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News I read on 13th July
access_time 2020-07-03T18:37:18.759Z face Kundan Kishore
News I read on 7th July 1) India's Gross Domestic Product (GDP) will shrink 4.5 percent in the current fiscal year, the Union Finance Ministry said in its macroeconomic report. Ref: Moneycontrol 2) India Ratings & Research Pvt. expects the pandemic to worsen corporate stress in the next two financia...
News I read on 3rd July
access_time 2020-07-02T18:50:22.415Z face Kundan Kishore
News I read on 3rd July 1) India’s June gold imports dropped to $608.8 million from $2.7 billion a year ago. Indian imported around 11 tonnes of gold in June, down from 77.7 tonnes a year ago. Ref: Moneycontrol 2) Indian IT services firms are likely to report 5-9 percent contraction in revenues for ...
News I read on 2nd July
access_time 2020-07-01T19:40:07.986Z face Kundan Kishore
News I read on 2nd July 1) Wall Street opened higher as rising hopes of a Covid-19 vaccine reversed premarket losses, overshadowing fears of another round of lockdowns following a record surge in coronavirus cases in the United States. Ref: Business Standard 2) Indian fuel demand rose in June compar...
News I read on 1st July
access_time 2020-06-30T19:01:23.794Z face Kundan Kishore
News I read on 1st July 1) Despite COVID-19 severely hampering economic activity in the last three months, the April-June period saw the Indian stock markets clock their best quarterly gains since the September quarter of 2009. Ref: Livemint 2) India’s eight infrastructure sectors contracted sharply...
News I read on 30th June
access_time 2020-06-29T19:30:16.607Z face Kundan Kishore
News I read on 30th June 1) Quarter 4 - A Loss-making quarter for most of the Indian Companies, despite just seven days of lockdown. Ref: Business Standard 2) The Reserve Bank of India (RBI) will be conducting a buy and sell open market operations (OMO) in bonds worth Rs 10,000 crore on Thursday. Re...