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Indian investors, especially younger ones, purchased an estimated 12 tonnes of digital gold from January to November, driven by accessibility and fractional ownership. However, demand slowed after the Securities and Exchange Board of India (Sebi) warned that the product was unregulated, prompting industry players to call for a new regulatory framework.
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News and Media
Leela Palaces Hotels & Resorts stock has seen an uptick, driven by expansion plans and growing travel demand. The company's international foray into Dubai and domestic growth, coupled with a widening luxury hospitality demand-supply gap, positions it for future success. Analysts anticipate significant upside, with a 'BUY' rating and a target price of 600.
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Non-banking finance companies (NBFC) such as Aditya Birla Finance (ABFL), L&T Finance, Poonawala Fincorp, and SMFG India Credit are among those extending credit to small businesses, harnessing the technology backbone offered by payment firms such as BharatPe, Paytm and PhonePe.
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News and Media
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