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Core exports rose 2.5% y-o-y in Nov ’19 vs 1.4% in Oct ’19.By Nomura AEJCore EXIM trade (ex-oil and ex-gold) fell (-5.6% y-o-y in November 2019) to its lowest levels since Nov ’17, led by weak core imports (-12% y-o-y in Nov ’19), which…

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The merger of Indus Towers and Bharti Infratel announced in April last year aimed at creating the largest mobile tower operator in the world outside China with over 163,000 towers across 22 telecom service areas.Bharti Infratelon…

The central bank also said that it is expanding the base of stakeholders it consults to determine the financial health of NBFCs.Challenges faced by some non-banking financial companies (NBFCs) were reflective of their inherent…

Grape prices had slumped in the middle of the season for six weeks from mid-February till end of March due to oversupply last season last year.Barely 20,000 grape growers across the country have registered under GrapeNet. GrapeNet is an…

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While this is encouraging, the specific aspects of the regulatory framework relating to criminal complaints need to be reviewed for the ease of doing business in India, the Confederation of Indian Industry (CII) stated.Industry body CII…

The gross non-performing assets (GNPAs) ratio improved as the slippage ratio as well as outstanding GNPAs declined during the period of review.After rising for seven years in a row, the gross non-performing asset (GNPA) ratio of banks…

The funds raised would be utilised for capex of PSUs. The base size of the issue was Rs 7,000 crore.Bharat Bond ETF, India’s first corporate bond ETF, has garnered Rs 12,400 crore from its maiden offer that opened for subscription on…

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