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India’s Income Inequality and Growth Credit: Business Standard Context: According to WIL, the income inequality in present India is worse than that during colonial rule, which does not imply that t 14 Dec 2024 RBI Aggravates Collateral-Free Loan Limit for Farmers Credit: Business Line Context: RBI has updated and scoped the collateral-free loan ceiling for farmers with effect from January 1, 2025: Increased from ₹1.6 lak 14 Dec 2024 Road Map for Ethanol Production by Indian Sugar Mills Association Credit: Business Standard Context: ISMA proposes to hike the subsidy to ₹35,000 crore to increase sugarcane ethanol capacity by 20-25% by 2030-31. Key Findings: 14 Dec 2024

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Increasing Fraud Cases Face Public Sector Banks of India Context Borrowal account frauds are responsible for ten percent of the total fraud cases and for 98% of the total fraud value in the period from April 2020 to S 14 Dec 2024 Retail Inflation in India Takes a Soft Curve Context: Retail inflation dropped to 5.48% in November, after being 6.2% for the previous month. Reserve Bank Of India kept rates unchanged and reduced the cash 14 Dec 2024 Capex Context: Plan for building India’s logistics towards becoming a developed nation by 2047 is in the works and spending towards capital expenditure (capex) would 14 Dec 2024 Forex reserves decline Credit: ET CFO Context: India’s foreign exchange reserves dropped by $3.235 billion to $654.857 billion, a five-month low, for the week ended December 6, data r 14 Dec 2024 SEBI: Regulation for Algorithmic Trading Credit: Business Standard Context: Securities and Exchange Board of India Proposes Regulation for Algorithmic Trading. Highlights: Sebi proposes measures to reg 14 Dec 2024

Globalization of the Billionaires: Billionaires of India Context: According to the latest study released by Union Bank of Switzerland, India is home to 185 billionaires, standing in terms of global ranking as the thir 14 Dec 2024 Telecom equipment sales rises: PLI Scheme Credit: Business Standard Context: Telecom equipment sales have crossed ₹68,700 crore under the Centre’s production linked incentive (PLI) scheme for the teleco 14 Dec 2024

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