J.P. Morgan launches its own development finance institution

DAVOS, Switzerland — J.P. Morgan announced this week that it had created the J.P. Morgan Development Finance Institution, a first for a commercial entity. The new department in J.P. Morgan’s Corporate &Investment Bank will focus on development-oriented financing in emerging markets, and is expected to finance more than $100 billion annually. “We want…

Budget FAQs: What is Finance Bill?

India’s Finance minister Nirmala Sitharaman will present the budget of Narendra Modi-led government on February 1. Taking up the crucial Finance Ministry portfolio, Sitharaman has a big task at hand. In her new role, the former defense minister needs to address issues such as economic slowdown, auto sector crisis, severe agrarian crisis, NPAs marring…

11 Crucial Skills Every Small Business Owner Needs From Day One

When you own a small business, you have to take on many of the day-to-day responsibilities yourself—at least in the beginning. Having some basic knowledge across all aspects of business operations can go a long way to making your business flourish, and ultimately turn you into a more well-rounded manager…

Hipsturbia – A Major Real Estate Trend in 2020

They’re giving up on their urban residences and going for a house in the suburbs. Yes, that’s what millennials are doing as they are turning parents. And this exodus from the downtowns is not something strikingly fresh. It’s not because this generation is apt to letting go of the city lifestyle. It’s…

Investment will overshadow trade in Japan-U.S. talks

WASHINGTON – The Japan-U.S. Trade Agreement (JUSTA), the pinnacle for modern trade policy between the two allies, is now in force. While it’s not a comprehensive trade deal, the JUSTA will remove barriers for billions worth of traded agricultural and industrial goods. Leaders in Washington and Tokyo can rightly highlight the…