The key factor that dented sentiments on D-Street on Wednesday was the Centre’s decision to hike fuel taxes, which will provide additional monetary support to the government, but will increase OMCs’ cash outflow. Shares of OMCs such as HPCL, BPCL and IOC fell sharply...
CII had been urging the government to focus on agriculture and MSMEs as these sectors needed maximum care and help in the wake of the Covid-19 pandemic. The fresh guidelines were released by the MHA on Wednesday, just a day after Prime Minister Narendra Modi...
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