Economy - PRESS AI WORLD
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ECONOMY
Bridgewater Associates Boosts China Assets by 40%, Strengthens Market Position

Bridgewater Associates posts a 40% asset increase in China, leveraging stable returns amid market volatility, outperforming local peers.

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ECONOMY
Railways Prepares to Handle 1.45 Crore Passengers for Maha Kumbh 2025

Indian Railways is set to manage 1.45 crore passengers during Maha Kumbh 2025, enhancing infrastructure and services in Prayagraj.

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ECONOMY
BSE Sensex Drops Over 200 Points; Nifty50 Falls Below 23,650 Amid Market Volatility

Indian stock indices BSE Sensex and Nifty50 drop as global cues and concerns around inflation impact trading.

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ECONOMY
Brokerage Recommendations for Stocks on January 9

Key brokerage firms offer stock recommendations for January 9, including Reliance Industries, Bharti Airtel, ITC, Kalyan Jewellers, and Tata Motors.

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ECONOMY
Commerce department reduces gold import value by $5 billion for November

The commerce department has revised gold import figures, reducing November's total by $5 billion, impacting trade deficit estimates.

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ECONOMY
Over Rs 22,000 crore in life insurance remains unclaimed, prompting industry-wide action

Life insurers hold Rs 22,237 crore in unclaimed amounts, highlighting the need for better estate planning and clear nominee regulations.

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ECONOMY
Wilmar to expand its FMCG portfolio using abundant edible oil distribution

Adani Wilmar plans to leverage its edible oil distribution to enhance its consumer goods portfolio after Adani Group's exit from the staples market.

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ECONOMY
Microfinance Industry Declines 4% Amid Rising Defaults in Q2 FY25

The microfinance sector faces a 4% decline in Q2 FY25, with loan defaults doubling, highlighting serious issues in borrower management.

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ECONOMY
Stockholding Services Penalized Rs 9 Lakh for KYC Compliance Failures

Sebi imposes Rs 9 lakh fine on Stockholding Services for failing to conduct adequate KYC due diligence on its clients.

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ECONOMY
Japan experiences fourth consecutive decline in real wages despite highest pay growth in over 30 years

In November, Japan's real wages fell for the fourth straight month amidst rising inflation, despite nominal pay hitting its highest increase in decades.

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