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Economy

India will achieve 8% plus growth from FY 2020-2021 onwards: NITI Aayog Vice-Chairman

July 23, 2019July 23, 2019 - by Abdul

NITI Aayog Vice Chairman has said that India will achieve economic growth of 8% plus from fiscal year 2020-2021. This growth will be achieved as foundation has been laid and …

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Economy

Govt. must reduce borrowing by divesting stake in PSEs: Acharya

July 23, 2019July 23, 2019 - by Abdul

According to Reserve Bank of India Deputy Governor,an increase in government borrowing runs the risk of flooding the debt market which will make it expensive for companies to borrow. He …

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Economy

Kerala to set up nation’s first Space Systems Park

July 22, 2019July 22, 2019 - by Abdul

The Kerala government will set up the country’s first Space Systems Park at the upcoming Knowledge City in Thiruvananthapuram, kerala.The project will be implemented by the State Government’s Electronics and …

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Economy

Government to roll out big push for infrastructure

July 22, 2019 - by Abdul

India has decided to organize an annual global investors meet in the country similar to the World Economic Forum(WEF) in Davos. The idea for holding a summit is being mooted …

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Economy

Overseas bonds: Major advantages in raising long term funds, says NITI VC Rajiv Kumar

July 22, 2019July 22, 2019 - by Abdul

Finance Minister has announced in the Budget that it plans to raise a portion of its gross borrowing from overseas markets using sovereign bonds. A government bond or sovereign bond …

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Economy

Railway roadmap: Govt to invite private players to run routes

July 22, 2019July 22, 2019 - by Abdul

The government has laid out a blueprint for a substantial boost in India’s infrastructure.A key element of that is the upgrade of Indian Railways. However,the Finance Minister has accepted that …

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Economy

Modi 2.0 sets fast pace in 1st 50 days: Report card

July 22, 2019July 22, 2019 - by Abdul

The government has underlined its priorities in the first 50 days of its second term.It has aimed towards making India a $5 trillion economy and hitting the ground running on …

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Economy

Govt. in talks with foreign lenders for loans to SMEs

July 21, 2019July 22, 2019 - by Abdul

The Indian government is in talks with foreign lenders to provide credit to millions of small and medium enterprises(SME). This step is being taken after state owned banks have not …

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Economy

Simplify procedures to attract vendors: Piyush Goyal to GeM officials

July 20, 2019July 20, 2019 - by Abdul

Commerce and Industry Minister has asked officials of the Government e-Marketplace(GeM) to simplify the public procurement portal’s procedures. The government aims to achieve Rs 1 lakh crore in GeM’s gross …

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Economy

Centre raises over Rs 10,000 crore on net basis via CPSE ETF

July 20, 2019July 20, 2019 - by Abdul

The Central Government has raised over Rs 10,000 crore on a net basis from the 5th further fund offer(FFO) of the Central Public Sector Enterprises(CPSE) Exchange Traded Fund(ETF). The government …

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