SP slashes India’s GDP growth forecast to 9.8%

New Delhi, May 5 Samp;P Global Ratings on Wednesday slashed India’s GDP growth forecast for the current financial year to 9.8%, saying the second Covid wave may derail a budding recovery in the economy and credit conditions. The US-based rating agency in March had forecast 11% GDP growth for India…

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Colombia’s bloody protests could be a warning to the region

Tensions have hardly dissipated in Colombia after President Ivan Duque withdrew a controversial fiscal reform proposal this weekend. Six days of protests had seen at least 19 people killed and hundreds injured. Now, the demonstrations have evolved into a broader popular show of anger. Read More | Source: CNN…

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Market Roundup: Sensex surges 424 points, Nifty closes at 14,617 on RBI boost; today’s top gainers and losers

Market Roundup: Sensex surges 424 points, Nifty closes at 14,617 on RBI boost; today’s top gainers and losers Read More | Source: Firstpost…

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What to know about the political drama raising fears over El Salvador’s democracy

The future of El Salvador’s democracy is under global scrutiny after lawmakers teamed up with populist president Nayib Bukele over the weekend to replace every judge on the Constitutional Court, the highest branch of the country’s judiciary system. Read More | Source: CNN…

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Gold prices edge higher, trades above Rs 47,000; check MCX gold support, resistance levels

Gold prices were trading higher in Indian markets on Wednesday, even as international rates were flat Read More | Source: The Financial Express…

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RBI announces Rs 50,000 crore priority lending by banks for hospitals, oxygen suppliers, vaccine importers by March 31 next year

Mumbai, May 5 The Reserve Baank of India (RBI) on Wednesday said the second purchase of government securities worth Rs 35,000 crore under the G-sec Acquisition Programme (G-SAP 1.0) would be done on May 20 for an orderly evolution of the yield curve as a fresh Covid wave threatens to…

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Sensex rallies 424 pts on RBI announcements; financial stocks shine

Mumbai, May 5 Market benchmark Sensex rallied 424 points on Wednesday, led by gains in financial stocks after the RBI unveiled a slew of measures to support the economy facing strong headwinds amid peaking second wave of the COVID-19 pandemic. The 30-share BSE index jumped 424.04 points or 0.88 per…

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Outstanding graduating seniors at GU-Q ‘will leave a lasting legacy’

Across Qatar Foundation (QF), senior students from branch campuses of partner universities are preparing to receive their diplomas. For the graduating Class of 2021 at QF partner Georgetown University in Qatar (GU-Q), the future is far less certain than when they began. Read More | Source: Gulf Times…

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