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If the 2008 global financial crisis and subsequent failures of various banks around the world have taught us anything, it is that regulatory capital is pivotal in sustaining the resilience of banks...
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In a release to stock exchanges on Monday, Jio said it has signed a 50:50 joint venture with BlackRock for incorporating wealth management and brokerage companies in India. Both companies have a similar partnership for the asset management venture.
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"The BJP manifesto has a strong positive read-through for Indian equities," said Seshadri Sen, head of research at Emkay Global Financial Services. "Railways, defence, housing mortgages, tourism, and aviation are direct beneficiaries; while textiles and pharma API are probable winners."
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