30/04/2021
- Indian PM to chair a meeting with the council of ministers today morning to discuss the Covid crisis which has the country in its grip in a deadly second wave.
- LIC has made a record ₹37,000 crore profit from share sales in 2020-21, the highest in its 65-year history.
- Rating agency Moody's stated that most rated Indian companies can manage the rupee’s depreciation due to hedge and part of earning in hard currency.
- SEBI has extended the timelines for various regulatory filings, including financial earnings in the wake of the second Covid-19 wave.
- The US economy continued to recover in the first three months of the year as businesses reopened and the government spent heavily on Covid relief for citizens.
- RBI to conduct simultaneous purchase and sale of Government securities under Open Market Operations for an aggregate amount of ₹10,000 crore each on May 06, 2021.
- China's factory activity in April expanded at the fastest pace in four months on stronger demand but concerns over surging raw materials and input costs clouded the outlook.
- US Senate has approved the first major infrastructure bill in this Congress that would authorize over $35 billion to upgrade the country’s drinking and wastewater systems.
