Economy
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Israel set to make major investment in India’s semiconductor industry
In addition to the semiconductor investment Israel is also planning large scale infrastructure projects worth $35 billion.
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India plans to combine its national shares of state-run businesses to create its first sovereign wealth fund
This equity is normally invested in some of the private companies as the case with SUUTI.
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Shah Rukh Khan becomes highest taxpaying celeb in India, Virat Kohli ranks fifth
Akshay Kumar, who has previously been on numerous similar lists, was absent this year.
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RBI to introduce single lending interface to facilitate small borrowers
This significantly reduces the time required for credit assessment, especially to the benefit of small and rural borrowers.
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Urban job quality shows modest improvement but still lags behind pre-COVID levels
The increasing trend of women leaving traditional occupations raises concerns about their financial independence and security.
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India’s silver imports increase amid high demand and investment boom
Data from the Trade Ministry revealed that India imported 4,554 tons of silver in the first half of 2024, an…
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Union Minister raises concerns about the rapid growth of e-commerce firms in India
Goyal made these comments in response to a research that projected the e-commerce industry will develop significantly over the next…
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RBI Governor Shaktikanta Das tops global rankings for second consecutive year
Notably this year only three central bankers worldwide earned the distinguished 'A+' rating with Das being one of them.
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RBI announces continuous cheque clearance system
Currently, the CTS operates with a clearing cycle of up to two working days (T+2).
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RBI holds repo rate steady at 6.5%, Implications for inflation and borrowers
2 of the 6 MPC members abstained from the vote, leaving 4 in favor of maintaining the current rates.
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