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Biden brings back welfare

  The fight over welfare is back. The COVID relief bill creates a new $100 billion program that will send no-strings monthly checks to parents whether or not they  ever work. But it does this for only a year. That s the first of several clever ways Democrats disguised the impact of the program. It let them claim that the checks were temporary pandemic aid. By the time Democrats move to make it permanent – which they will – they hope constituents will be accustomed to getting the monthly cash. The second trick was billing the plan as an expanded child tax credit, leading most people to think that it s just a generous version of the existing credit, which refunds money only to people who pay taxes or earn some income. That s not what the new version does. Cash goes to everyone with a child, income or not. If they don t owe taxes, the money s sent to them directly. Have a kid, get a check. Just like the old, hated Aid to Families with Dependent Children (AFDC) welfare

Decades-old sloppy analysis fuels mistrust of child allowances

Volumes jump at Shilpa Medicare Ltd counter

Shilpa Medicare Ltd saw volume of 5.1 lakh shares by 10:48 IST on BSE, a 12.25 fold spurt over two-week average daily volume of 41660 shares Himadri Speciality Chemical Ltd, TCNS Clothing Co. Ltd, Housing Development Finance Corporation Ltd, CRISIL Ltd are among the other stocks to see a surge in volumes on BSE today, 25 February 2021. Shilpa Medicare Ltd saw volume of 5.1 lakh shares by 10:48 IST on BSE, a 12.25 fold spurt over two-week average daily volume of 41660 shares. The stock increased 3.01% to Rs.381.45. Volumes stood at 29262 shares in the last session. Himadri Speciality Chemical Ltd witnessed volume of 176.17 lakh shares by 10:48 IST on BSE, a 5.47 times surge over two-week average daily volume of 32.21 lakh shares. The stock increased 13.26% to Rs.46.55. Volumes stood at 118.97 lakh shares in the last session.

Shilpa Medicare receives Import Alert for its Telangana facility

Three products exempted from Import Alert Shilpa Medicare has received an Import Alert 66-40 on 17 February 2021, pursuant to the USFDA inspection of the Unit 4, Jadcherla, Telangana facility from 13 February to 20 February and 24 February to 25 February 2020. The company announced that three products have been exempted from the Import Alert - Azacitidine for Injection, Cyclophosphamide Capsules and Erlotinib Tablets Powered by Capital Market - Live News (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) Dear Reader, Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Cov

Clariant Chemicals (India) Ltd leads losers in A group

Shilpa Medicare Ltd, Ramkrishna Forgings Ltd, Arman Financial Services Ltd and Jubilant Pharmova Ltd are among the other losers in the BSE s A group today, 18 February 2021. Shilpa Medicare Ltd, Ramkrishna Forgings Ltd, Arman Financial Services Ltd and Jubilant Pharmova Ltd are among the other losers in the BSE s A group today, 18 February 2021. Clariant Chemicals (India) Ltd lost 9.19% to Rs 410.95 at 14:48 IST.The stock was the biggest loser in the BSE s A group.On the BSE, 28015 shares were traded on the counter so far as against the average daily volumes of 25346 shares in the past one month. Shilpa Medicare Ltd tumbled 9.04% to Rs 387.6. The stock was the second biggest loser in A group.On the BSE, 1.44 lakh shares were traded on the counter so far as against the average daily volumes of 11786 shares in the past one month.

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