Investment in Indian real estate by Alternative Investment Funds (AIFs) has reached nearly Rs 75,500 crore, accounting for 17% of total AIF inflows across sectors. Real estate remains the preferred sector for AIF investments, driven primarily by Category II AIFs,…
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The Reserve Bank of India has significantly increased its position in the non-deliverable forward market to support the rupee, which is under severe pressure. The rupee hit an all-time low of 84.6825 per U.S. dollar, prompting interventions from the RBI.…
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Earlier, the NFRA had invited public comments on SA 600 until October 30th, amid a tussle with the ICAI over auditing standards. As stated by the NFRA, the feedback received during the public consultation has been largely positive. The final…
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India’s petrol, diesel and jet fuel sales shot up in November this year compared to the same month last year, reflecting the higher level of economic activity in the country, data compiled by the public sector oil companies showed.
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Sharing how the company has grown, especially in the last couple of years, he said, “We have now financed about 75,000 vehicles, and out of that, about 25,000 vehicles have only been financed this year. Last year, we did 30,000…
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Donald Trump warned that BRICS countries will face 100 percent tariffs if they shift from the US dollar. However, former RBI Governor Duvvuri Subbarao indicated that it is unclear whether Trump will follow through. Subbarao also mentioned that BRICS nations…
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