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18/11/2021

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๐Ÿ‘‰๐Ÿ‘‰๐Ÿ‘‰ Finance Minister Nirmala Sitharaman spoke on the sidelines of the CII Global Economic Policy Summit 2021, ๐Ÿ‘‰๐Ÿ‘‰๐Ÿ‘‰ Here a...
18/11/2021

๐Ÿ‘‰๐Ÿ‘‰๐Ÿ‘‰ Finance Minister Nirmala Sitharaman spoke on the sidelines of the CII Global Economic Policy Summit 2021,

๐Ÿ‘‰๐Ÿ‘‰๐Ÿ‘‰ Here are the 7 key takeaways from her speech

โœ… Economic Recovery

One of the major points on which the finance minister spoke about was the revival of Indiaโ€™s economy after the pandemic-driven slowdown. Sitharaman said that there are clear signs of an uptick in the economy.

โœ… Appeal to Industry

She also appealed to the industry to increase the capacity without any delay. โ€œI appeal to the industry not to further delay increasing capacity, not to further delay looking at areas to partner in technology,โ€ she said.

โœ… Offer more jobs

Sitharaman also appealed to the industry to offer more jobs to reduce income disparity and cut down on importing finished goods reduce and instead ramp up investment in manufacturing.

โœ… Take Risks

She also urged the industry to take more risks to improve Indiaโ€™s growth. โ€œAt a time when India is looking at the impetus to growth, I want Indian industry to be a lot more risk-taking and understand what India wants,โ€ she said.

โœ… Become Self-Reliant

At the Global Economic Policy Summit 2021, Sitharaman said that India must become more self-reliant, after the pandemic disrupted supply chains and showed the risks of depending on exports for essential risks.

โœ… Reduce Dependency

She also urged that India should aim to reduce dependency on other countries. "Even as we want to be linked with the global value chains, we have to understand and take cognizance of the risks it has posed us," Nirmala Sitharaman said.

โœ… Hailed Indiaโ€™s Startup Ecosystem

Sitharaman said that the startup ecosystem in India and hailed the 36 companies that turned unicorns in the past 12 months.

Peter Lynch, the American investor, mutual fund manager and the author of "One Up on Wall Street"Lynnch is frequently de...
17/11/2021

Peter Lynch, the American investor, mutual fund manager and the author of "One Up on Wall Street"
Lynnch is frequently described as a "legend" in the financial media industry for his performance record over the years.
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๐Ÿ‘‰๐Ÿ‘‰๐Ÿ‘‰ LATEST NEWS: Manappuram Finance reported an 8.8% decline in its consolidated net profit to โ‚น370 crore in the quarter...
14/11/2021

๐Ÿ‘‰๐Ÿ‘‰๐Ÿ‘‰ LATEST NEWS: Manappuram Finance reported an 8.8% decline in its consolidated net profit to โ‚น370 crore in the quarter ended in September 2021 due to lower income.
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๐Ÿ‘‰๐Ÿ‘‰๐Ÿ‘‰ newly-listed Fino Payments Bank reported a 74 per cent jump in net profit to Rs 7.89 crore in Q2FY22. The bank had p...
14/11/2021

๐Ÿ‘‰๐Ÿ‘‰๐Ÿ‘‰ newly-listed Fino Payments Bank reported a 74 per cent jump in net profit to Rs 7.89 crore in Q2FY22. The bank had posted a net profit of Rs 4.52 crore in the corresponding year-ago period.
"Our growth momentum in transaction volumes and throughput continues to be strong. Consumer behaviour towards convenience banking is gaining impetus," Rishi Gupta, CEO & Managing Director, said.
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Indian economy is back in action and it is clear from several indicators such as rising exports and increasing foreign d...
13/11/2021

Indian economy is back in action and it is clear from several indicators such as rising exports and increasing foreign direct investment (FDI) inflows into the country, Commerce and Industry Minister Piyush Goyal said on Friday.

He said that merchandise exports during April-October this fiscal stood at $232 billion and total FDI during the first four months of this fiscal rose by 62 per cent.
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๐Ÿ‘‰๐Ÿ‘‰๐Ÿ‘‰ for long term investors, top stocks to hold for 5 years ๐ŸŽฏProStocks]]ProStocks]]ProStocks]]Join our telegram channel ...
13/11/2021

๐Ÿ‘‰๐Ÿ‘‰๐Ÿ‘‰ for long term investors, top stocks to hold for 5 years ๐ŸŽฏ
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10/11/2021

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