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Welcome To IANS Live - NATION - India headed for stricter lockdowns to combat Covid wave

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Welcome To IANS Live - BUSINESS - Indices close flat, metal stocks shine (Roundup)

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Mumbai, May 3 (IANS) India s key benchmark equity indices closed on a flat note on Monday as robust quarterly results, along with an upbeat corporate outlook, aided in the recovery from the early losses.
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Welcome To IANS Live - LatestNews - India headed for stricter lockdowns to combat Covid wave

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Covid 19 coronavirus: Many Kiwis grappling with toll on jobs, mental health

Covid 19 coronavirus: Many Kiwis grappling with toll on jobs, mental health
2 May, 2021 12:52 AM
4 minutes to read
Many Kiwis say they re still grappling with the economic and emotional toll of the Covid-19 pandemic. Photo / Sylvie Whinray
Many Kiwis say they re still grappling with the economic and emotional toll of the Covid-19 pandemic. Photo / Sylvie Whinray
Many Kiwis say they re still grappling with the economic and emotional toll of the Covid-19 pandemic, despite New Zealand s stand-out success at keeping coronavirus at bay.
New survey findings suggest that Covid-19 s hit on the economy likely worsened New Zealand s mental health crisis, while also fuelling a K-shaped recovery that s led to growing inequality. ....

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SL faces worst economic downturn

SL faces worst economic downturn
Business
May 2, 2021
Colombo: Sri Lanka announced that its economy shrank 3.6 percent last year due to the Covid-19 pandemic, making it the worst downturn since independence from Britain in 1948.
The unprecedented recession compared with a 2.3 percent GDP growth in 2019, the Central Bank of Sri Lanka said in its annual report for 2020.
It hoped the economy would rebound in 2021 and record an optimistic six percent growth on the back of improved local manufacturing and services.
The pandemic has also offered an opportunity to reset the economy´s focus and to address longstanding structural weaknesses and establish a production-based, productivity-driven economy, the bank said. ....

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