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RBI’s ongoing onslaught against inflation
Deadline to apply for higher pension could get extended; Shree Cement falls by over 10%; Tomato prices goes up to 120 rupees; Kia India to recall 30,000 units of Carens
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FLDG back and fintechs are happy!
This is a scheme where a bank and a fintech enter a lending arrangement, where the fintech guarantees to compensate a certain percentage of default in the loan portfolio
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Apple to get a bite of credit card market
Apple may roll out co-branded credit card; MFs lapped up Zomato, Nykaa, etc in May’23; Derivatives Research bullish on Interglobe; Indians withdrawing Swiss bank deposits thick and fast
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US investigators train lens on Adani
Institutional investors with large holdings in the Indian conglomerate have received inquiries from the Attorney’s Office in Brooklyn and SEC asking for information on what Adani group told those investors, the report added.
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Insurers get freedom to launch combo plans
Now, insurance companies can launch group unit-linked insurance plans and combo plans (life and health insurance plans) without seeking approval from the regulator. Soon, you will be able to avail the benefits of all types of insurance in a single policy.
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Will reducing import duties make wheat cheaper?
There is a growing demand to reduce import duties on wheat to control prices. However, the question remains whether there is a need for wheat imports in the country, and if the reduction in import duties will lead to a decrease in prices.
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Flying becomes cheaper than traveling by train
NPS may offer 40-45% pension, Infosys backed drone maker sets IPO price band, Formal job creation in April’23 falls 26%
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Is it time to make money from IPOs?
In India, Blackstone is looking to issue the Asia’s largest REIT (Real Estate Investment Trust) IPO
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Tailwinds lift Indigo shares
BYJU’s lays-off 1,000 more employees, Ambani-backed textile stock weaving profit on bourses, Share India bullish on these three stocks, Rs 50 lakh-Rs 1 cr income base growing at highest rate, Third party insurance premiums may not rise in FY24
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SIP registrations rising, so are closures
More SIPs being discontinued; Bombay HC stays RBI’s ‘fraud’ ruling; Coal India stock available at over Re 1 discount; E2W sales plunge 62% after price hike
