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Is the privatisation of public sector banks the right way forward?

Almost 50 years ago, India nationalized 14 commercial banks in the country, an extraordinary move, a historic event of its own. From 1947 to 1969, a whopping 665 private banks failed and people lost faith in the country’s banking system. Thus,…
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Has the Government achieved its target of doubling the farmers’ income?

In 2016, Prime Minister Narendra Modi promised that the Government aims to double the farmers’ income by 2022. It’s 2022 and a fair time to evaluate the situation. However, firstly let’s understand the problems with India’s farming model.…
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What caused the massive nationwide internet outage in Canada?

A massive nationwide internet outage hit Canada recently caused primarily because of a maintenance update core network. 90% of the telecom market share in Canada is controlled by three companies - Rogers, BCE Inc and Telus Corp. The recent outage…
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How a weaker rupee is a jackpot for the Indian exporters?

While the weakening rupee is disheartening Indian merchants, and also students who are looking to fly abroad, Indian exporters are celebrating the same. Exporters of textile, engineering goods, petroleum products, jewellery and chemicals - the…
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What is Vauld’s business model and why is it in trouble?

Vauld is a Singapore-headquartered crypto company that announced fixed deposits against cryptocurrencies, just the last year. However, now the company has released a statement that it is suspending all withdrawals, deposits, and trading in cryptocurrencies…
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What is LEI code and who needs to apply for it?

The Legal Entity Identifier (LEI) code is a key measure to improve the financial data systems for risk management. LEI code is designed to identify and link parties to financial transactions. The goal is to improve compliance with regulatory…
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Why experts are trusting auto and finance stocks amid global uncertainty?

Indian stock markets are facing their worst burnt, amid global uncertainty, inflation woes, rising bond yields, supply chain constraints, and rising interest rates in the US. The stock markets have tumbled in the past weeks and many see a further…
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Why is Google pouring money into Indian telecom?

Since 2020, Google has poured USD 4.5 billion into Reliance’s Jio Platforms and USD 1 billion into India’s second-largest telecom provider Bharti Airtel as part of its USD 10 billion India Digitization fund. The outpour of money into Indian…
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Why are corporate borrowing becoming a concern amid inflation?

According to the CareEdge report, bank credit has increased by INR 14.1 lakh crore over the past 12 months. The outstanding liquidity surplus has fallen from INR 4.3 lakh crore to INR 3.3 lakh crore in merely two weeks, from June 3 to June 17.…
companies rushing

why are companies rushing to invest in Uttar Pradesh?

Companies Rushing Recently, the ‘Uttar Pradesh Investors Summit 3.0’ laid the foundation stone for 1,406 projects worth INR 80,000 crore. This year’s investment is higher than the previous two summits as the state attracted 81 projects…