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Nana Frema Busia: The GNPC/AKERS Deal etc: Breaking News #StoptheCorruptionNow

Nana Frema Busia: The GNPC/AKERS Deal etc: Breaking News #StoptheCorruptionNow
modernghana.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from modernghana.com Daily Mail and Mail on Sunday newspapers.

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EXPLAINER: Starving for more chips in a tech-hungry world

EXPLAINER: Starving for more chips in a tech-hungry world
MICHAEL LIEDTKE and TOM KRISHER, AP Business Writers
April 1, 2021
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1of6In this aerial photo, mid-sized pickup trucks and full-size vans are seen in a parking lot outside a General Motors assembly plant where they are produced Wednesday, March 24, 2021, in Wentzville, Mo. As the U.S. economy awakens from its pandemic-induced slumber, a vital cog is in short supply: the computer chips that power our cars and other vehicles, and a vast number of other items we take for granted. Ford, GM and Stellantis have started building vehicles without some computers, putting them in storage with plans to retrofit them later.Jeff Roberson/APShow MoreShow Less ....

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Optimismo y cautela - El Diario de Yucatán

Optimismo y cautela - El Diario de Yucatán
yucatan.com.mx - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yucatan.com.mx Daily Mail and Mail on Sunday newspapers.

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India GDP: India's GDP to contract 1% in Dec quarter, says BofA

Synopsis
On an average, economists at almost all the rating agencies and brokerages have forecast 0.4-0.7 per cent positive growth for the economy that has contracted a record high 23.9 per cent in the first quarter and 7.5 per cent in the second quarter of the current fiscal.
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As per the report, credit growth slipped to 5.6 per cent in late January from 6.2 per cent on January 1.
MUMBAI: Against the majority view of a rebound in the growth numbers for the December quarter, the house economists at the Wall Street brokerage Bank of America Securities on Tuesday pencilled in a 1 per cent contraction in India s GDP for the third quarter. ....

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India's rural demand seen ebbing in 2021-22, urban may come to the rescue

Rural demand, which has drived consumption growth and helped the economy remain afloat since 2018-19, may drop due to the falling prices of farm produce but urban demand is likely to pick up in the new financial year, according to a report.
Though rural demand outperformed in 2020, with the pandemic shock hurting urban India more, we see urban demand driving recovery in 2021, according to the report by Bank of America Securities.
Urban demand has on the wane since 2018 after the twin shocks of note ban and the hurriedly rolled out GST. Adding to the double whammy was the crisis in the non-banking financial sector, which has been one of the major drivers of consumption credit with the bankruptcy of IL&FS in September 2019 and the resultant risk aversion bank had developed. ....

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