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Profitable Companies, Robust Economy: How They Impact Investor Confidence

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Representative Image (National Stock Exchange of India Limited – NSE) The latest NSE report sheds light on the pivotal role of domestic investors in the recent bull run, contrasting the reduced involvement of foreign investors. “Strong corporate earnings and higher-than-anticipated GDP growth have attracted domestic players, both direct and indirect, to take center stage in the markets as foreign interest wanes,” NSE explained. This shift underscores the evolving market dynamics, with local investors stepping up to fill the void left by their foreign counterparts. The report also paints an optimistic picture for the Indian equity markets, buoyed by robust growth projections for the Indian economy. FY24 marks the third year of significant economic expansion, with a GDP growth rate of 8.2%, following impressive growth rates in the previous two years (9.7% in FY22 and 7.0% in FY23). This consistent pattern of over 7% annual growth solidifies India’s economic prowess. Reinf...

Ninh Binh requests increased UNESCO support for heritage conservation

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During a meeting with a UNESCO delegation led by Jonathan Baker, Chief Representative of UNESCO in Vietnam, Huan highlighted the crucial role that UNESCO has played in the socio-economic development of Ninh Binh Province. He emphasized that since Trang An complex received UNESCO recognition in 2014, it has contributed to local economic restructuring and the development of tourism. Ninh Binh is committed to transforming into a millennium urban heritage site and a creative city with exceptional values. Recognizing the challenges in preserving and promoting heritage values, climate change, and urbanization, the province hopes to receive further assistance from UNESCO. This includes mobilizing international resources for archeological and biodiversity research, as well as implementing advanced preservation measures. Ninh Binh also seeks UNESCO’s support and close cooperation in building a UNESCO charter or declaration for the Trang An landscape complex. Ninh Binh is home to the UN...