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Read more about Reimagining the DFI: The role has to be thought through creatively on Business Standard. It was clear even when the business blueprint of IDFC Ltd was being drawn up that a model based on a DFI which floated bonds (retail or wholesale) may not work ....
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(MENAFN - The Peninsula) Doha: On its seventh edition, Qumra an annual incubator for emerging global talent organised by Doha Film Institute (DFI) will be held online next month. By going online, Qumra 2021 is expected to reach more audiences around the world, providing both industry professionals and the general public access to a variety of events. A vital and indispensable platform for emerging voices in film, Qumra returns for a 7th edition with a fully online programme and unprecedented access for global audiences to be part of the event. Don t miss #Qumra21 from March 12th to 17th. #Qatar #SupportArabCinema, DFI tweeted on Thursday. ....
On the back of lower interest rates, advanced economies are adopting a more liberal fiscal approach. India is not in a position to embrace the same path. Inflation, for instance, is still a worry and higher debt can create instability in a developing country fairly quickly. In the context of fiscal management, our lead editorialnotes that instead of making higher public debt a permanent constraint for the Indian economy, the government should address its inability to mobilise revenues. India’s tax-GDP ratio has remained largely static for decades. This Budget does little to assure strong growth beyond FY22. As I have written before, we will find it difficult to exceed an average of 5 per cent growth in the medium-term, writes ....
The finance minister, in the Budget speech, had promised that the new DFI would be professionally managed. This was interpreted by most observers to indicate it would have a large, preferably a controlling, share for the private sector and the management would be selected accordingly. However, it now transpires that the state-controlled India Infrastructure Finance Company (IIFCL) will serve as the seed for the new DFI. In this context, our lead editorialnotes that a bail-out of IIFCL and a renaming, alongside a line of credit that will probably allow the new institution to repeat the mistakes of the old. It is hard to see how and why any private-sector pool of long-term capital would want to go into business with such an institution. ....