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Markets

India has biggest disconnect between stock rally, economic gloom

MUMBAI: Of all the countries in the world, the disconnect between rallying global stocks and deteriorating data is probably the most pronounced in India.

Banking

Japan mulls extending employment subsidy

TOKYO: Japan is considering extending a special employment subsidy to help firms hit by the coronavirus pandemic that would keep furloughed workers on the payroll, but no decision has been made yet, a labour ministry official told Reuters on Wednesday.