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Articles for India

Govt Considers Proposal For New Bank To Increase MSME Credit Penetration

The bank may function under the hybrid ownership of public-private partnership

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S&P Global Market Raised Growth Forecast Of China, Still Significantly Lower Than India

According to S&P, India's GDP is projected to grow at a rate of 6.7 per cent in 2024 and 6.3 per cent in 2025.

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AI Set To Revolutionise Global Banking, Boosting Profits By $170 Bn By 2028: Report

The report underscores the broader implications of AI as a GPT, likening its potential to the industrial revolution's steam engine and the internet age's transformative power

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FPI Turns Positive In June With Rs 12,170 Cr Investment; 2024 Net Inflows Remain Negative

Market experts note that the recent FPI inflows are concentrated in a select few stocks rather than being spread across the market or sectors

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Dream Big, Realise Small: India Chases $7 Tn Economy When $5 Tn Remains Elusive

For India, rising government debt is a pain point and experts note that it must be resolved by converting central and state PSUs to listed entities

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Fintech Sector Will Dominate Future Unicorns At $58 Bn: Hurun Report

The fintech startups featured in this year's report have collectively raised an investment of USD 5.7 billion

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Sri Lankan President Conveys Gratitude To India For Help During Economic Crisis

The President emphasises the urgency of expediting joint initiatives between both countries

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Consider Including All MSMEs Under GST Regime, Regardless Of Turnover: Industry Body To Govt

Currently, over 4 crore MSMEs are registered on the Udyam portal and only 1.5 crore have GST registration

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Government Can Take Control Of All Telecom Networks In Times Of Emergency Under New Telecom Act

As per the act, any telecom player who wants to establish or operate telecommunication networks, provide services or possess ratio equipment will have to be authorised by the government

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Change MSMEs' Classification Norms For NPAs From 90 Days Limit To 180: Industry Body

In a pre-budget meeting with union finance minister Nirmala Sitharaman, industry bodies such as PHDCCI, FICCI and Assocham suggest bolstering Indian micro, small and medium enterprises (MSMEs) and helping them overcome monetary hurdles

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