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Non-banks’ NPAs may rise to 4.5-5% by March 2022: ICRA
We expect the non-bank reported NPAs to increase to about 4.5-5% by March 2022 vis a vis about 4% in December 2020, ICRA said
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SEBI bans eight entities from securities market in Infosys insider trading case
While imposing the ban till further orders on the eight entities, SEBI also directed impounding illegal gains worth Rs 3.06 crore from two of them -- Capital One Partners and Tesora Capital
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Construction industry may resume operations by mid-June: Assocham
Assocham said it would take about two weeks for the contractors to put together again the material and manpower at the sites after the disruptions of about 40 days in major states
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By July or early Aug, will have enough vaccine to inoculate 1 crore people a day: Centre
The Centre also said that mixing vaccines is not a protocol till further update and there is no change in the schedule of the two-dose Covishield and Covaxin vaccines
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PMLA court allows restoration of Vijay Mallya’s properties to banks
A consortium of 17 banks that gave Vijay Mallya loans, led by State Bank of India, had sought restoration of his properties seized by the ED
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PM Narendra Modi to chair meeting on class 12 board exams
Ahead of the meeting, Delhi CM Arvind Kejriwal appealed to the Centre to cancel Class 12 board exams in view of the Covid situation and suggested students be evaluated on basis of past performance
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WHO names Covid-19 variants found in India ‘Delta’ and ‘Kappa’
The so-called Indian variant B.1.617 is split into sub-lineages, of which the B.1.617.2 variant of concern becomes Delta. The B.1.617.1 variant of interest is called Kappa
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Delhi records 623 new Covid cases, 62 deaths
With the fresh cases and fatalities, the national capital's tally of cases stands at 14,26,863 and the death toll at 24,299
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Tata Motors sales drop 38% to 24,552 units in May
Tata Motors said its passenger vehicle sales in the domestic market stood at 15,181 units in May, down 40% from 25,095 units in April this year
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SBI economists cut FY22 GDP growth estimate to 7.9%: Ecowrap
SBI economist said that the real GDP for FY22 will be “slightly higher” than those in FY20, and called it a 'W-shaped' recovery with two troughs
