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Top News
Covid impact: Fitch affirms BBB- sovereign rating for India; outlook negative – Mint
Fitch forecasts a 12.8% recovery in India's GDP in FY22, moderating to 5.8% in FY23, from an estimated contraction of 7.5% in FY21 Read More reported by Aparna Banerjea at...
Lenders to withdraw debt recast if Future Group-RIL deal goes through: Report – Mint
Earlier this week, lenders of Future Supply Chain Solutions Ltd also approved the debt restructuring plan of the company.Banking sources said the debt recast is actually 'Plan B' to help the nation's largest retailer stay afloat Read More reported by PTI at...
Spending funds for setting up makeshift hospitals, temporary COVID care facilities eligible CSR activity:… – Moneycontrol
Earlier, the Ministry of Corporate Affairs had clarified that spending CSR funds on awareness campaigns and public outreach programmes to promote vaccination against COVID-19 would also be considered as an eligible CSR activity. Read More reported by at...
RBI cancels licence of Maharashtra-based Bhagyodaya Friends Urban Co-operative Bank – Moneycontrol
As per the data submitted by the bank, more than 98 percent of the depositors will receive full amounts of their deposits from Deposit Insurance and Credit Guarantee Corporation (DICGC), the RBI said. Read More reported by at...
Investors rush to ESG funds as Covid drives focus on sustainability – Mint
Data provided by Morningstar showed that India ESG funds received a net inflow of ?103.78 crore in March following an outflow of ?102.78 crore combined in January and February Read More reported by Nasrin Sultana at...
Zomato Starts Emergency Feature For COVID Food Delivery, Twitter Approves – NDTV Food
Zomato announced a new feature to deliver food to Covid-19 patients on priority basis. Take a look at what it entails! Read More reported by at NDTV...