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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


Sonal Khetarpal
December 3, 2020
The Centre for Science and Environment (CSE) alleged that Chinese companies were exporting sugar syrup as 'fructose syrup' to India with claims that it could bypass the basic tests specified for selling honey in Indian market


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
Coronavrus vaccine supply: The role of the supply chain is to ensure effective vaccine storage, handling, and stock management; rigorous temperature control in the cold chain; and maintenance of adequate logistics management information systems


BusinessToday.In
December 3, 2020
Coronavrus vaccine supply: The role of the supply chain is to ensure effective vaccine storage, handling, and stock management; rigorous temperature control in the cold chain; and maintenance of adequate logistics management information systems


BusinessToday.In
December 3, 2020
The finance ministry said that the GDP contraction easing to 7.5% in the September quarter from -23.9% in the previous quarter underlines a quarter-on-quarter surge in GDP growth of 23 per cent


BusinessToday.In
New Delhi, December 3, 2020
Extend restructuring window till March 2021, banks appeal to RBI; L&T on track to sell non-core assets to reduce liabilities;  Pfizer CEO confident supply will exceed needs by end of 2021. Watch this and more news on News Blast.


PTI
December 3, 2020
Looking ahead, services firms were confident of a rise in business activity in the coming 12 months. The overall degree of optimism improved to a nine-month high


PTI
December 3, 2020
The total coronavirus cases mounted to 95,34,964 with 35,551 new infections being reported in a day, while the death toll climbed to 1,38,648 with 526 new fatalities


Vivek Punj
New Delhi, December 3, 2020
Extend restructuring window till March 2021, banks appeal to RBI The Reserve Bank of India has received a request from the Indian Banks' Association to extend the restructuring window recommended by the KV Kamath committee till March 31, 2021. The recast window is set to lapse on December 31. L&T on track to sell non-core assets to reduce liabilitiesEngineering and construction giant Larsen and Toubro (L&T) is on track to divest its non-core assets to cut its consolidated debt of...


PTI
December 3, 2020
Criticising Prime Minister Narendra Modi, the opposition party said while he had announced that every Indian will get vaccinated against the novel contagion, the Health ministry later announced that everyone in country need not be immunized


Aseem Thapliyal
December 3, 2020
Sensex rose 335 points to 44,953 against previous close of 44,618. Nifty too climbed 103 points to 13,216 against previous close of 13,113


BusinessToday.In
December 3, 2020
India Stock Market Highlights Today: Maruti Suzuki, Hindalco, Tata Steel and GAIL India were the top gainers on Nifty rising up to 3.62%. SBI Life Insurance, Infosys, Bharti Airtel and Axis Bank were the top losers falling up to 1.79% on Nifty


BusinessToday.In
December 3, 2020
Serum Institute's chief executive officer, Adar Poonawalla, has confirmed that the company's coronavirus vaccine will enter the open market post-March to April 2021 if the vaccine is found to be 'immunogenic and safe'


Reuters
December 3, 2020
The UK has already ordered 40 million doses of the Pfizer vaccine to vaccinate its 20 million population, of which around 10 million doses will be available soon


BusinessToday.In
December 3, 2020
Catch top stories from the world of business and economy with BusinessToday.In's Biz EOD report


BusinessToday.In
December 2, 2020
Akshata Murthy reportedly owns shares worth GBP 480 million, which is roughly Rs 4,200 crore, in Narayana Murthy's tech company Infosys. Meanwhile, Queen Elizabeth's personal wealth is around GBP 350 million, roughly Rs 3,400 crore


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