NEW DELHI: Several global banks moved large sums of allegedly illicit funds over a period of nearly two decades, despite red flags about the origin of the money, media reported Sunday, citing confidential documents submitted by banks to the United States government. The media reports were based on leaked Suspicious …
Read More »India stimulus package: Modi stimulus equals Pak’s GDP, 5 times Ambani’s wealth, 17% of total BSE limit
[ad_1] NEW DELHI: The largest economic stimulus in India’s history, dubbed “Atma Nirbhar Bharat Abhiyan”, totals Rs 20.00 billion rupees, which would be approximately 10 percent of India’s GDP. Analysts expect the package to include MSME loan exemptions, increased spending, GST rate cuts, and credit guarantees to incentivize loans to …
Read More »Is it lockdown for startups?
[ad_1] By Ateesh Tankha Beyond the volumes of cash that developers were able to attract time and again in their bid to become the next unicorn, India’s ecommerce and fintech startup ecosystem employed five lakh direct and 16 lakh indirect personnel by 2019, numbers that were slated to triple by …
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