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Anand Adhikari
May 22, 2020
The government has tried to keep deficit financing at minimum despite demand for higher stimulus from economists, states, opposition parties and global experts


BusinessToday.In
New Delhi, May 22, 2020
In his policy briefing, Das says that on quantum of reduction, MPC voted with a 5-1 majority to reduce policy rate by 40 basis points from 4.4 per cent to 4 per cent


Aprajita Sharma
New Delhi, May 22, 2020
If you are a risk averse investor looking to park your surplus cash in FDs, but disappointed with low interest rates that public sector banks are offering, you must know there are ways to earn decent returns


Anand Adhikari
May 22, 2020
Overall, interest rates have seen a gradual decline in the last six years


BusinessToday.In
New Delhi, May 22, 2020
Mukesh Ambani scores 5th cheque! KKR to invest Rs 11,367 cr into Jio PlatformsReliance Industries on Friday announced that KKR would invest Rs 11,367 crore into Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore. This is KKR's largest investment in Asia and will translate into a 2.32 per cent equity stake in Jio Platforms on a fully diluted basis. KKR is making the investment from its Asia private equity and growth technology funds...


BusinessToday.In
New Delhi, May 22, 2020
Apex bank had earlier extended scheme providing interest subsidy for post and pre-shipment export credit by a year till March 31, 2021; RBI announced a cut in repo rate by 40 bps to 4 per cent


BusinessToday.In
New Delhi, May 22, 2020
The loan moratorium has now been extended till August 31 for 6 months


BusinessToday.In
New Delhi, May 22, 2020
RBI press conference: Governor Shaktikanta Das warned of a highly uncertain inflation outlook and said that the supply shock in April is likely to persist for the next coming months


BusinessToday.In
New Delhi, May 22, 2020
\"More space will open up to address risk to growth if the inflation trajectory remains as expected,\" RBI Governor said in the statement


BusinessToday.In
New Delhi, May 22, 2020
The monetary policy committee (MPC) is maintaining an accommodative stance until growth revives, Das also said


BusinessToday.In
New Delhi, May 22, 2020
Group, which employs over 26,000 people, has not given any specific number of employees who have been asked to leave company. But even if one goes by its \"10-15 per cent\" claim, number could be much higher than 2,000


BusinessToday.In
May 22, 2020
M&M (4.46%), Infosys (3.01%) and Asian Paints (2.72%) were top gainers on Sensex


BusinessToday.In
May 22, 2020
Coronavirus (COVID-19) tracker India news live updates: Delhi recorded 660 fresh COVID-19 cases in the last 24 hours, the highest one-day jump in the national capital. Delhi's total count of coronavirus positive cases now stands at 11,659. India's total count of confirmed coronavirus cases spiked to 1,18,447 on Friday, according to Union Health Ministry


BusinessToday.In
New Delhi, May 22, 2020
RBI Governor press conference: GDP growth in 2020-21 is expected to remain in the negative category with some pick up in second half, says Shaktikanta Das


PTI
May 22, 2020
The government has in its economic stimulus package provided for 5 kg of foodgrain and Rs 500 per month for three months to poor women having Jan Dhan accounts


PTI
May 21, 2020
New York is among the worst-hit states in the US with 28,636 coronavirus deaths and 76,410 infections


BusinessToday.In
May 21, 2020
Cyclone Amphan updates: The strong winds and rain could continue today as well in West Bengal, say weather experts. The turbulence could extend to Assam and Meghalaya, triggering heavy to very heavy rainfall. The cyclonic storm will get weaker while crossing over Nadia and Murshidabad in West Bengal later tonight before entering Bangladesh


Nirbhay Kumar
New Delhi, May 20, 2020
Grappling with lockdown challenges, the smaller firms want the government to speed up payments of dues owed by public sector enterprises (PSEs)


PTI
May 20, 2020
The US Ambassador to the United Nations said the country's reliance on China for medical supplies was clear from the early stages of the pandemic as people rushed to purchase masks, gloves and hospitals tried to stock up on everything they needed, resulting in shortages


Prasanna Mohanty
May 15, 2020
Gross treatment to migrants comes along with massive job loss, historically low wage rates, little job or social security and subsistence level existence of millions of Indian workers. This is hardly an ideal situation to recover or rebuild the economy


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