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UNDERWRITING THE FOUNDATION OF MICROFINANCE

By Shailesh Kumar The Mother of all festivities, Diwali is over, but the festive mood continues. Trends suggest that festive sales really boomed this year of 2023, like never before. Estimates from the Confederation of All India Traders show that on Diwali retail markets across India did a record trade of Rs 3.75 lakh crore. Experts have noted that sales jumped during the festive period. This is also attributed to the recent surge in sales having its genesis in pent-up demand especially from deferred purchases. It is also noted that...
Specials

Insights on how India is achieving growth in the production and manufacturing of High-tech and High-demand products

By Kiran Rudrappa   Prime Minister Modi's catchphrase, "Make in India, Make for the World," not only sums up India's efforts to position itself as a hub for exports and manufacturing but also its intention to develop into a sustainable centre of manufacturing that satisfies international standards and eventually leverages its position as the world's largest economy. Recent findings from a FICCI survey reveal a promising trajectory, with 74% of 380 manufacturers contributing a substantial Rs. 4.8 trillion in sales, showcasing robust capacity utilization and increased investment.   Modern manufacturers...
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