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FICCI welcomes RBI's move to cut repo rate, extension of loan repayment mo
Updated : 5 years, 10 months ago IST
New Delhi [India], May 22 (ANI): Federation of Indian Chambers of Commerce and Industry (FICCI) Secretary-General Dilip Chenoy on Friday lauded the Reserve Bank of India's (RBI) decision to slash the repo rate and reverse repo rate and extension of the loan repayment moratorium.
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Lockdown put a brake on spread of coronavirus, says Empowered Group 1 cha
Updated : 5 years, 10 months ago IST
New Delhi [India], May 22 (ANI): The growth rate of COVID-19 cases has seen a steady fall from April 3 as the lockdown was able to put a brake on the spread of the coronavirus in the country, said Dr VK Paul, Chairman, Empowered Group 1, on Friday.
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Equity indices in red after RBI rate cut, banking stocks down as loan mora
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 22 (ANI): Equity benchmark indices closed lower on Friday due to underperformance by banking and financial stocks as the Reserve Bank of India forecast contraction in H1 FY21 GDP growth, cut repo rate by 40 basis points to inject liquidity and extended the l
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Industry appreciates RBI rate cut, loan moratorium extension
Updated : 5 years, 10 months ago IST
New Delhi [India], May 22 (ANI): Industry experts on Friday largely welcomed the Reserve Bank of India's measures to increase private consumption and provide liquidity access to all sectors hit by the Covid-19 pandemic.
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Equity indices tumble by 1 pc on RBI rate cut, banking stocks suffer as mo
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 22 (ANI): Equity benchmark indices fell by 1 per cent during the afternoon on Friday as the Reserve Bank of India forecast contraction in H1 FY21 GDP growth, cut repo rate by 40 basis points and extended the loan repayment moratorium for another three months
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RBI cuts key interest rates, forecasts H1 FY21 GDP growth to contract on C
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 22 (ANI): The Reserve Bank of India (RBI) on Friday unveiled a series of measures to minimise the impact of coronavirus (COVID-19) pandemic and subsequent countrywide lockdown which is likely to contract GDP growth rate in the first half of current financial
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Welcome RBI's move to cut repo rate, it will boost demand amid COVID-19: P
Updated : 5 years, 10 months ago IST
New Delhi [India], May 22 (ANI): Union Minister Piyush Goyal on Friday welcomed the Reserve Bank of India's (RBI) move to cut repo rate and reducing the reverse repo rate saying that it will boost demand amid COVID-19 by extending affordable credit to MSMEs and other businesses.
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RBI slashes repo rate by 40 bps, extends loan moratorium by 3 months
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 22 (ANI): The Reserve Bank of India (RBI) on Friday reduced the repo rate by 40 basis points to 4 per cent and extended the loan repayment moratorium for another three months up to August 31.
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RBI cuts repo rate by 40 bps to 4 pc to increase credit flow
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 22 (ANI): The Reserve Bank of India (RBI) on Friday reduced repo rate by 40 basis points to 4 per cent in an effort to further boost liquidity in the economy which has been reeling under the impact of COVID-19 induced countrywide lockdown.
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India's coronavirus cases over 1.12 lakh, recovery rate improves to 40.23
Updated : 5 years, 10 months ago IST
New Delhi [India], May 21 (ANI): India's coronavirus cases rose to 1,12,358 on Thursday with 5,609 new cases and the recovery rate improved to 40.23 per cent from 39.62 per cent a day earlier.
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COVID-19: India's recovery rate improves to 40.23 per cent
Updated : 5 years, 10 months ago IST
New Delhi [India], May 21 (ANI): A total of 3,002 COVID-19 patients have been reported cured in the last 24 hours and India's total count of cured COVID-19 patients stands at 45,299, Health Ministry said on Thursday.
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Covid-19 infected elderly patients on ventilators have low survival rates:
Updated : 5 years, 10 months ago IST
Washington D.C. [USA], May 21 (ANI): Most people in their advance age, especially among those who are infected by the novel coronavirus and are suffering from some underlying disease such as hypertension, diabetes, heart disease and obesity, have lower rates of survival, even if they are put
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