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India needs to grow at 9% to achieve PM's target of USD 5 trillion economy: EY

Monday, August 5, 2019, 8:24 AM

The country will need to grow by 9% every year for five years continuously and raise aggregate investment rate to 38% of GDP to achieve Prime Minister Narendra Modi's target of turning India into a USD 5 trillion economy, EY has said. EY said achieving such levels would be consistent with the requirements of our demographic dividend.
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DSP Mutual Fund writes off 50% investment in CCD group company NCD

Wednesday, July 31, 2019, 1:13 PM

DSP Mutual Fund has written off 50 percent of their investments in NCDs issued by Coffee Day Natural Resources Private Limited (CDNRPL), a company owned by the deceased promoter of Coffee Day Enterprises Limited (CDEL). VG Siddhartha, the promoter of CCD, went missing on Sunday. His body was found on wednesday morning.
 
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Centre Plans Rs 50 Lakh Crore Investment In Railways By 2030: Piyush Goyal

Sunday, July 7, 2019, 1:03 PM

Union Railways Minister Piyush Goyal Saturday said the government was eyeing investment of Rs. 50 lakh crore in railways by the year 2030 to make it the best in the world. The minister also said that the rail infrastructure in the country increased by mere 30 per cent in the last 65 years due to the lack of adequate investment.

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