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New Delhi [India], January 7 (ANI/Mediawire): "Recycling of Gold and Gold Disclosure Policies Can Set a Foundation for a Sustained Economic Recovery." As a part of The Times of India Group's campaign titled 'The Golden Truth', Mihir Bhatt, Managing Editor of Times Network, discussed with Nilesh Shah, Group President, and MD, Kotak Mahindra Asset Management. The conversation ranged from the Indian economy, and its stand in an unpredictable global economy to policies that can help and how gold can drive growth. Talking about India as an oasis in the desert, Shah asserted that while nations are struggling to meet the daily economic needs of its citizens, India is shining like a bright beacon of hope with its fast-growing cities, eased-up markets, and burgeoning construction activities in commercial space. "We can compare the GDP of Maharashtra today with that of India in 2005. So if all the states touch India's GDP from today over the next two decades or so, ....
Mumbai (Maharashtra) [India], August 8 (ANI/PNN): Star Housing Finance Limited (Star HFL) (Scrip code: BOM: 539017), a rural-focused HFC, has raised USD 2.7 mn capital through preferential allotment. The capital has been subscribed by Arika Securities Pvt Ltd and Colo Securities Pvt Ltd. This capital raise has been completed through the initiative of Kamlesh Shah. Shah is MD of Share India Securities Ltd, a three-decade veteran in the capital market, and president of ANMI (Association of National Exchanges Members of India), a pan India body comprising the trading members across the country of (NSE) (BSE), (MCX) and other exchanges having national presence and he is also on the advisory committee of BSE Limited and India INX. This raise has augmented the net worth past Rs 85 crs strengthening the capital adequacy and rationalizing the leverage levels. It provides Star HFL with an opportunity to increase AUM by further building liability on the balance sheet. This equity infusion is a p ....
Union Home Minister Amit Shah on Sunday presided over the valedictory session of the two-day joint national executive meeting of different BJP Morchas in Patna. ....
MUMBAI, April 21 (Xinhua) India rising inflation due to supply-led disruptions has moderated rural demand and also slowed the demand down in urban hubs, expe ....