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Have minimised COVID-19 spread, cut transmission: Govt

Asserting that the ongoing lockdown has helped minimise the spread of coronavirus, the government on Thursday said the recovery rate among COVID-19 patients has almost doubled in last the ten days......

'Lockdown unlikely to contain COVID-19 surge in India'

India extending the nationwide lockdown by nearly three more weeks to May 3 is unlikely to stem the surge in coronavirus infections and economic and humanitarian crisis will exacerbate due to slow......

Focus shifts to rapid testing as India's COVID-19 tally rises to 2,547

Ramping up their efforts to contain the COVID-19 outbreak, authorities on Friday announced exclusive isolation wards and initiated rapid tests in areas identified as hotspots of the infection while......

FATF retains Pakistan in Grey List; warns of action

Putting Pakistan on notice, the international terror financing watchdog Financial Action Task Force (FATF) on Friday warned it will be blacklisted if it does not control terror funding by February......

Terror financing watchdog decides to keep Pak in 'Grey' list

The FATF continuing Pakistan in the 'Grey' list means its downgrading by the International Monetary Fund, the World Bank, the Asian Development Bank, the European Union and also a......

Reliance's proposed business reorganisation credit neutral: Fitch

The proposed reorganisation plan by Reliance Industries Ltd to transfer its refining, marketing and petrochemical (oil-to-chemicals) businesses to a wholly-owned subsidiary is a step towards......

Corporate air travel takes wing on economic revival

Online travel portals and airlines say the demand from companies is being led by essential services sectors like pharmaceutical, oil and gas, and power. The travel sector is seeing demand from......

Govt likely to fetch around Rs 15,000 crore from Air India sale

To attract bidders, the government had decided to hive of around Rs 35,000 crore of the company’s debt into a separate subsidiary, leaving around Rs 23,286 crore to be absorbed by the new......

Biggest challenge in lowering India's debt/GDP ratio

Fitch Ratings on Wednesday said India's high fiscal deficit would pose a challenge in lowering the debt to GDP ratio, which is expected to rise above 90 per cent in the next five years.......

How brokerages read Budget 2021

PSU divestment, LIC IPO, fiscal deficit: Budget 2021 marks a clear change in the Modi government's stance from fiscal conservatism to growth orientation. Illustration: Dominic Xavier/Rediff.com......

Here's a complete list of Aus Open women's champions

Naomi Osaka beat Petra Kvitova 7-6(2), 5-7, 6-4 to become the first Japanese player to win the Australian Open on Saturday. The win made fourth seed Osaka the first player from an Asian country to......

20-month ban for France's World Cup winning captain

IMAGE: Tottenham and France goal keeper Hugo Lloris arrives at Westminster Magistrates Court in London. Photograph: Toby Melville/Reuters France’s World Cup-winning captain Hugo Lloris has......

Sports Shorts: F2 driver says 'halo' saved his life

IMAGE: F1 driver sports a halo. Photograph: Albert Gea/Reuters Japanese F2 driver Tadasuke Makino reckons the new 'halo' head protection device, which made its debut in the junior series and......

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Global container shipping rates high, unsustainable

LONDON: Global container shipping companies' performance will be strong in 2021 after a profitable 2020, according to Fitch Ratings.Spot freight... ...

https://economictimes.indiatimes.com/small-biz/trade/exports/insights/global-container-shipping-rates-high-but-unsustainable-fitch/articleshow/81239944.cms

Fitch

The reorganisation of the business in Reliance O2C Limited (O2C) "will have a neutral impact on RIL's credit metrics and rating," it said in a... ...

https://economictimes.indiatimes.com/markets/stocks/news/reliances-proposed-business-reorganisation-credit-neutral-fitch/articleshow/81174479.cms

Fitch, S&P Global rate Airtel dollar bonds at 'BBB-'

Bharti’s proposed senior unsecured notes will be rated in line with its senior unsecured rating of 'BBB-', as they will rank at least equally... ...

https://economictimes.indiatimes.com/markets/bonds/fitch-rates-airtels-proposed-fundraise-via-bonds-at-bbb-/articleshow/81167307.cms

Corporate air travel takes wing on economic revival

Online travel portals and airlines say the demand from companies is being led by essential services sectors like pharmaceutical, oil and gas, and... ...

http://www.rediff.com/money/report/corporate-air-travel-takes-wing-on-economic-revival/20210215.htm

Japan's GDP shrinks for first time since 2009

Tokyo: Japan's pandemic-hit economy shrank in 2020 for the first time in more than a decade, but the contraction was less than expected and it... ...

https://economictimes.indiatimes.com/news/international/business/japan-economy-shrinks-for-first-time-since-2009-financial-crisis-but-tops-forecast/articleshow/80919593.cms

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