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Just in:   • Market Rebound: Sensex surges 1,265 points to reclaim 31,000  • ndianOil ties up LPG imports, fully geared for higher gas demand  • Truly rare situation now, rebound can be robust: Fed Chair on US economy  • French watchdog tells Google to pay news firms for using their content  • Arrival of wheat, onion, potato, mango, banana dips 50-95% in lockdown 
Last updated: 05 Sep, 2017  
 India Economy News


Market Rebound: Sensex surges 1,265 points to reclaim 31,000
SME Times News Bureau | 09 Apr, 2020
The Indian stock market witnessed a rally on Thursday as the BSE Sensex jumped over 1,200 points to reclaim the psychological mark of 31,000.
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Arrival of wheat, onion, potato, mango, banana dips 50-95% in lockdown
SME Times News Bureau | 09 Apr, 2020
National daily arrivals of several crops like wheat, chana dal, onion, potato, apple, banana and mango are down by 50-95 per cent compared to last year since the lockdown on March 24 due to lack of trucks and shortage of labour.
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Railway to run parcel express trains in NE to ferry essentials
SME Times News Bureau | 09 Apr, 2020
Amid the lockdown, the Northeast Frontier Railway (NFR) will start operating parcel express trains in northeast region from April 11 to ferry essential commodities, both government and private, to the northeastern states, officials said on Thursday.
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COAI to TRAI: Needy subscribers well-supported, subsidise further coverage
SME Times News Bureau | 09 Apr, 2020
The Cellular Operators Association of India (COAI) has said that the telecom service providers have taken adequate measures to ensure that the under-privileged subscribers get the required benefits and are well connected during the lockdown period.
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In Rabi season, Centre hikes daily procurement limit under PSS
SME Times News Bureau | 09 Apr, 2020
The Centre has approved the enhancement, from 25 quintals to 40 quintals, of daily procurement limit per farmer per day under the Price Support Scheme (PSS), where government agencies like Nafed, SPAC and other state-owned agencies procure pulses and oil seeds at minimum support price (MSP).
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States to decide when to start pulse procurement: Centre
SME Times News Bureau | 09 Apr, 2020
The Centre has left it to states to decide when to start procurement of pulses and oilseeds under the Price Support Scheme (PSS) amid buzz of an extension of the ongoing 21-day shutdown.
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Lifeline Udan: 240 tonnes of medical supplies flown across India
SME Times News Bureau | 08 Apr, 2020
The Centre on Wednesday said that under the "Lifeline Udan" initiative, 161 flights have transported around 240 tonnes of medical supplies across the country till April 7.
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Urgent need for financial assistance to fishermen: MS Swaminathan
SME Times News Bureau | 08 Apr, 2020
With the annual fishing ban to enable breeding of fish to start from April 15, there is an urgent and immediate need for assistance for India's marine fishermen, said noted agriculture scientist M.S. Swaminathan.
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Ministries' spending in wake of stressed cash position restricted
SME Times News Bureau | 08 Apr, 2020
In view of the stressed cash position arising out of Covid-19 and the consequential lock down, the government has decided to modify its cash management system restricting expenditure of ministries between 15 -20 per cent of the budgeted level in the April-June quarter of the current financial year.
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BoB launches loan scheme for retail customers
SME Times News Bureau | 08 Apr, 2020
In the wake of COVID-19 pandemic, public sector lender Bank of Baroda has launched "Baroda Personal Loan COVID 19" for its existing retail loan customers (home loan, auto loan & loan against property).
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Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 10 Apr, 2020
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» China's forex reserves reach USD 2.85 trillion(6)
» Late payment: RBI move not enough for SMEs(3)
» Digital learning firms likely to reap the most of lockdown(1)
» Fund set up for MSMEs to tackle COVID-19 effects(1)
 
 
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