Daily News Monitor: 1 September 2020

HEADLINES:

1. First economic contraction in 4 decades: India GDP shrinks 23.9% in Q1FY21

2. Adani Group acquires 74 per cent stake in Mumbai International Airport

3. India making a lot of regional investment, but needs to do more: Jaishankar

4. RBI announces steps to ease pressure on liquidity

5. 7 states, 1 UT oppose Centre’s proposal of borrowing to meet GST compensation shortfall

6. India to blacklist green firms, promoters feigning covid as exit excuse

7. Jobs app for Indian workers gets $8 million from investors

8. Japan to extend emergency loan of 50 billion yen for India to fight Covid-19

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