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Posted on January 10, 2024

Indonesia’s PalmCo plans to invest in a biodiesel plant

JAKARTA, Jan 10 (Reuters) - Indonesia's PalmCo plans to invest in a biodiesel plant and expand its cooking oil production capacity as the state owned palm oil planter seeks to increase revenue from ...

Posted on January 10, 2024

Thai PM, BOT Chief Discuss Rates as Deflation Fuels Easing Call

Thailand’s Prime Minister Srettha Thavisin discussed monetary policy with the central bank governor on Wednesday, days after publicly urging the the Bank of Thailand to start cutting borrowing costs ...

Posted on January 10, 2024

Turkey Will Conclude Technical Studies for Crypto Legislation Soon: Finance Minister

Under draft proposals, crypto firms will be required to obtain licenses from the country’s capital markets regulator.

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.

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