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BusinessToday.In
December 4, 2020
Das says COVID-19 broke out even as the world was gripped by a synchronised slowdown in activity, which made the agony even more excruciating; adds RBI's role as debt manager and banker to government was tested to the hilt in 2020


Rashi Bisaria
New Delhi, December 4, 2020
Focus on higher spending, stronger growth in next Budget: FM Sitharaman India's economy will return to growth in 2021/22 and higher spending in the budget due in February will lay the foundations for even stronger growth in the next four to five years, Finance Minister Nirmala Sitharaman told Reuters on Thursday. With the world's second highest cases of coronavirus despite a severe lockdown of its 1.3 billion people early on in the pandemic, India's economy is expected to contract nearly 10...


BusinessToday.In
December 4, 2020
RBI Governor says he hopes second half of the fiscal year will show positive growth; inflation is likely to remain elevated with some relief in winter months from prices of perishables and bumper Kharif arrivals, adds Das


Reuters
December 4, 2020
Pfizer cited later-than-expected results from Pfizer's clinical trial as a reason for the smaller number of doses expected to be produced by the end of 2020


BusinessToday.In
December 4, 2020
The young achiever was interviewed by Hollywood actor and special envoy of the UN High Commissioner for Refugees, Angelina Jolie


PTI
December 4, 2020
Asked about the rapid expansion of the Chinese People's Liberation Army (PLA) and possible challenges from it for India, the Chief of Naval Staff said the Indian Navy was focusing on boosting its overall combat prowess


BusinessToday.In
December 4, 2020
RBI Governor Shaktikanta Das says MPC voted unanimously to keep policy repo rate unchanged at 4 per cent; changes its FY21 real GDP target to 7.5 per cent as compared to 9.5% contraction projected earlier


BusinessToday.In
New Delhi, December 4, 2020
Specialist transport operators and distribution hubs, a mass immunisation programme is underway in the UK as Pfizer-BioNTech vaccine get ready to vaccinate the most vulnerable people from next week. How did Pfizer achieve this feat and how will it transport the vaccines from the factory to the patient? Watch the video for more.


BusinessToday.In
December 4, 2020
India Stock Market Highlights Today: During the session, Sensex touched a lifetime high of 45,148 and Nifty hit an all-time high of 13,280


BusinessToday.In
December 4, 2020
Study says anti-bodies declined slightly over time but remained elevated in all participants even 3 months after vaccination. NIAID director Anthony Fauci and other infectious diseases experts say it is possible that our bodies would remember virus and produce more anti-bodies if exposed to the virus again


PTI
December 3, 2020
I would think 2021-22 will be very big, good traction year for achieving a really good rate of growth that itself is going to be a launching pad for 4-5 years of growing at a good speed, provided we do enough on the budget and spend on infrastructure, said the Finance Minister


BusinessToday.In
December 3, 2020
According to ICRA's report, the domestic aviation industry from May 25, 2020, to October 31, 2020, witnessed a year-on-year (YoY) decline of about 73 per cent in its capacity


BusinessToday.In
December 3, 2020
The increase in planting of rabi crops, such as wheat, barley, peas, pulses and mustard, was attributed to high soil moisture, higher reservoir levels and timely kharif harvest


PTI
December 3, 2020
India's economy recovered faster than expected in the September quarter as a pick-up in manufacturing helped GDP clock a lower contraction of 7.5 per cent and held out hopes for further improvement on better consumer demand


Reuters
December 3, 2020
The Organization of the Petroleum Exporting Countries, Russia and allies, a group known as OPEC+, had previously been expected to extend existing oil cuts of 7.7 million barrels per day (bpd), or 8% of global supplies, until at least March


BusinessToday.In
December 3, 2020
However, VK Paul, who heads the National Task Force on COVID-19, had said in November that the arrival of the Pfizer vaccine in India might take months.


BusinessToday.In
December 3, 2020
Speaking on COVID-19 vaccine and India's rollout plan, the AIIMS Director said that he is hopeful that by the end of December or early January, emergency use authorisation will be received from Indian regulatory authorities


Niti Kiran
December 3, 2020
With this, the September quarter witnessed a drop of around 85 per cent compared with the previous year, said a CARE Ratings report. This can be attributed to the suspension of fresh bankruptcy proceedings for COVID-19 defaults


BusinessToday.In
December 3, 2020
India Services Business Activity Index expanded at 53.7 in November, indicated that economy remained on the right path to recovery, with a further upturn in new work supporting business activity growth and the first rise in employment for nine months


BusinessToday.In
December 3, 2020
The first day of December saw a record of 2,52,374 daily domestic flight passengers since operations had resumed on May 25, 2020.


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