Finance minister Nirmala Sitharaman pitches for strong, quota-based IMF https://ift.tt/cqIdDeM her remarks at the IMF Board of Governors meeting here on the theme of 'Dialogue on Policy Challenges', Sitharaman expressed concerns about the slowdown in global growth. The IMF's steering committee has agreed on achieving a "meaningful increase" in quotas by the end of this year, its chair Nadia Calvino said. The committee also agreed on common priorities to safeguard financial stability, she said.
NSE IFSC-SGX Connect may be fully operational by June https://ift.tt/XC89Iks this connectivity, global investors who are clients of SGX will be able to trade in Indian derivatives market remotely without having to set up a shop in India. Currently, only a few trades are being executed through the route.
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