Credit card additions, record high loans hint at pick-up in consumption https://ift.tt/LO3B76q be sure, a reversal in the rate trends could impact spending on borrowed funds. India's central bank has raised rates twice in the space of a month beginning early May to restrain inflation.
NSE IFSC-SGX Connect may be fully operational by June https://ift.tt/XC89Iks this connectivity, global investors who are clients of SGX will be able to trade in Indian derivatives market remotely without having to set up a shop in India. Currently, only a few trades are being executed through the route.
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