ADB approves $300 million loan to cash-strapped Pakistan : Bulletin: Business Today
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ADB approves $300 million loan to cash-strapped Pakistan

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Vivek Punj | November 30, 2020

Masks to stay even after coronavirus vaccines are available, says ICMR chief

The coronavirus precautions that have been put in place owing to the pandemic are here to stay in the long run; people would still have to wear masks post the arrival and availability of vaccines, said chief professor Balram Bhargava of the Indian Council of Medical Research (ICMR).

Retail inflation for industrial workers jumps to 5.91% in October

Retail inflation for industrial workers rose marginally to 5.91 per cent in October from 5.62 per cent in September this year mainly due to higher prices of certain food items. Similarly, it stated that food inflation stood at 8.21 per cent in October against 7.51 per cent of the previous month (September 2020) and 8.60 per cent during the corresponding month (October 2019) a year ago.

ADB approves $300 million loan to cash-strapped PakistanThe Asian Development Bank has approved a USD 300 million policy-based loan to Pakistan to help promote macroeconomic stability in the cash-strapped country.

The announcement by the Philippines-headquartered lender came a week after Pakistan secured USD 800 million worth of debt freeze deals from 14 members of the G20.

DLF sells nearly 90 independent floors worth Rs 300 crore in Gurugram

Real estate developer DLF on Sunday said it has sold nearly 90 independent floors worth over Rs 300 crore in Gurugram. The company also plans to launch more such projects as demand for premium residential properties has revived in last few months. Adding to it, plotted developments continue to remain an attractive investment option due to lower investment cost and higher returns.

Record investment in November! FPIs net buyers for 2nd straight month; invest Rs 60,358 cr in equities

In a big boost to the economy, foreign portfolio investors (FPI) pumped in Rs 62,951 crore in Indian markets in November, recording the second consecutive month of net buying. Notably, this is the highest investment in a month in the equity segment since the National Securities Depository Ltd made the data on foreign portfolio investors available. In October, FPIs pumped in Rs 22,033 crore in the Indian markets.

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