Last year, the finance ministry had issued a draft notification seeking to replace the existing limit of 74% foreign investment “as stipulated by the Insurance Act, 1938” and sought public comments.
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India’s economy is growing strongly. The financial system is robust and resilient. Banks have strong capital and liquidity. Gross non-performing assets are expected to fall. The growth outlook remains positive. The rupee has depreciated against the US dollar due to…
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This initiative, part of a larger export promotion mission, aims to boost buyer connections and market presence through structured interventions and financial support for international participation.
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Crisil Intelligence releases report on tourism livelihoods and circuits of growth which says strengthening micro, small and medium enterprises (MSMEs) capabilities, destination infrastructure and service quality is critical to converting high visitor volumes into higher incomes and stable, year-round livelihoods.
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IndiGo believes the order is incorrect and plans to challenge it legally. The airline stated the order will not significantly affect its finances or operations.
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Exposure draft of IS Audit Standards proposes principles, quality benchmarks and disclosure norms amid rising digital and cyber risks.
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