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India already received $13 billion foreign capital inflows: Goldman Sachs

Tuesday, August 13, 2019, 7:45 PM

Goldman Sachs India Securities said India has already attracted $13-billion net foriegn funds so far this year and expects the trend to continue. "India has already attracted net capital inflows of about $13-billion so far this year which contrasts with net outflows of $11 billion last year and I expect that trend to continue," the US broking firm's Chief India Economist Prachi Mishra said.
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West Bengal heads GDP growth rate, says state FM

Sunday, August 11, 2019, 9:07 AM

West Bengal is at the top of the list of states for GDP growth-rate recording 12.58% during 2018-19, state Finance Minister Amit Mitra said. "I am delighted to say that as per the Government of India's ministry of statistics and programme implementation just-published table on GDP growth of states in 2018-19 West Bengal's growth is the highest in the country at 12.58%," Mitra told.
 
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Govt wants to decentralize but not abdicate its responsibilities: Bibek Debroy

Wednesday, July 31, 2019, 7:58 PM

Chairman of PM's Economic Advisory Council Bibek Debroy delivered the keynote address at the sixth edition of Mint-Mutual-Fund Conclave, held in Mumbai on 26-July. I don't exactly have a structured talk, so I'm going to ramble for about 20-minutes about the government and what it is trying to do. Depending on the year you are talking about, 90-95% of national-income originates in the states.

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