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Thursday, June 24, 2021

India’s services activity shrinks for sixth straight month, but pace of decline slows

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Thursday’s survey adds to the gloom in the service sector, an engine of economic growth and jobs, suggesting a long and painful road to recovery after the economy shrank nearly a quarter in April-June.

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Market Movers: Why RIL shares ended in the red despite green energy plans

Shares of the index major had rallied substantially in the run-up to Thursday’s AGM in anticipation of major announcements such as the ones made...

RBI issues guidelines for NBFCs on dividend distribution

The guidelines shall be effective for declaration of dividend from the profits of the financial year ending March 31, 2022 and onwards. These will...

160% jump in a year! Emami flies high after share pledges drop

The counter has been in high spirits on the back of multiple tailwinds such as price hikes, robust earnings, reduction of pledged shares and...