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If you examine history, democracy creates chaos and forces people to think and act. Therefore, skills and democracy are the main drivers of sustainable growth...It is most needed..," Jhunjhunwala said at the 'India Today Conclave 2021'.
Powell renews forecast for inflation subsiding toward Fed’s goalFed officials surprised financial markets last week when their forecasts showed they pulled forward their expected timing and pace of interest-rate increases, from the current near-zero level, while also kicking off a discuss… Read MoreJaiprakash Associates Q4 results: Net profit drops 86% to Rs 424 croreIts total expenses were at Rs 2,212.43 crore, down 4.76 per cent in Q4/FY 2020-21 as against Rs 2,322.95 crore a year ago.
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… Read MoreStock Market: Battling valuations and risksHowever, the earnings to bond yield ratio is below its long-term average on a trailing basis which is supporting current market valuations as bond yields have come off at around 6%. Any pickup in inflation may lead to a spike… Read MoreSharp recovery: Unlock 2.0 sparks 15% growth in FMCG salesActive kirana count up 28%, uptick in rural areas; companies expect demand to sustain. While the second wave benefited hygiene and in-home consumption, it hurt discretionary demand and took a further toll on the badly hit HoR… Read MoreCovid 2.0 may bring a recast surge at NBFCs“The recast levels in the second wave will be at least 2-3 times of what we had seen last year because there is no benefit of a blanket moratorium this time; so we need to salvage whatever we can,” said the CEO of a large non… Read More
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