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Railways cuts base ticket fare for MEMU, express trains to pre-Covid level of Rs10 |

India News: Railways has reduced the ticket fare for MEMU and express trains to the pre-Covid level of Rs10. The fare of travel in all local passenger trains is likely to be 40-50% less. Pune division and Solapur division have already brought down the fare. The Consumer Protection Council in Tamil Nadu has condemned railways for continuing to collect higher fare from passengers by converting passenger train fares into special express.

Fintech loan defaults drop to pre-Covid level: Report

India Business News: Loans provided by fintech companies through digital platforms have shown improvement in delinquency ratio, with a rate of 3.6% in Sept 2023. West Beng

Centre s external debt ratio drops to pre-Covid level

In a written reply, minister of state for finance Pankaj Chaudhary said the Centres internal debt ratio has been moderating since hitting 58.3% of GDP in the Covid year of FY21. Its estimated to touch 55.4% of GDP, or Rs 164.44 lakh crore, in FY24. In absolute terms, the external debt will touch Rs 7.93 lakh crore in FY24, according to the revised estimate.

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