Two years lost

Private consumption continues to remain weak

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November show worst for Sensex and Nifty indices since March 2020

Volatility continued on Tuesday as indices swing 1,300 pts to end 0.4% lower

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Eight core sectors' output grows to 7.5% in October: Govt data

The core sector grew 6.9 per cent, compared with the pre-Covid month of October 2019

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Seven firms, including JSW Steel, submit bids for coal blocks

JSW Steel and Adhunik Power & Natural Resources are among seven companies that have submitted bids for four coal blocks put up for sale under "second attempt" of auction process for 11 mines for commercial mining. These coal mines were also offered in the first attempt launched on March 25 this year and had fetched single bids. "A total of 7 companies have submitted their bids in the auction process," the coal ministry said in a statement. The seven firms are Auro Coal Pvt Ltd, JSW Steel, MP Natural Resources Pvt Ltd, Adhunik Power & Natural Resources, Assam Mineral Development Corp Ltd, Virtuous Mining Ltd and Twenty First Century Mining Pvt Ltd. Total seven bids were received by the ministry for four coal blocks namely Beheraband North Extn, GondbaheraUjheni East, Lalgarh (North) and Tokisud Block II. "A total of 7 bids have been received for 4 coal mines," the ministry said. The online bids were decrypted and opened electronically in the presence of the bidders, it ...

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Festive season retail demand, MSME drive bank loan growth in October

Credit offtake in services remains weak

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RBI probe found liabilities swelling, but capital eroding rapidly at RCap

The RBI had kept the firm in constant watch as part of its informal asset quality review, and carried out regular inspections

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Brokerages give thumbs up to Rakesh Jhunjhunwala-backed Star Health's IPO

Say it stands to benefit as market leader in health space, but risk of fresh Covid wave may weigh on profitability

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IT, Pharma may not provide the usual hedge if rupee weakens

There are concerns over margin and growth, which may weigh on sentiment

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