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Posted on January 10, 2024

Turkey’s crypto regulations in final stages, finance minister reveals

Turkish Minister of Treasury and Finance Mehmet Şimşek has revealed some of what is contained in upcoming crypto regulations in Turkey. The government will legally define critical concepts in crypto, ...

Posted on January 10, 2024

Indonesia raises minimum equity of insurance firms to at least $16 mln by 2026

Indonesia has raised the minimum equity for insurance firms to hold to at least 250 billion rupiah ($16.06 million) by 2026, 67% higher than the previous minimum level, the regulator said on Wednesday ...

Posted on January 10, 2024

India’s economy to be worth $30 trillion by 2047: FM Nirmala Sitharaman at Vibrant Gujarat Summit 2024

FM Sitharaman on Wednesday said: "We are not only aiming to become a $30 trillion economy by 2047, but also aim to ensure an inclusive growth." ...

Posted on January 10, 2024

India to be third largest economy by FY28, developed nation with USD 30 tn GDP by 2047: FM

Finance Minister Nirmala Sitharaman said on Wednesday exuded confidence that India will become the world's third largest economy worth over USD 5 trillion by 2027-28 and a developed nation by 2047, ...

Posted on January 10, 2024

India aims for $5 trillion economy by FY28, eyes $30 trillion by 2047: Finance Minister Sitharaman

India’s Finance Minister Nirmala Sitharaman announced optimistic projections for India’s economic future at the Vibrant Gujarat Global Summit.

Posted on January 10, 2024

India to be a $30 trillion economy by 2047: Sitharaman

India will become the third largest economy by 2027-28, with a GDP of over $5 trillion, Finance Minister Nirmala Sitharaman said on Wednesday. Photograph: ANI Photo Even going by conservative ...

Posted on January 10, 2024

India holds back $600 million strategic oil reserve top-up

An oil ministry spokesperson didn’t immediately reply to text messages seeking comment, while a finance ministry spokesperson didn’t respond to an email seeking comment.

Posted on January 10, 2024

India to become USD 5 trillion economy, third-largest by 2027-28

India, with a GDP of roughly USD 3.4 trillion, is currently the fifth largest economy in the world, after the US, China, Japan and Germany. Indian economy is projected to grow by 7.3 per cent in the ...

Posted on January 10, 2024

China-Africa Lending to Snap Seven-Year Decline, StanChart Says

(Bloomberg) -- China’s lending to Africa may rise for the first time since 2016 as pledges to finance projects ranging from renewable energy to natural gas increase, Standard Chartered Plc said. Most ...

Posted on January 10, 2024

China Says Ex-PBOC Official Took ‘Massive’ Bribes to Help Firms

A former senior official with China’s central bank took large bribes to help businesspeople, according to a state media documentary on Beijing’s anti-graft efforts.Most Read from BloombergSEC’s X ...

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