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India is in a strong financial position. The recent economic slowdown was temporary. The government is expected to increase spending. This will boost the economy. Private sector borrowing is at a low. A lending boom is expected in the private sector. This will lead to a big investment cycle. India will stop borrowing money to pay interest in three years.
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A new report predicts a major wealth shift to millennials. The report examines how this generation will invest and manage their wealth. It highlights the growing demand for alternative residency and emerging wealth hubs. The report also explores the role of technology and preventive medicine in wealth management.
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Borrowing was 17.4bn last month, the second highest October figure since monthly records began in 1993.
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News and Media
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