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The Indian rupee on Friday strengthened marginally against US dollar tracking gains in Asian peers. At 9.03 am, the rupee traded at 70.11 a dollar compared with its previous close of 70.26. The Indian currency had opened at 70.14 a dollar.

It is a pity that the country’s top courts, from the NCLAT to the Supreme Court (SC), are passing orders that will hit RBI’s ability to ensure the country’s banking system remains as healthy as possible.

MSME-focussed digital lender FlexiLoans has extended its partnership with Amazon.in for the second year by integrating its lending platform with Amazon Lending Marketplace, media reports say.

Indian tax authorities have alleged that a number of big multinational companies have not passed on benefits from a tax cut to customers, a senior government official told Reuters.

KOLKATA| MUMBAI: Reserve Bank of India may revisit its policies to attract more foreign capital and restrict drainage of it to overseas markets, a move which will act as supplying oxygen to a capital-starved country.

Neerav Makharia has been engaged in the yarns business for over 24 years in Bhilwara, Rajasthan. In July 2017, he was introduced to a new system of taxation called Goods and Services Tax (GST).

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