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    India’s GDP will contract by 10.3% in 2020-21 fiscal year, says IMF

    India’s GDP will contract by 10.3% in 2020-21 fiscal year, says IMF

    14 Oct 2020

    With the coronavirus pandemic still to be contained and the central government’s stimulus measures having limited impact on economic activities and consumer demand, the outlook for the Indian economy for...

    KKR to invest $755 million in retail arm of India’s Reliance

    KKR to invest $755 million in retail arm of India’s Reliance

    23 Sep 2020

    Reliance Industries Limited (RIL), controlled by Asia’s richest man Mukesh Ambani, has raised 1.65 trillion rupees ($22.43 billion) over the past few months through stake sales at its digital unit...

    Indian shares flat; eyes on border talks, industry data

    Indian shares flat; eyes on border talks, industry data

    11 Sep 2020

    Indian shares were flat on Friday, after an agreement to de-escalate tensions on the contested Indo-China border helped offset some impact from a selloff in U.S. tech stocks overnight,...

    India plans to reduce number of state-owned banks: Sources

    India plans to reduce number of state-owned banks: Sources

    20 Jul 2020

    India is looking to privatise more than half of its state-owned banks to reduce the number of government-owned lenders to just five as part of an overhaul of the...

    Next union budget to cut import duty on gold from current 12.5%

    Next union budget to cut import duty on gold from current 12.5%

    15 Jan 2020

    Union Budget 20-21 is likely to cut the import duty on gold from the current 12.5 per cent with a view to push exports of jewellery despite the reduction likely...

    Matching the funding gaps in the next decade

    Matching the funding gaps in the next decade

    29 Dec 2019

    Taponeel Mukherjee, Indo-Asian News Service As we come to the end of a decade that witnessed unprecedented monetary policy expansion, an eye on the trends observed and those rapidly...

    Indian expats in UAE required to link Aadhaar, PAN cards by end of 2019

    Indian expats in UAE required to link Aadhaar, PAN cards by end of 2019

    29 Dec 2019

    Gulf Today, Staff Reporter The Indian Government announced the requirement of NRI’s (non-resident Indian’s) to get their PAN cards and Aadhaar cards or the Unique Identification card linked by...

    Indian benchmark indices Sensex, Nifty at all-time highs

    Indian benchmark indices Sensex, Nifty at all-time highs

    18 Dec 2019

    Benchmark indices Sensex and Nifty hit their fresh all-time highs on Wednesday.The S&P BSE Sensex rose 206 points to 41,558 while the Nifty50rallied by about 56 points to close at...

    India’s FY20 growth forecast cut to 5.1 per cent by ADB

    India’s FY20 growth forecast cut to 5.1 per cent by ADB

    11 Dec 2019

    In another sharp downgrade for the Indian economy’s outlook, the Asian Development Bank (ADB) has revised the estimate for India’s growth rate in the financial year 2019-2020 downwards to 5.1...

    India cuts onion stockholding by 50%

    India cuts onion stockholding by 50%

    04 Dec 2019

    To check onion hoarding, the central government in New Delhi decided to reduce by 50 per cent the stock limit for the wholesale and retail traders to 25 tonnes and...

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