Kerala Finance Minister K N Balagopal dismissed GST fraud allegations. Opposition leader V D Satheesan claimed a racket siphoned off Rs 1,100 crore. He accused the government of not initiating criminal proceedings. Balagopal stated cases were registered and arrests made.…
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Indian consumer goods and auto companies experienced their best Navratri sales in over a decade, with growth ranging from 25% to 100%. Reduced GST and product prices fueled this surge, significantly boosting consumer sentiment. Maruti Suzuki doubled sales, while electronics…
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Rates still matter, of course, since they set the tone for banks and businesses, but this time the Governor packed in 22 measures during the monetary policy speech. The focus is to support growth, encourage banks, and equip them with…
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SAP is making significant investments in India, one of its fastest-growing global markets, by launching a new innovation centre in Bengaluru and rolling out its SAP Sovereign Cloud. This cloud offering ensures compliance with Indian security policies, reflecting SAP’s bullish…
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Mahindra Group Chairman Anand Mahindra, commemorating the conglomerate’s 80th anniversary, stated that current turbulent times offer India a unique opportunity for technological self-reliance and global manufacturing leadership. He highlighted India’s potential as a manufacturing powerhouse, driven by its growing infrastructure…
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India is considering a Rs 20,000 crore risk guarantee fund, managed by NCGTC, to attract private infrastructure investment. This fund will cover policy and non-commercial risks, encouraging lenders. It is crucial for meeting India’s USD 4.51 trillion infrastructure needs by…
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