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Video Player Close BRASILIA, March 1 (Xinhua) -- Brazilian financial analysts maintained their 2021 economic growth forecast at 3.29 percent of expansion in gross domestic product (GDP), after several weeks of decline, while keeping the estimate at 2.5 percent for 2022, the Central Bank of Brazil reported on Monday. According to the bank's weekly survey of the country's top financial institutions, analysts also increased estimated inflation in 2021 from 3.82 percent to 3.87 percent and from 3.49 percent to 3.5 percent in 2022. The forecasts fall within the government's target goal of 3.75 percent in 2021 and 3.5 percent in 2022, with a 1.5-percent margin of tolerance. Regarding the benchmark interest rate, currently at 2 percent annually, the forecast remained at 4 percent by the end of 2021 and 5 percent by the end of next year. For the Brazilian currency, which is now 5.6 reals against 1 U.S. dollar, analysts estimated 5.1 reals at the end of 2021 and 5.03 reals at the ... » Learn More about Brazil’s financial market maintains economic growth forecast at 3.29 pct in 2021

India's total number of active COVID-19 cases has reached 1,64,511, which comprises 1.48 per cent of the country's total infections, the Union health ministry said on Sunday highlighting six states that have shown a surge in new cases in a span of 24 hours. IMAGE: A medic collects swab sample of a man for COVID-19 test at Civil Hospital, amid concern over surge in COVID-19 cases, in Amritsar, on Saturday. Photograph: PTI Photo It said 86.37 per cent of the new cases are from Maharashtra, Kerala, Punjab, Karnataka, Tamil Nadu and Gujarat. A total of 16,752 new COVID-19 cases were registered in a span of 24 hours. Maharashtra continues to report the highest daily new cases at 8,623, followed by Kerala with 3,792 cases while Punjab reported 593 fresh COVID-19 cases. Eight states are displaying an upward trajectory in the daily new cases, the ministry said. 'The Centre has been engaging with states and union territories exhibiting higher active number of cases and those ... » Learn More about 6 states showing surge in Covid cases: Centre

The United States, the United Nations and the European Union have welcomed the announcement by the militaries of India and Pakistan to strictly observe all agreements on ceasefire along the Line of Control (LoC) in Jammu and Kashmir and other sectors, and hoped that it would lead to greater peace and stability in South Asia. In a significant move to ease tension, India and Pakistan on Thursday said they have agreed to strictly observe all agreements on the ceasefire along the Line of Control (LoC) and other sectors. Reacting to the development, the US said it viewed the ceasefire agreement as a positive step towards greater peace and stability in South Asia. White House Press Secretary Jen Psaki said that the President Joe Biden administration remains closely engaged with a range of leaders and officials in the region, including those in Pakistan. "The United States welcomes the joint statement between India and Pakistan that the two countries have agreed to maintain ... » Learn More about US, UN, EU welcome India-Pak ceasefire agreement

'How long will it take to get my refund credited to my account?' Illustration: Dominic Xavier/ Rediff.com Anil Rego , CEO, Right Horizons, answers your personal income tax queries: Diwakar Kulkarni : I am a retired govt servant (retired in 2018) and earn income from pension, annuity, income from one house property and interst+some misc. dividend from shares. My total income is @15.00 lakhs per annum. I file ITR 1 online on my own since several years. I had invested about Rs. 35 lakhs in MFs and stocks which I have not redeemed till date. How much can I redeem from MFs without going to IT consultant/CA? Anil Rego : For MF redemptions one need not consider to consult a CA irrespective of value, rather you need to consult a financial advisor to check whether it is a good time to redeem. (except where you are subject to tax audit, which is unlikely). You need to check on tax implications and exit load before redeeming. If you are having equity MF, ... » Learn More about Ask Anil: Your Tax Queries Answered

India's pace spearhead Mohammed Shami has opened up about the knee injury he suffered in 2015 and the speculation thereafter that his career was coming to an abrupt end. Earlier this year, Shami had revealed that he had played in the 2015 World Cup in Australia and New Zealand with a fractured knee. He was the second highest wicket-taker for India (17 wickets from 7 matches) behind Umesh Yadav (18 wickets) and the fourth-highest overall in the tournament. "In 2015 and even back in 2018 when I faced an injury, the media said that my career would be over. The media reported that even if I come back, I won't be the same Shami, and I agree that I am not the same that I was a few years back," said the Indian pacer while speaking on Amstrad InsideSport Face 2 Face cricket series. "And that's the only correct thing that they have said. This comment motivated me a lot to do better in the game for which I am known," he added. The right-arm pacer, who is currently playing for ... » Learn More about Mohammed Shami finally breaks silence on 2015 knee injury, retirement talks

BEIJING: China 's rare earths, a group of 17 minerals used in military equipment and consumer electronics, are being undersold due to "vicious competition" domestically and face low resource utilisation, the country's industry minister said on Monday. Prices for some rare earths in China, such as praseodymium-neodymium (PrNd) - used in rare earth magnets - have spiked to multi-year highs this year amid strong demand from the electric vehicle sector. However, prices for other rare earths mined simultaneously, such as cerium and lanthanum , used in catalysts for oil refining, remain depressed due to abundant supply. "Our rare earths did not sell at the 'rare' price but sold at the 'earth' price... because of competitive bidding, which wasted the precious resource," Minister of Industry and Information Technology Xiao Yaqing said during a news briefing. A heavy reliance on China, the world's top producer of rare earths, has led the United States to order a review of its ... » Learn More about China says domestic competition hurting rare earth prices

HMSI ) on Monday posted 31% growth in domestic sales to 411,578 units in February 2021 as compared to 315,285 units sold last year. HMSI’s exports grew 16% to 31,118 units with its BS-VI models' exports gaining momentum in new overseas markets as well, the company said in a statement. Total sales were up by 29% to 442,696 units in the period under review compared to 342,021 units sold last year. Talking about February sales, Yadvinder Singh Guleria, Director – Sales & Marketing, Honda Motorcycle & Scooter India Pvt. Ltd. said, “While the industry growth is expected to hover near the double digits in Q4 and upcoming Q1 due to the low base of BSVI transition, Honda continues to drive the 2Wheeler demand recovery for 2nd straight month of 2021." He further added, "Backed by robust demand for our models across both Red Wing and Silver Wing (300cc+ premium motorcycles ), Honda’s sales have surged 31% in February’21." The two-wheeler manufacturer expects to maintain ... » Learn More about Honda 2Wheeler domestic sales increase 31% to 411,578 units in Feb

Video Player Close BEIJING, March 1 (Xinhua) -- China firmly opposes any country creating tension and increasing its military presence in the South China Sea under the pretext of "freedom of navigation," said the Ministry of National Defense on Monday. The ministry made the remarks when asked to comment on the French Navy's recent dispatch of warships on a "freedom of navigation" mission in the South China Sea and the British Navy's upcoming operation in the region. At present, the situation in the South China Sea is generally stable, and regional countries are working to build the South China Sea into a sea of peace, friendship and cooperation, said the ministry. The ministry said China's will and determination to maintain peace and stability in the South China Sea are rock solid, adding that China firmly opposes any country interfering in regional affairs under the pretext of "freedom of navigation" and damaging the common interests of regional countries. The ministry ... » Learn More about China firmly opposes any country increasing military presence in South China Sea

10 times Bigg Boss 14 winner Rubina Dilaik impressed us with her style game inside the house. IMAGE: When Rubina Dilaik stepped into the Bigg Boss house with husband Abhinav Shukla, she made sure she caught everyone's attention in a sexy midnight blue flowing gown. Sporting blue eye-make up and matching nail colour, she flaunted her toned legs in the high-slit gown. Giving her company, was Abhinav who looked dapper in a white skirt, paired with black trousers and a slim tie. Photographs: Kind courtesy Rubina Dilaik and Bigg Boss /Instagram IMAGE: She won hearts with her incredible style and that 1000 W smile. Seen here wearing a ruffled lilac top with purple pants. She completed the look with bold lips and statement earrings. IMAGE: Come what may, Rubina had her fashion game always on point in the house. Purple seemed to be her favourite lip colour, and she loved tying her hair in a high-knot. IMAGE: Looking gorgeous in a pastel ... » Learn More about Rubina Dilaik’s Top 10 Bigg Boss looks

The health literacy level of Shanghai residents grew for the 13th consecutive year to reach 35.57 percent in 2020, five times higher than the level in 2008, when the annual survey was first conducted in the city, the Shanghai Municipal Center for Health Promotion said on Monday. According to the annual monitoring data by the center which was released on Monday, this is the highest health literacy level in the city's history. The data, which was derived from surveys that polled more than 30,000 permanent Shanghai residents aged between 15 and 69, noted that residents' awareness of contagions and their ability to protect themselves improved significantly last year. The data also showed that 48 percent of the residents had acquired the correct methods to deal with coughing and sneezing, a rise of nearly 12 percent year-on-year. Authorities said that the number of individuals who chose to cover their mouths and noses with hands directly when coughing and sneezing decreased by nearly ... » Learn More about Healthy literacy of Shanghai residents hits a record high