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Explained: Why India’s economic growth slowed in the July-September quarter -Nachiket Deuskar

-Scroll.in The fading away of the base effect and a contraction in the manufacturing sector led to the falling numbers. India’s gross domestic product grew by 6.3% in the July-September quarter of financial year 2022-’23, the Union Ministry of Statistics and Programme Implementation said on Wednesday. This was a sharp decrease from the 13.5% growth in the previous April-June quarter. In the corresponding July-September quarter of financial year 2021-’22, the growth rate was...

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Data shows maternal mortality rate in West Bengal rise above national average -Subhajoy Roy

-The Telegraph CM Mamata Banerjee had lambasted health officials for the increasing trend of referring patients, even pregnant women, to hospitals in Kolkata West Bengal’s maternal mortality ratio is above 100 per 100,000 live births, compared with the national average of 97, according to the latest figures (2018-20) published by the Registrar General of India on Tuesday. The state’s maternal mortality ratio had dropped to 94 and 98 in the 2015-17 and 2016-18...

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Is India on track in reducing TB incidence and deaths?

Like the fight against poverty and hunger, the progress made by mankind against tuberculosis (TB) in the years up to 2019 has either slowed, stalled, or reversed, and global TB targets are off track due to the COVID-19 pandemic. Globally, although the reported number of people newly diagnosed with TB decreased from 7.1 million to 5.8 million between 2019 and 2020, the number went up to 6.4 million in 2021....

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RBI reluctant to hand out NBFC licence to fintechs -Hamsini Karthik

-The Hindu Business Line PhonePe - ZestMoney deal to set precedence for fintechs to explore backdoor entry into the lending business  Despite three months of engagement and continued discussions with the Banking regulator, fintechs may not have cracked the code yet to operate as non-Bank lenders. Highly placed sources say the Reserve Bank of India is reluctant to issue non-Bank finance company or NBFC licences to fintechs. PhonePe, Razorpay, BharatPe, Khatabook, OkCredit and...

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‘Did RBI inform govt of impact on circulation?’: SC asks govt on demonetisation -Abraham Thomas

-Hindustan Times Under the Reserve Bank of India (RBI) Act Section 26(2), a recommendation by the RBI’s Central Board precedes any decision to demonetise any series of currency notes. The Supreme Court on Friday asked the central government if the Reserve Bank of India (RBI) had informed it that demonetisation will result in the withdrawal of over 86% currency in circulation. Making a query to the Centre as part of its consideration of...

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