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Modi govt taking necessary steps to help economy cope with COVID-19 crisis
Updated : 5 years, 11 months ago IST
New Delhi [India], April 17 (ANI): BJP National President JP Nadda on Friday stated that the Narendra Modi government is taking all necessary steps to help the economy cope with the COVID-19 crisis. He added that Reserve Bank of India's announcements today on providing liquidity and improvi
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RBI measures will increase credit flow to productive sectors of economy: E
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 17 (ANI): Industry experts said on Friday that further revision in reverse repo rate by the Reserve Bank of India (RBI) should add to spurring liquidity in the system and is a positive measure.
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RBI announcements will greatly enhance liquidity, improve credit supply: P
Updated : 5 years, 11 months ago IST
New Delhi [India], April 17 (ANI): Prime Minister Narendra Modi on Friday said that the announcements made by Reserve Bank of India (RBI) will "greatly enhance liquidity and improve credit supply" and would "help small businesses, MSMEs, farmers and the poor".
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RBI slashes reverse repo rate by 25 bps to inject liquidity, no change in
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 17 (ANI): The Reserve Bank of India (RBI) on Friday announced a reduction in reverse repo rate by 25 basis points from 4 per cent to 3.75 per cent to facilitate bank credit flows amid the coronavirus crisis and subsequent countrywide lockdown which has
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RBI reduces reverse repo rate by 25 basis points from 4 pc to 3.75 pc
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 17 (ANI): The Reserve Bank of India (RBI) today reduced the reverse repo rate by 25 basis points from four per cent to 3.75 per cent in a bid to inject liquidity in financial markets. However, the repo rate remains unchanged.
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Mortality rate in Kerala is below 0.5 pc but in world it's over 5 pc: Stat
Updated : 5 years, 11 months ago IST
Thiruvananthapuram (Kerala) [India], April 16 (ANI): Kerala that reported the first COVID-19 case on January 30 was able to flatten the curve within three months, with 147 active cases against 245 recovered cases as on Thursday, with meticulous planning that began even before the first batch
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India's coronavirus cases over 12,700; ICMR says testing average for posi
Updated : 5 years, 11 months ago IST
New Delhi [India], April 16 (ANI): The number of coronavirus positive cases rose to 12,759 in the country as the government rejected suggestions that testing rate was not enough and laid thrust on people strictly following guidelines issued for the extended lockdown.
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Tata Communications board approves plan to raise up to Rs 650 crore
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 15 (ANI): The board of directors at Tata Communications on Wednesday approved fundraising of Rs 500 crore via private placement of rated, secured, listed, redeemable and non-redeemable debentures (NCDs).
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WPI inflation down at 1 pc in Mar on lower food prices
Updated : 5 years, 11 months ago IST
New Delhi [India], April 15 (ANI): The annual rate of inflation based on monthly wholesale price index (WPI) stood at 1 per cent in March over the same month last year, data released by the government on Wednesday showed.
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IMF pegs India's growth at 1.9 pc in FY'20-21, but says will bounce back t
Updated : 5 years, 11 months ago IST
Washington D.C. [USA], April 14 (ANI): The International Monetary Fund (IMF) has projected the growth of Indian economy in 2020 at the rate of 1.9 per cent, while the world economy is likely to contract sharply by "minus 3 per cent" due to the coronavirus pandemic, which is proving worse
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Buyers forcing us to sell produce at extremely low rates, K'taka banana fa
Updated : 5 years, 11 months ago IST
Shivamogga (Karnataka) [India], April 13 (ANI): Banana farmers in Shivamogga say their crop is rotting and they are incurring huge losses amid lockdown due to COVID-19.
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Drop in 20-25 pc dip in crime rate due to lockdown, says Meerut ADG
Updated : 5 years, 11 months ago IST
Meerut (Uttar Pradesh) [India], April 12 (ANI): There has been a drop of 20-25 per cent in the crime rate in Meerut due to the lockdown, according to police.
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