finance
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Opportunity India Desk Jan 23 2024 - 2 min readGreaves Finance, a non-banking financial company (NBFC) and a wholly-owned subsidiary of Greaves Cotton, under its electric vehicle ownership platform evfin has partnered ElectricPe, a leading EV solutions player. Recently, ElectricPe expanded its offerings by opening virtual and physical mobility centres, selling various electric two-wheeler brands. As part of the understanding, ElectricPe customers ...
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Opportunity India Desk Jan 08 2024 - 5 min readThere is no doubt that 2023 was a stellar year for the Indian stock market as it saw new records being made for the frontline indices. In June, the Nifty 50 broke through the 19,000 level and reached 20,000 in September. On December 8, it soared past the 21,000 mark, culminating in a record high ...
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Opportunity India Desk Dec 14 2023 - 2 min readIn the fiscal year 2022-23, Indian banks expanded their global footprint through subsidiaries, reaching a total of 417 compared to 399 in the previous fiscal year, according to data released by the Reserve Bank of India (RBI). The RBI's survey on International Trade in Banking Services 2022-23 revealed a 0.5 per ...
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Opportunity India Desk Dec 08 2023 - 7 min readThe Monetary Policy Committee (MPC) headed by RBI Governor Shaktikanta Das on Friday opted to maintain the repo rate at 6.5 per cent following a comprehensive evaluation of the evolving macroeconomic developments. This is the fifth consecutive meeting in which the MPC has chosen to maintain the existing status on the repo rate. ...
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Opportunity India Desk Dec 04 2023 - 2 min readUnion Commerce Minister Piyush Goyal has announced government’s plan of propelling the economy by adding USD 30 trillion in less than 30 years, harnessing the potential of under-30 population. Addressing the Bahrain Chapter of Chartered Accountants of India, Goyal highlighted India's status as a global investment hotspot, with market capitalization recently reaching USD ...