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Latest Articles in global economic recovery
Collective Progress To Ensure Sustainable Inclusive Recovery: FM Sitharaman
The finance minister emphasised on the importance of ensuring affordable and equitable access to vaccines and therapeutics to bridge the divergences being witnessed in the global economic recovery.
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India Warns Of High Oil Prices Hurting Global Economic Recovery
India is 85 percent dependent on imports to meet its oil needs and relies on overseas shipments to meet 55 percent of the gas needs.
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Ensuring Equitable Vaccines For All Must For Global Economic Recovery: Sitharaman Tells G-20
G-20 countries agreed to avoid any premature withdrawal of support measures while preserving financial stability and long-term fiscal sustainability besides safeguarding against downside risks and negative spillovers.
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Asia Shares Slip For 5th Session, Silver Gets Retail Boost
MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.4%, following four straight sessions of losses. Japan's Nikkei bounced 0.4%, after shedding almost 2% on Friday.
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Fitch Revises India's FY21 GDP Contraction Forecast To 9.4%
The Indian economy staged a sharper rebound in the July to September quarter from the COVID-19 led recession. GDP fell 7.5 per cent year-on-year, up from minus 23.9 per cent in the April to June quarter.
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G20 Determined To Use All Tools To Contain Pandemic, Save Jobs, Incomes
G20 leaders said they would decide next spring whether to extend the freeze, the Debt Service Suspension Initiative, for another six months, and endorsed a common framework for debt restructuring hammered out with the Paris Club of official creditors.
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Global Markets: Asian Shares Buoyed By China Optimism, Markets Eye U.S. Presidential Debate
MSCI's broadest index of Asia-Pacific shares outside Japan advanced 0.7% to 551.48, but stayed within striking distance of a two-month low of 543.66 hit last week.
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Gold Loses Sheen As Robust Dollar Weighs
Silver fell 1.5% to $24.05 per ounce, platinum rose 0.4% to $869.91 and palladium eased 0.3% to $2,215.24.
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Deutsche Bank: Global GDP To Hit Pre-COVID-19 Levels In Mid-2021
Deutsche raised its forecast for global GDP, expecting it to shrink 3.9% this year after predicting in May a contraction of 5.9% for 2020.
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Banking, Financial Stocks Lift Indices Up 1 %, HDFC Bank Gains 3.5 %
HDFC Bank ticked up by 3.51 per cent to Rs 1,111.65 per share after the bank reported strong loan growth in the first quarter of the current financial year.
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