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Top headlines: Govt puts on hold DA hike, Fitch cuts India growth forecast

Business Standard brings to you the top headlines of the day

reserve bank of india
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reserve bank of india

BS Web Team New Delhi
The government has put on hold the increase in dearness allowance for its 4.8 million employees and 6.5 million pensioners at 17 per cent till July 1, 2021. The Reserve Bank of India (RBI) will sell Rs 10,000 crore worth of short-term bonds, and buy an equivalent amount in long term bonds. The latest changes to the FDI came into effect from Thursday midnight. We bring to you top evets of the day that made it to the headlines

1. Covid-19 impact: Govt puts on hold DA hike for employees, pensioners
The government has put on hold the increase in dearness

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