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THE ECONOMIC TIMESDaily Newsletter
Thu, Jun 11, 2020 | 05:19 PM IST
#Coronavirus#EconomyTracker#Whatsbuzzing
Top stories of the day
PSUs get relief, telcos a date at AGR hearing PSUs get relief, telcos a date at AGR hearing
Vodafone Idea has claimed inability to pay the dues due to its precarious financial state....
GST Council to take stock of revenue situation tomorrow
Passenger vehicle sales decline 87% in May: FADA
Lockdown may delay 1st trial flight of Gaganyaan
Disclose environmental impact report, investors ask companies
RBI Governor meets heads of rating agencies, seeks their input on the economy
NCLT allows changes in payment schedule to the successful bidder
Traveling in a pandemic: The dilemma is real
Debate This
Will economic patriotism lead to India's undoing?
The government seems to have decided that the best way to salvage the sinking ship is to look inwards. There are calls within the government for the boycott of global products, especially Chinese. But is it possible to shut the world out without first strengthening our own supply chains? India doesn't yet have the concrete channels needed to substitute imported products with home-grown ones. So, there are chances that taking 'vocal for local' too seriously might just backfire on the country of 1.3 billion.

Top Gainers

NSE
1 company (largecap) appreciated more than 3%
IndusInd Bank 4.71%
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Top Losers

NSE
5 companies (largecap) price decreased more than -5%
Bharti Infratel -9.41%
Zee Ent. -7.30%
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NIRF rankings: IIT Madras, IISc Bangalore bag top positions
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Even with $500 billion warchest, RBI won't let rupee climb
Anger grows against Modi among workers hit hardest by lockdown
Indian IT firms' digital revenue crosses $50 billion
Pandemic-hit Lufthansa says 22,000 jobs to go
Ford recalls about 2.5M vehicles for latch, brake troubles
Bad bank idea finds little support from RBI, govt
Advertisers resume spending on ad campaigns to lure buyers
Petrol, diesel prices hiked for 5th straight day
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