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Posted on February 5, 2021

Tsingshan to finance bulk of $2.8 billion Indonesia copper smelter with Freeport: official

Freeport-McMoRan Inc may only have to finance 7.5% of the $2.8 billion dollar copper smelter it is building with China's Tsingshan Holding group in Indonesia's Weda Bay, a senior government official ... ( read original story ...)

Posted on February 5, 2021

Budget 2021 ‘booster rocket’ for economy, will make this decade ‘Roaring 20s’ for India: Jayant Sinha

The impact of this Budget will be that the country will not only see a very strong recovery this fiscal, but also in the following years, India will continue to grow at 7 to 8 percent, said Jayant ... ( read original story ...)

Posted on February 5, 2021

Govt alone can’t meet the demand of growing and aspirational India: Finance Minister

Union Finance Minister Nirmala Sitharam has said that the government alone can't just meet the demand of a growing and aspirational India, Industry should come forward. While addressing the FICCI’s ... ( read original story ...)

Posted on February 5, 2021

India to Sell Most State Firms Outside Banking, Energy Sectors

India plans to sell or close state-run companies outside four strategic categories it deems crucial to its security needs. ( read original story ...)

Posted on February 5, 2021

Vested Finance Raises $3.6 Mn From Moving Capital And Others

Silicon Valley-based online investment platform Vested Finance that enables Indian investors to invest in the US stock market, on Friday announced it has raised a $3.6 million seed funding round with ... ( read original story ...)

Posted on February 5, 2021

Vested Finance Raises $3.6 Mn From Moving Capital And Others

Silicon Valley-based online investment platform Vested Finance that enables Indian investors to invest in the US stock market, on Friday announced it has raised a $3.6 million seed funding round with ... ( read original story ...)

Posted on February 5, 2021

P Chidambaram Says Union Budget Was Only For The Top 1% Of India

Budget 2021 failed to address the needs of those in the bottom half of the pyramid that were the worst hit by India’s pre-Covid economic slowdown and then the pandemic, according to P Chidamabaram. ( read original story ...)

Posted on February 5, 2021

P Chidambaram Says Union Budget Was Only For The Top 1% Of India

Budget 2021 failed to address the needs of those in the bottom half of the pyramid that were the worst hit by India’s pre-Covid economic slowdown and then the pandemic, according to P Chidamabaram. ( read original story ...)

Posted on February 5, 2021

India’s RBI Keeps Focus on Liquidity as Key Rates Held Steady

India’s central bank kept interest rates on hold, while assuring markets of ample liquidity to manage the government’s near-record borrowing. ( read original story ...)

Posted on February 5, 2021

Expenditure Finance Committee Approves PLI Proposal For LEDs, ACs

The scheme was launched for 13 sectors with an outlay of Rs 1.97 lakh crore over the next five years. The other sectors include telecom, textile products, food products and advanced chemistry cell ... ( read original story ...)

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