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BusinessToday.In
April 23, 2021
M&M was the top Sensex loser falling over 2 per cent, followed by Dr Reddy's Bharti Airtel, Tech Mahindra, HUL, ICICI Bank and Infosys


BusinessToday.In
April 23, 2021
The report states that the recovery rate across nations continues to improve in several peaks, however, in India the recovery rate increased to 97.3 till mid-February 21 but began dipping subsequently, moving to 85 recently


PTI
April 23, 2021
Earlier this month, the Reserve Bank maintained its 10.5 per cent GDP growth estimate, but Governor Shaktikanta Das has flagged the rising cases as the biggest impediment to recovery


BusinessToday.In
April 23, 2021
The SBI Research report pegs a loss of around Rs 82,000 crore for Maharashtra due to the current lockdow, whereas, it estimates a loss of Rs 21,712 crore for Madhya Pradesh and Rs 17,237 crore for Rajasthan


BusinessToday.In
April 23, 2021
Stepping up coronavirus vaccination efforts instead of lockdowns would be the preferred alternative to impede the soaring second wave of the COVID-19 pandemic in India, SBI Research said in a report on Friday


BusinessToday.In
April 23, 2021
\"Working hours (business hours) of the banks could be restricted to 10am-2pm. Doorstep banking activities should be encouraged,\" said Indian Banks' Association


Nevin John
April 22, 2021
India recently advised public sector crude refining companies to scale up imports from US and Africa following Saudi's decision to raise OSP of oil shipments to Asia in May


PTI
April 22, 2021
For FY21, the E2W segment sales declined by 6 per cent to 1,43,837 units, as compared to 1,52,000 units in FY20, SMEV said in a statement, adding that the FY21 E2W sales included 40,836 high-speed and 1,03,000 low-speed E2W


Anand Adhikari
April 22, 2021
The company has also raised some rupee term loans from banks. With interest rates at rock bottom, the company has a good opportunity to mobilise 3-5 year money


Rashi Bisaria
New Delhi, April 20, 2021
UK adds India to COVID-19 travel 'red list' amid new variant cases Britain on Monday added India to its COVID-19 travel \"red list\", which effectively bans all travel from the country and makes a 10-day hotel quarantine compulsory for UK residents arriving back to the country. Health Secretary Matt Hancock confirmed the move in the House of Commons as he revealed that 103 cases of the so-called Indian variant had been identified in the UK, of which the \"vast majority have links to interna...


Reuters
April 19, 2021
A BoE-backed digital version of sterling would potentially allow businesses and consumers to hold accounts directly with the bank and to sidestep others when making payments, upending the lenders' role in the financial system


Rashi Bisaria
New Delhi, April 19, 2021
India to become No 1 electric vehicle manufacturer in world: Nitin GadkariUnion minister Nitin Gadkari on Sunday expressed confidence that lithium-ion batteries would be manufactured fully in the country in the next six months and India will become number one electric vehicle maker in the world in due course of time. Addressing Amazon's Smbhav Summit virtually, Gadkari further said that the government wants to encourage automakers to introduce flex-fuel engines in India and he is in the fina...


PTI
April 19, 2021
In February last year, the Reserve Bank had permitted one-time restructuring of existing MSME advances, classified as 'standard' without downgrade in the asset classification subject to certain additional provisioning and other compliances


PTI
April 19, 2021
The NCLAT order on spectrum sale may block transfer of Aircel and RCom spectrum to UVARCL and leave Indian and foreign banks with non-performing assets of around Rs 60,000 crore as claimed by the lenders


PTI
April 18, 2021
While acknowledging that the present situation has become far more difficult than it was in the past due to rising coronavirus infections, Mr Kumar remained hopeful that the country's economy will grow 11 per cent in the current fiscal ending March 31, 2022


PTI
April 18, 2021
In a recent communication to all banks, the central government has said the MiTM attacks have been increasing under which messages sent by 'ATM Switch' to 'ATM Host' are altered by attackers to withdraw cash fraudulently


BusinessToday.In
April 18, 2021
The company said that the debt restructuring was necessitated due to the disruptions caused by COVID-19 which led to cash flow not being able to bear the debt burden


PTI
April 18, 2021
The valuation of Reliance Industries eroded by Rs 30,841.38 crore to Rs 12,26,048.07 crore and that of State Bank of India diminished by Rs 11,735.86 crore to Rs 3,03,347.55 crore


Reuters
April 18, 2021
Officials from the central bank, People's Bank of China (PBOC), and financial regulator China Banking and Insurance Regulatory Commission (CBIRC) held talks between January and March with Ma and Ant separately, where the possibility of the tycoon's exit from the company was discussed


Shailendra Shukla
New Delhi, April 17, 2021
Shopping on Amazon saves you over 75 hours a year: Jeff BezosAmazon founder and CEO Jeff Bezos in his latest letter to shareholders spoke extensively about wealth creation and how that money has helped people in \"college, for emergencies, for houses, for vacations, to start their own business, for charity\". He said not only money, but Amazon also helps people save a lot of time too. He said that using Amazon delivery services saves people more than 75 hours a year. This letter to sharehold...


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