey to hold in its National Wealth Fund.
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India is under no pressure on it to limit energy purchases from Russia: MEA | Mint

Live Mint 12 Aug 2022
Treasury Secretary Janet Yellen last month described as "encouraging" talks with India about a ... Its central bank said on Friday that the country was considering buying the currencies of "friendly" countries such as China, India and Turkey to hold in its National Wealth Fund.
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Russia could buy yuan, rupees, Turkish lira for rainy day fund – central bank

FX Empire 12 Aug 2022
MOSCOW (Reuters) – Russia is considering buying the currencies of “friendly” countries such as China, India and Turkey to hold in its National Wealth Fund (NWF), having lost the ability to buy dollars or euros due to sanctions, the central bank said on Friday ... the rainy day fund.
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Russia Could Buy Yuan, Rupees, Turkish Lira For Rainy Day Fund: Report

NDTV 12 Aug 2022
Russia is considering buying the currencies of "friendly" countries such as China, India and Turkey to hold in its National Wealth Fund (NWF), having lost the ability to buy dollars or euros due to... .
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Russia Could Buy Yuan, Rupees, Turkish Lira For Rainy Day Fund

NDTV 12 Aug 2022
Russia is considering buying the currencies of "friendly" countries such as China, India and Turkey to hold in its National Wealth Fund (NWF), having lost the ability to buy dollars or euros due to... .
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Russia could buy yuan, rupees, Turkish lira for rainy day fund, says central bank

Financial Express 12 Aug 2022
Russia is considering buying the currencies of “friendly” countries such as China, India and Turkey to hold in its National Wealth Fund (NWF), having lost the ability to buy dollars or euros due to sanctions, the central bank said on Friday ... rainy day fund.
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Mutual funds: Creating wealth the SIP way

Financial Express 11 Aug 2022
Mutual funds in India have travelled a long and enriching journey in around six decades of their existence in the post-independence era. Starting with the launch of the Unit Trust of India (UTI) in 1963, mutual funds have since been one of the most consistent financial instruments for wealth generation.
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Data Drive: Keeping the debt date

Financial Express 11 Aug 2022
The interest coverage of India Inc has improved to 5.76 in FY22 from ... Mutual funds. Creating wealth the SIP wayAlso Read ... WTO’s changing landscape and India.
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75 Equity Mutual Funds and their returns in 1,3,5 and 10 years: Up to 39% gain!

Financial Express 10 Aug 2022
Mutual Funds have emerged as one of the most popular wealth generators for investors in India in the last few decades ... The number of SIP accounts stood at an all-time high of over 5.61 crores in July with a monthly SIP of Rs 12,140 crores, according to Association of Mutual Funds in India (AMFI) data.
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CV sector offers biz scope for EV firms, says Ather’s Mehta | Mint

Live Mint 01 Aug 2022
Bengaluru-based Ather Energy, backed by Hero MotoCorp and quasi-sovereign wealth fund National Investment and Infrastructure Fund, was one of India’s earliest electric two-wheeler makers to design and develop battery packs and vehicles for the local market.

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