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India, Myanmar Completes First Transaction Exceeding Rs 1 Cr Via Punjab National Bank

The initiative aims to streamline trade transactions between India and Myanmar, enhancing efficiency by eliminating complexities associated with exchange rates through direct payment in local currencies

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India Inks USD 170 Mn Policy-based Loan With ADB To Strengthen Pandemic Preparedness

As per the ministry, the ADB programme will help the government's ongoing efforts in further strengthening disease surveillance, ensuring the sufficiency and quality of health professionals, and promoting climate-resilient public health infrastructure and service delivery

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UPI Transactions Value Breaches Rs 20 Lakh Cr Mark Again

India's Unified Payments Interface (UPI) transactions see 49 per cent year-on-year (YoY) growth in volume in June 2024 taking the processed amount to Rs 20.07 lakh crore

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Indian Textile Sector Shows Signs Of Post-pandemic Recovery: Report

The report says that Indian cotton prices are currently lower than global prices, helping cotton spinners grow their volumes

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India-US Agrees To Extend 2% Digital Tax On E-commerce Supplies Until June 30

The Finance Ministry said, that both countries will remain in close contact to ensure that there is a common understanding of the respective commitment and endeavour to resolve all issues on this matter through constructive dialogue

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India’s External Debt Likely To Rise, Forex Reserve Ratio Could Drop In FY25

India's forex reserves remain sizeable, which will provide some cushion, according to the report

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Indo-German Bilateral Trade Reached Record High $32.94 Bn

The German embassy officials gathered on Friday to talk about the German India Business Outlook survey conducted by KPMG, a multinational professional services firm.

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For MSMEs, Credit Demand Up By 35% In FY24 Against FY23: Report

The demand for credit continues to be on an upward trajectory, according to the report

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What Should Parliament Debate? My 30 Questions

After careful consideration, I found 30 questions which need constructive deliberation in the August House of the Lok Sabha in the newly built Parliament House, which metaphorically should also bring novelty and innovation to our democratic system of governance

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India's Overseas Assets Rise Over Its Foreign Liabilities In FY24: RBI Data

The ratio of India's international financial assets to its international financial liabilities improved, reaching 74 per cent in March 2024, up from 71.4 per cent in March 2023

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