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Indian economy projected to grow at 7.1% in FY 2020 on back of strong domestic consumption, investment: UN report
• 6 years agoThe Indian economy, which generates two-thirds of the regional output in South Asia, expanded by 7.2% in 2018
Uber prices IPO conservatively at $82.4 bn, hopes it will spare ride-hailing firm trading woes of rival Lyft
• 6 years agoThe IPO still represents a watershed moment for Uber, which has grown into the world’s largest ride-hailing company since its start 10 years ago.
China cuts down official GDP growth target to 6-6.5% amid economic slowdown, trade war with US
• 6 years agoIn order to rejig its economy, China is all set to pass a new foreign investment law in a hurry, providing an equal footing to investors abroad with that of local business with legal safeguards
Govt to consider dollar window for oil firms, bonds to ease rupee pressure: Source
• 6 years agoDuring a 2013 currency crisis, a separate window for oil companies in which the central bank sold dollars to importers on a forward swap basis without leading to a drain down on foreign exchange reserves helped push up the rupee.