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Subir Gokarn, Deputy Governor, Reserve Bank of India, speaking on demographic projections said that India would have upper edge compared to any other nation in terms of working population in coming years.

China is planning a considerable expansion of its foreign aid programs with a particular focus on infrastructure projects in countries along the land and maritime Silk Road trading routes, government officials said on Monday. The country is planning to initiate a number of strategically important aid projects to help improve transportation, energy and telecommunications in those countries, according to the Ministry of Commerce, which is responsible for administrating the country's foreign aid programs. Projects involving construction and improvement of roads, railways, ports and airports are already being implemented in countries including Laos, Myanmar, Nepal and in Central Asia, Yu Zirong, deputy director-general of the foreign aid department at the ministry, told a news conference in Beijing. "China's growing future foreign aid program will be tilted toward neighboring countries and those in the Silk Road region," Yu said. The planned shift in direction for Chinese foreign aid is a direct result of President Xi Jinping's proposed national strategy to revive the centuries-old trading routes connecting Asia and Europe, experts said. The newly created 40 billion yuan ($6.5 billion) Silk Road fund and the Beijing-initiated Asian Infrastructure Investment Bank are expected to facilitate China's foreign aid programs in the future, they said. "Such a shift indicates that China will be more inclined to offer assistance to Asia and neighboring countries," said Wang Luo, a researcher at the Chinese Academy of International Trade and Economic Cooperation. "It does not mean that the percentage of China's foreign aid to Africa will drop. It just means that Asia and countries along the Silk Road will get a greater share as China grows its aid spending," she said. Africa has been the largest recipient of China's foreign aid with more than half of spending directed at the continent between 2010 and 2012, according to a policy paper issued in June. China spent 89.34 bill

Center has set up National Company Law Tribunal (NCLT) on June 1, 2016, to look into cases relating to insolvency and bankruptcy of companies, especially those that have a huge bank debt.

Recently, SWIFT system was hacked and $81 million was successfully stolen. The money was sent to the Philippines to accounts at the Rizal Commercial Banking Corp (RCBC) held by two Chinese nationals who organize gambling junkets in Macau and the Philippines, as stated in this article.

The CBI has arrested two officials of Punjab National Bank, including a now retired deputy manager, and an authorised signatory of billionaire Nirav Modi's company in connection with alleged fraudulent transactions of Rs 11,400 crore, officials said.

This report on NAB connect case study is drafted to make aware the readers regarding the service of NAB connect provided by the National Australia Bank.

The National Cooperative Development Corporation (NCDC) Monday decided to make efforts to augment storage capacity in the cooperative sector and promote the development of cold storage infrastructure throughout the country in the coming year.

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Worry over the struggling Euro Zone economy and rising oil prices dragged Hong Kong down despite a modest gain on Mainland markets. Newly listed stocks performed poorly.

Jet Airways will be the first airlines company in the country to go into bankruptcy, as it owes over Rs 8,000 crore to banks and thousands of crores to vendors, lessors and employees.

The National Payments Corporation of India recently issued a circular stating that all merchant transactions done through PPI will be charged an interchange fee of 1.1% on the transaction amount of more than Rs.2000. However, all bank to bank UPI transactions are still free.

Ethiopia is becoming a major centre for Indian investment in Africa as companies seek new ventures in mining, textiles, leather, education and the hospitality industry in one of the world's most ancient nations.

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Industries such as retail, call centres, offices and media contribute greatly to the local economy and as a result conference venues in Leeds are plentiful, there are over 130,000 jobs based within the city centre making Leeds business conference venues a must for the many of the national companies based there. As the city also hosts the only subsidiary office of the Bank of England, business meeting venues in Leeds for the financial service sector are vitally important.

The market may attempt a technical rebound after failing to break down with momentum yesterday. Economic data releases will highlight the morning, with China and Europe on tap.

FNB Jobs

Weak guidance for several top names in construction and consumer services led industrial shares lower. Strong profits were not enough to negate adjusted earnings expectations for coming quarters.