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Latest Articles in economic activities

Assam Govt Signs Pact With Microfinance Firms To Waive Loans Of Women Borrowers

The Finance Department of the Assam government signed a Memorandum of Understanding with Micro Finance Institutions (MFIs) to implement the Assam Micro Finance Incentive and Relief Scheme (AMFIRS), 2021

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Higher Q1 Tax Mop-Up Shows Economy On Recovery Path: Govt

Net direct tax collection in the April-June quarter of the current fiscal is over Rs 2.46 lakh crore, as against more than Rs 1.17 lakh crore during the same period of the previous fiscal.

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India's Power Consumption Rises 18 % To 30.33 BU During July 1-7

Peak power demand met or the highest supply in a day touched an all-time high of 200.57 GW in the first week of July ( recorded on July 7, 2021).

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Sebi Defines 'Same Line Of Biz' Under Delisting Rules

Defining the 'same line of business', Sebi said at least 50 per cent of revenue from the operations of the listed holding and listed subsidiary company must come from the same line of business

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BHEL Loss Narrows To Rs 1,036 Cr In Mar Quarter

Total income during January-March 2021 rose to Rs 7,245.16 crore, from Rs 5,166.64 crore in the year-ago period.

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COVID Resurgence Dents Economy In April, May; Loss Of Momentum Not Severe Like Last Year: RBI Article

Localised lockdowns rather than nation-wide lockdowns have been preferred in order to balance the spread of infections versus the loss of economic activity but the jury is out on which works and where

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Order Books Encouraging, Expect Healthy Growth Rate To Continue: Exporters

The government should promote exports of manufactured and value-added goods. Key raw materials should not be encouraged for exports

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NBFCs May Not See Much Impact Of Second Wave Of COVID-19; Pent-Up Demand To Help

Aadhar Housing Finance managing director and CEO D S Tripathi expects the impact on economic activities till May and from June onwards the sector will again start seeing traction.

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Industry Hails PM Assurance On Minimal Disruption To Economic Activities In COVID Fight

The Prime Minister has stated that lockdowns should be treated as the very last option, and the focus instead should be on micro-containment zones to battle Corona

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India's Power Consumption Grows Nearly 45 Pc In First Half Of April

Power consumption in February this year recorded higher at 104.11 BU compared to 103.81 BU last year despite the fact that 2020 was a leap year.

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Digital Tech Saved 20% Of World Economy During One Year Of Covid Disruption

GDP Losses are lesser for the economies like U.S., China, and other Advanced Economies, where investments in Digital-ICT adoptions were high, making them highly Digitally Enabled Economies.

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Power Consumption Grows 10.2 % In January

The rising power demand shows revival in economic activities, leading to higher commercial and industrial demand, which was affected due to the pandemic.

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V-Mart Retail Profit Falls 18 % To Rs 47.87 Cr In Dec Quarter

The total income during October-December 2020 stood at Rs 470.30 crore, down 16.40 per cent as against Rs 562.58 crore in the year-ago period, V-Mart said in a filing to the BSE.

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Power Demand Touches All-Time High Of 185.82 GW, Says Secretary S N Sahai

Power demand started declining from April as economic activities were disrupted in the country due to COVID-19. The pandemic had affected power demand for five months in a row from April to August 2020.

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Union Budget 2021 To Put COVID -19 Hit Economy On Track

The projected GDP growth does indicate that the worst is over, but it still does not indicate whether the economy has recovered the lost ground and surpassed it, seems that the economy will be able to just recover the lost ground in FY22 and surpass the FY20 GDP level in a meaningful way only in FY23.

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