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Rajya Sabha elections 2020 across eight states will be held today. Catch LIVE updates on the latest news
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Taking note of the border skirmish that resulted in the martyrdom of our brave jawans, the IPL Governing Council has convened a meeting next week to review IPL’s various sponsorship deals
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Wall Street is rallying in early trading Friday, putting the S&P 500 on pace to close out a winning week after encouraging reports raised hopes for a coming economic recovery.
The S&P 500 was up 1.1 per cent, following up on similar gains in European markets and more modest ones across Asia. Treasury yields also rose in a signal of improved optimism.
The gains were widepsread, with some 90 per cent of stocks in the S&P 500 higher, led by energy companies. The Dow Jones Industrial Average was up 272 points, or 1.1 per cent, at 26,346, as of 9:51 am.
Eastern time, and the Nasdaq composite was up 1.1 per cent.
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The finance ministry on Friday said public sector banks have disbursed Rs 21,028.55 crore under the Rs 3-trillion Emergency Credit Line Guarantee Scheme (ECLGS) for the MSME sector reeling under stress due to the coronavirus-induced lockdown.
Public sector lenders have sanctioned loans worth Rs 40,416 crore under the 100 per cent ECLGS for the micro, small and medium enterprises (MSMEs), starting June 1.
The scheme is the biggest fiscal component of the Rs 20-trillion 'Self-Reliant India Mission' package announced by Finance Minister Nirmala Sitharaman last month.
"As of 18 June 2020, #PSBs have sanctioned loans worth Rs 40,416 crore under the 100% Emergency Credit Line Guarantee Scheme, out of which Rs 21,028.55 crore has already been disbursed," Sitharaman said in a tweet.
Topics :CoronavirusToday NewsIndia China tensionLadakh standofftop news of the day
First Published: Jun 19 2020 | 7:12 AM IST