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Latest Articles in COVID 19 cases

Economic Activity Down In April, May But Shock Less Severe Than 2020: Fitch

RBI has also allowed funding by small finance banks to smaller microfinance institutions (MFIs) for on-lending to be classified as priority-sector lending.

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Flipkart Announces Measures To Support Sellers Amid COVID-19

Flipkart will bear a 100 per cent premium of COVID insurance extended to all sellers, which covers hospitalisation and consultation between Rs 50,000 to Rs 3 lakhs.

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India's Sovereign Rating To Remain At Current Level For Next 2 Years: S&P

Fitch projected a 12.8 per cent recovery in GDP in the fiscal year ending March 2022, moderating to 5.8 per cent in FY23, from an estimated contraction of 7.5 per cent in 2020-21.

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India To Breach Fiscal Deficit Target In FY22: Fitch Solutions

Central government expenditure is likely to be around the project of Rs 34.8 lakh crore as it looks to maintain its high pandemic-period spending so as to bolster pace of economic recovery.

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Hero Motocorp Q4 Net Jumps 44 % To Rs 885 Cr

Consolidated revenue from operations during the period under review stood at Rs 8,689.74 crore as against Rs 6,333.89 crore in the corresponding period a year ago

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Sensex Rallies 424 Pts On RBI Announcements; Financial Stocks Shine

RBI has allowed certain individual and small borrowers more time to repay debt and allowed banks to give priority loans to vaccine makers, hospitals and COVID-related health infrastructure.

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MFIs To Witness Asset Quality Pressures In Near Term: ICRA

Good on-balance sheet liquidity and sizeable provisions created by most of the Microfinance Institutions (MFIs) in FY2021 will provide a cushion to them for absorbing further shocks

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Rupee Surges 14 Paise To 73.81 Against The US Dollar In Early Trade

The BSE Sensex was trading 62.8 points or 0.13 per cent higher at 48,781.32 in early deals, while the broader NSE Nifty rose 12.20 points or 0.08 per cent to 14,646.35.

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Ficci Stresses On Speeding Up Vaccination, Maintaining Supply Of Essential Medicines To Fight COVID

The chamber also recommended that in this crisis situation, it is important that 'we centralise the authority of decision making' as currently the situation is being managed through 600 districts across the country.

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Markets Recoup Initial Losses To End Flat; RIL, Banks Weigh

Titan was the top laggard in the Sensex pack, shedding 4.58 per cent, followed by IndusInd Bank, Reliance Industries, Axis Bank, Kotak Bank, ITC, SBI, ONGC and ICICI Bank.

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Sensex Ends 64 Pts Down; Nifty Inches Up To 14,634

Active COVID-19 cases in India rose to 34,13,642 against 33,49,644 on Sunday, according to a Health Ministry update Monday morning.

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Ashok Leyland Scales Down Production Across Plants As Demand Dips Amid COVID-19 Surge

The company has carefully studied the demand situation, and efforts are being made to match the demand on the one hand, while being cognisant of the disruptions in the supply situation

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Maruti Suzuki Total Sales Decline 4 % In April Over March

Sales of mini cars, comprising Alto and S-Presso, increased by 2 per cent to 25,041 units in April as against 24,653 units in March.

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Govt Permits Import Of Oxygen Concentrators Bought Through Post, Courier For Personal Use

Oxygen concentrators were not mentioned in the list. Now it has been added on account of its high demand due to COVID-19 cases.

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Rupee Extends Gains For 3rd Day; Closes Up By 30 Paise At 74.36 Against Dollar

The BSE Sensex ended 789.70 points or 1.61 per cent higher at 49,733.84, while the broader NSE Nifty advanced 211.50 points or 1.44 per cent to 14,864.55.

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