Nirmala Sitharaman India city Mumbai covid-19 economy Government Nirmala Sitharaman India city Mumbai

NBFCs disappointed by stimulus package details, write to FM Sitharaman

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In a letter sent to FM on Wednesday, FIDC, the representative body of NBFCs, has sought changes to the three liquidity schemes - ₹30,000 crore liquidity support scheme, ₹45,000 crore partial credit guarantee scheme and ₹3 lakh crore guaranteed loans for MSMEs MUMBAI : Disappointed by the details of the special liquidity schemes announced by the Finance Minister Nirmala Sitharaman as part of the ₹20,000 crore economic package, non-banking finance companies have written to the FM requesting to rework the contours of the schemes.

In a letter sent to FM on Wednesday, Finance Industry Development Council, the representative body of NBFCs, has sought changes to the three liquidity schemes - ₹30,000 crore liquidity support scheme, ₹45,000 crore

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Olympic officials suggest Russian skater’s entourage should be probed for failed drug test
Olympic officials on Saturday said they would welcome an anti-doping investigation into the Russian doctors, coaches and family members in the entourage of gold medal winning teenage skater Kamila Valieva.Valieva’s future at the Beijing Olympics hangs in the balance after the stunning revelation she had tested positive for a banned substance before winning the team event on Monday, but that the positive drug test report took more than six weeks to be made public.Fans of figure skating, athletes and anti-doping advocates have expressed outrage over a teenager being dragged into the center of an Olympic doping controversy with a positive test for an angina drug. Many have questioned the role of the adults around the 15-year-old skater.On Saturday, International Olympics Committee spokesman Mark Adams said: “Entourage has been overlooked in the past.” Beijing Olympics: Russian skater’s failed drug test confirmed, setting up fight with IOC The delay in Valieva receiving her positive drug test result also loomed large on Saturday as Olympic and anti-doping officials sought to reinstate her ban.Valieva was suspended by the Russian anti-doping body after the positive test report, but the suspension was lifted a day later after she appealed, allowing her to continue to compete.
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