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SBI economists urged the government to budget for nursing the pandemic-ravaged economy and not to focus too much on fiscal consolidation as there is a need for more stabilisation measures to sustain the fledgling recovery.
School education startup Lead has become the second unicorn this year with a valuation of USD 1.1 billion after USD 100 million (about Rs 740 crore) funding by Westbridge Capital, GSV Ventures and Elevar Equity.