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Business

Diwali's Financial Frenzy: Understanding Loan Trends in Maharashtra

Diwali, the festival of lights, not only signifies cultural celebrations but also sparks a significant surge in loan demands, contributing to economic activity. In Maharashtra, this trend is pronounced, with increased requests for personal, gold, and consumer durable loans, portraying the festive season's substantial impact on various sectors and economic growth.

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The Proposed SEZ Amendments Could Spur Economic Growth and Job Creation

The Indian government is considering significant amendments to the Special Economic Zones (SEZ) Act of 2005 to overcome existing shortcomings. The proposed changes aim to simplify procedures, expand incentives, and focus on infrastructure development, potentially revitalizing SEZs and driving economic growth. Read on to learn more about how this can benefit business and consumers.

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Festive Boom: India's Soaring Consumer Spending Fuels Economic Growth

India experiences a vibrant festive season marked by a surge in consumer spending, notably in online sales, digital transactions, and bank loan demand. These trends, coupled with robust manufacturing activity, contribute to India's rapid economic growth and strong consumer confidence, positioning it as a standout among major economies. Read on to learn more.

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Festive Boom: India's Soaring Consumer Spending Fuels Economic Growth

India experiences a vibrant festive season marked by a surge in consumer spending, notably in online sales, digital transactions, and bank loan demand. These trends, coupled with robust manufacturing activity, contribute to India's rapid economic growth and strong consumer confidence, positioning it as a standout among major economies. Read on to learn more.

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Digital Giants Face Scrutiny for Anti-Competitive Practices Affecting Consumers

In recent times, the digital advertising landscape has witnessed growing concentration, with major tech players facing scrutiny for potential anti-competitive practices. The Competition Commission of India (CCI) penalized Amazon for such actions, and ongoing investigations into Google and other giants highlight the need for regulatory intervention to safeguard competition and consumer interests

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Digital Giants Face Scrutiny for Anti-Competitive Practices Affecting Consumers

In recent times, the digital advertising landscape has witnessed growing concentration, with major tech players facing scrutiny for potential anti-competitive practices. The Competition Commission of India (CCI) penalized Amazon for such actions, and ongoing investigations into Google and other giants highlight the need for regulatory intervention to safeguard competition and consumer interests

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Mudra: The Bania Community’s Innovative and Useful Credit Lending System

Mudra, the innovative credit lending system developed by the Bania community in India, embodies adaptability and personal relationships. This informal model has transformed economic landscapes, particularly in underserved areas, fostering entrepreneurship and contributing to India's inclusive development. Read on to learn more about this unique credit lending system.

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Mudra: The Bania Community’s Innovative and Useful Credit Lending System

Mudra, the innovative credit lending system developed by the Bania community in India, embodies adaptability and personal relationships. This informal model has transformed economic landscapes, particularly in underserved areas, fostering entrepreneurship and contributing to India's inclusive development. Read on to learn more about this unique credit lending system.

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India Seeks to Equate Domestic Carbon Pricing with EU's Carbon Border Adjustment Mechanism

India is working on a domestic carbon pricing solution to align with the EU's Carbon Border Adjustment Mechanism (CBAM), a border tax on imports based on carbon emissions. This move aims to offset potential negative impacts on Indian businesses and ensure fair competition in the EU market. The implementation may involve a carbon tax or cap-and-trade system, signaling a shift toward sustainability

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Manufacturing Sector to Receive Major Boost with PLI Scheme

India aims for a manufacturing boost through the Production-Linked Incentive (PLI) scheme, earmarking Rs 1.9 lakh crore across 14 sectors. Geared toward attracting foreign investment and fostering domestic champions, the scheme faces challenges of cost competitiveness and infrastructure gaps. Industry experts express optimism but stress effective implementation and addressing key hurdles.

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