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Latest Articles in economic recovery

Moody's Cuts India's Growth Forecast To 9.3 %, Risks Of Longer-Term Eco Scarring

'India is experiencing a severe second wave of coronavirus infections which will slow the near-term economic recovery and could weigh on longer-term growth dynamics.

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COVID-19 Resurgence Bringing Renewed Challenges For India; GDP Growth Seen At 9.5 %: Fitch

Fitch Solutions said that in March this year, a few weeks before the new surge, Health Minister Harsh Vardhan, who is also a physician, asserted that India was in the 'endgame' of the COVID-19 pandemic, justifying the government's decision to export medical resources to other countries.

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Rupee Recovers 28 Paise To Close At 74.73 Against US Dollar

The BSE Sensex ended 508.06 points or 1.06 per cent higher at 48,386.51, while the broader NSE Nifty advanced 143.65 points or 1 per cent to 14,485.00.

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Real Estate, Construction Jobs Witness Slow But Steady Recovery: Report

Hiring activity in the construction sector for the same period indicated that while interest for related jobs declined 18 per cent, the postings grew marginally by 0.3 per cent

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Brokerages Downgrade India's GDP Growth Projections For FY'22 Amid Resurgence Of Covid Cases

The RBI has projected FY'22 GDP growth at 10.5 per cent, while IMF puts it at 12.5 per cent. The World Bank sees 2021-22 growth at 10.1 per cent.

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Amitabh Kant Stresses On Driving India’s Economic Recovery Agenda At The Changemakers Series Hosted By GITAM

The solution to India’s constant economic growth does not lie only in providing stimulus because we have constraints such as inflation.

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Second Wave Of COVID Infections Poses Increased Risks For Fragile Economic Recovery, Banks: Fitch

Fitch forecasts India's GDP growth at 12.8 per cent for the current financial year ending March 2022 and this incorporates expectations of a slowdown in the April-June quarter due to the flare-up in new coronavirus cases.

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First Purchase Of G-Secs Worth Rs 25,000 Cr Under G-SAP 1.0 On Apr 15: RBI

The central bank said the endeavour through the programme will be to ensure congenial financial conditions for the economic recovery to gain traction.

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Tantrum Without A Taper! Should We Be Worried On The Rising US Bond Yields?

Any abnormal movements in US ten year yield, even those not caused by Fed policy stance, started to leave a severe dent on equity markets because the rising yield brought the fears of 2013 brutal crash.

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S&P 500 And Dow End Session At Record Highs

The Dow Jones Industrial Average rose 0.53% to end at 32,953.46 points, while the S&P 500 gained 0.65% to 3,968.94.

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Brent crude heads toward $70 as China energy demand outlook brightens

China's industrial output growth quickened in January-February, beating expectations, while its daily refinery throughput data rose 15% from the same period a year ago

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Indifi Secures Rs 35 Cr In Debt Financing From Indusind Bank

The funds will be used for onward lending to small businesses (Micro, Small and Medium Enterprises) to accelerate post-COVID economic recovery

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World Stocks Inch Up On Increasing Bets On Faster Economic Recovery

US S&P 500 futures rose 0.2% in early Asian trade, trading just below a record high level touched last week, while Japan's Nikkei ticked up 0.3%.

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Wall Street Weekahead: Energy Shares Look For Next Spark As Investors Eye Recovering Economy

S&P 500 energy sector is back to levels last seen in February 2020, when the stock market began its plunge as the COVID-19 outbreak took its toll on the economy.

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Chinese Premier Rejects Idea That 2021 GDP Growth Target Too 'Low'

Li said the focus this year is on consolidating China's economic recovery, and setting hugely different growth targets from year to year would only "disturb" market expectations.

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