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‘Robust’ macroeconomic foundation for growth: Jayant Sinha

News: “We have addressed underlying macroeconomic instability that we had, despite global volatility. Government will focus on banking reforms, GST and macro-economic stability in the remaining 3-4 years” minister of state for Finance Jayant Sinha said at an IVCA (Indian Private Equity and Venture Capital Association) event. Sinha said the finance ...

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Massive investment of $120 billion in next 5 years, Indian Railways

News: An investment of USD 120 billion will be made in next five years in the cash-strapped railways which is in the process of upgradation and expansion. Requiring huge resources, the government has already decided to allow FDI in certain segments of the railways, like coach manufacturing, station development, suburban rail ...

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India blocks China’s bid to save Pakistan on terror finance survey

News: Pakistan’s enforcement on UN financial sanctions against terrorism will be closely monitored by Financial Action Task Force (FATF), through its associate body, the Asia Pacific Group on Money Laundering . FATF is a policy-making body whose objectives include setting standards to combat money laundering and the financing of terrorism and ...

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