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news, I read on 6th July
access_time 2020-07-05T12:31:24.738Z face Kundan Kishore
News, I read on 6th July 1) As per the report, in the SME market, there were four IPOs verses 14 and 11 in Q2 2019 and Q1 2020, respectively. All the IPOs were in the Small and Medium Enterprises (SMEs) segment and the median deal size was $0.38 million. Ref: Business Standard 2) The finance ministr...
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...