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  • Petrol, diesel prices remain unchanged for 11th day
    on April 10, 2021 at 5:15 pm

    Fuel prices in the country remained unchanged on Saturday with oil marketing companies continuing on the pause mode and keeping petrol and diesel prices static for 11th consecutive day.

  • Timeline: Events leading up to China's fine on Alibaba
    on April 10, 2021 at 4:35 pm

    China slapped a record $2.75 billion antitrust fine on Alibaba Group Holding Ltd on Saturday, after regulators determined the e-commerce giant had abused its dominant market position for several years.

  • With interest rates on hold, quantitative easing to unfold: Fitch
    on April 10, 2021 at 3:59 pm

    Fitch Solutions has revised its forecast for the Reserve Bank of India (RBI) to keep its policy repurchase (repo) rate on hold at 4 per cent over the course of FY22 (April 2021 to March 2022) from its prior view for a 25 basis points cut to 3.75 per cent.

  • India forms air bubble with Sri Lanka
    on April 10, 2021 at 2:39 pm

    India has formed an air bubble with Sri Lanka, opening yet another overseas tourist destination for those itching to travel after a year of being at home. Till now only a few places were open for overseas tourists -- including Indians -- namely Maldives, UAE, Seychelles and Russia.

  • E-commerce to accelerate auto sector growth: Report
    on April 10, 2021 at 2:17 pm

    Strong acceptance of e-commerce and digitisation is expected to accelerate the growth of auto sector, advisory firm Grant Thornton Bharat said. Accordingly, the automobile market is estimated to grow more than '2.3 times' from $222 billion currently to $512 billion by 2026.

  • 'India needs to grow faster to make up for contraction'
    on April 10, 2021 at 2:01 pm

    India, which is projected to grow at an impressive rate of 12.5 per cent this year, needs to grow at a much faster pace to make up for the unprecedented contraction of eight per cent that it clocked during the Covid-19 pandemic in 2020, according to a senior IMF official.

  • Exports swell to $6.8 billion in April first week
    on April 10, 2021 at 1:02 pm

    India’s exports shot up to $6.8 billion during the first week of April, compared to $1.7 billion in the corresponding period last year when there was a countrywide lockdown.

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