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Lockdown Read

Tamal Bandyopadhyay’s attempt to analyse the malaise in the banking system is an insider’s view and so not the larger picture one could expect from a dispassionate writer. He does raise a relevant poser, though. Has India let down its banking industry or is it the other way around?

Some European Countries To Allow Travellers From India Inoculated With Covishield: Govt Sources

BW Online Bureau

Economy India

An Indian foreign ministry source said on Thursday that Austria, Germany, Slovenia, Greece, Iceland, Ireland, Spain and Switzerland had informed the Indian government that Covishield would be accepted for the purposes of travel.

EU, India Trade Agreement To Benefit Domestic Exporters: TPCI

BW Online Bureau

Companies & Markets

India's export to EU was USD 38.43 billion, while imports stood at USD 33.4 billion.

India To Export Organic Millets To Denmark: Commerce Min

BW Online Bureau

Companies & Markets

Organic products are exported provided they are produced, processed, packed and labelled as per the requirements of the National Programme for Organic Production (NPOP).

Industry In Recovery Mode, Budget Proposals On Course: Sitharaman

BW Online Bureau

Economy India

A total of 3,14,835 fresh infections were registered in a span of 24 hours, while the death toll increased to 1,84,657 with a record 2,104 new fatalities.

Global Stocks Steady Ahead Of Fed Meeting

BW Online Bureau

Companies & Markets Markets Stock Market

The Nasdaq rose to a two-week high on a rebound in tech stocks at the heart of February's sell-off. MSCI's benchmark for global equity markets, which is heavily weighted to the big U.S. technology firms, advanced 0.14% to 677.96.

Lockdown Hits UK GDP Less Than Feared, But Brexit Pummels Trade

BW Online Bureau

Companies & Markets Sector Reports

Britain suffered its worst economic slump in three centuries last year when it shrank by 10%. It has also been hit with Europe's biggest COVID-19 death toll of over 125,000 people.

UK Economy Shrank By Less Than Feared In January, Trade Hit By Brexit

BW Online Bureau

Companies & Markets

Britain's economy is likely to shrink by 4% in the first quarter of 2021, due mostly to the latest lockdown but also because of disruption caused by new, post-Brexit rules for trade with the European Union

French Startup Lobby To File Privacy Complaint Against Apple

BW Online Bureau

Companies & Markets

The lobby also alleges that Apple's tracking functionality allows it to share the data it collects with affiliated companies without telling users ahead.

EU Says Pandemic Disproportionately Affects Women, Especially In Frontline Jobs

BW Online Bureau

Companies & Markets

Female employment in the EU dropped slightly more than male employment early on in the pandemic and women have since had more difficulties finding new jobs.

UK To Receive 10 Million Astrazeneca COVID-19 Vaccine Doses From India's Serum Institute

BW Online Bureau

Health

The UK government said the agreement follows assurances from the SII that providing doses to the UK would not impact its commitment to provide vaccines to poorer countries