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Banking operations including cheque clearance across the country got affected as bankers under aegis of UFBU have gone on strike to protest against proposed privatisation of two state-owned lenders

Aditi Nayar, Principal Economist, ICRA Ltd, said the CPI inflation has accelerated faster than expected, and already reverted to 5 per cent.

“Various provisions in these rules can place unreasonable restrictions on digital news media, and consequently media at large,” the statement by the Editors Guild of India said.

Andhra Pradesh government endorsed state-wide bandh (strike) protesting the Visakhapatnam Steel Plant’s (VSP) privatisation took off on Friday.

Officials have been told now by PMO that India will monetise state-owned assets and govt’s focus should be on public welfare schemes and development rather than engaging in ‘business’.

The freefall on the BSE Sensex continued towards the fag end of the trade on Friday with the BSE Sensex losing over 2,000 points.

NEW DELHI/MUMBAI: India's government has shortlisted four mid-sized state-run banks for privatisation, under a new push to sell state assets and shore up government revenues, three government sources said.

Equity benchmarks Sensex and Nifty advanced their record-setting spree in early trade on Friday, ahead of the RBI monetary policy outcome.

The Economic Survey for 2020-21 has suggested that the government should come up with more fiscal measure for short term support to the economy and businesses.

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