CFO News
NOVEMBER 16, 2024
Government initiatives like the PLI schemes have boosted local manufacturing, leading to significant investments and job creation. However, experts suggest additional measures like GST rationalisation, improved credit access for MSMEs, and a focus on product design to further enhance 'Make in India'.
Barry Ritholtz
NOVEMBER 16, 2024
The weekend is here! Pour yourself a mug of Danish Blend coffee, grab a seat outside, and get ready for our longer-form weekend reads: • How Trump Won, What Happens Next, and How Disconnects Drove Democracy : How Trump Won Through The Lens of Data, Trust, Media, and the Vibecession. ( Kyla’s Newsletter ) see also The reckoning with inflation : Many are tying the Democrat losses in the election to high inflation in recent years.
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CFO News
NOVEMBER 16, 2024
The RBI has stated that it cannot direct banks to forgive loans of those impacted by the Wayanad landslides. However, they have suggested alternatives like loan moratoriums or restructuring. This follows the central government's refusal to classify the Wayanad tragedy as a national disaster, despite appeals from Kerala.
CFO News
NOVEMBER 16, 2024
The Reserve Bank of India is organizing a 'coin mela' at the Sonepur Fair on November 19th to exchange old currency and promote financial literacy. The RBI also directed banks to prioritize lending to creditworthy small and medium-sized enterprises (MSMEs) and improve their performance under government-sponsored schemes.
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CFO News
NOVEMBER 16, 2024
The venture outbid JSW Energy for the renewable energy firm backed by quasi-sovereign wealth fund National Investment and Infrastructure Fund, the people said.
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