The Insolvency and Bankruptcy Board of India (IBBI) has proposed reforms to expedite the insolvency process for real estate companies, aiming to provide relief for homebuyers. The proposed changes prioritize timely possession of units, ensure fairer claim valuations, and increase…
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The Reserve Bank of India is organizing a ‘coin mela’ at the Sonepur Fair on November 19th to exchange old currency and promote financial literacy. The RBI also directed banks to prioritize lending to creditworthy small and medium-sized enterprises (MSMEs)…
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The RBI has stated that it cannot direct banks to forgive loans of those impacted by the Wayanad landslides. However, they have suggested alternatives like loan moratoriums or restructuring. This follows the central government’s refusal to classify the Wayanad tragedy…
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Best Hybrid Mutual Funds to Consider for Diversified Investing Hybrid mutual funds have gained immense popularity among investors for their ability to provide a balanced investment approach. These funds invest in a mix of equity and debt instruments, offering the…
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Government initiatives like the PLI schemes have boosted local manufacturing, leading to significant investments and job creation. However, experts suggest additional measures like GST rationalisation, improved credit access for MSMEs, and a focus on product design to further enhance ‘Make…
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More than 200 parts or components (over 50 per cent of total parts) required to develop electrolysers are being imported from other countries.
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