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Manufacturing push can add 50-100 bps to GDP annually till 2030: UBS Securities

According to Tanvee Gupta-Jain, the chief economist at UBS Securities India, if the country continues to benefit from the ongoing China+1 supply chain shifts and the ongoing structural reforms, GDP can rise to 6.25-6.75 per cent annually or adding 50 bps till 2030 under an optimistic scenario. ....

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India's GDP growth may drop to 5.5% in FY24 on consumption headwinds, general elections: UBS Economist

Tanvee Gupta Jain expects the RBI to hold policy rates steady and possibly even cut by 50 basis points in the second half of FY24 due to recent global financial market volatility and banking turmoil ....

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Swiss Prosecutors Examine UBS Takeover of Credit Suisse: Report

Switzerland's Federal Prosecutor told the Financial Times it was looking into potential breaches of Swiss criminal law by parties involved in the deal. ....

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