Business
Bulk of additional spending to go towards people-c...
Finance Minister Nirmala Sitharaman said that the bulk of additional spending sought in the first batch of supplementary demands for grants would be utilised towards people-centric schemes to help them amid the COVID-19 pandemic. Replying in the Lok Sabha after discussion on one of the highest suppl...
Indiabulls Housing Finance launches Rs 735 crore Q...
Mortgage financier Indiabulls Housing Finance Ltd has launched a qualified institutional placement (QIP) offering to raise funds from institutional investors. According to published reports, the company is looking to raise around Rs 735 crore through QIP. The proceeds of the QIP will be used to stre...
Vodafone Idea Rebrands Itself as ‘Vi’ to Make up F...
Two years after its merger, debt-ridden telecom major Vodafone Idea on Monday announced a unified rebranding as ‘Vi’ to overcome the losses faced amid the AGR battle. With the new branding of Vodafone Idea marks the culmination of the largest telecom integration in the world and aims to bring back i...
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India to resume domestic passenger flights from Ma...
Indian Railways too has announced to commence its routine passenger train operations from June 1 with about 200 non-AC trains India will allow airlines to begin some domestic flights from May 25. NEW DELHI: The union government on Wednesday announced to restart the domestic civil operations from Mon...
RBI may extend moratorium on repayment of loans fo...
In March, RBI had allowed a three-month moratorium on payment of all term loans due between 1 March, 2020 and 31 May, 2020 RBI may extend moratorium on repayment of loans for three more months. Mumbai: With the government extending the nationwide lockdown up to May 31, the Reserve Bank of India (RBI...
India welcomes mutually benefitting collaborations...
Union Minister Piyush Goyal has said India is open to mutually benefitting collaborations with interested countries. Interacting with foreign missions in New Delhi, through video conference, the Commerce and Industry Minister welcomed the interested countries who are planning to do business with Ind...
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200 new mandis from seven states join e-NAM
Two hundred new mandis from seven states joined the e-NAM platform for marketing of agricultural produce on Friday. They include 94 mandis of Rajasthan, 27 mandis of Tamil Nadu, 25 mandis each from Uttar Pradesh and Gujarat, 16 mandis of Odisha, 11 mandis of Andhra Pradesh and two mandis of Karnatak...
CAIT to launch national e-commerce marketplace 'Bh...
Traders' body Confederation of All India Traders (CAIT) has announced to launch a national e-commerce marketplace 'Bharatmarket' soon for all retail traders in collaboration with several technology partners. In a statement, CAIT said the marketplace will integrate capabilities of various technology ...
Government hikes MSP for minor forest produce of 4...
Government has raised the minimum support price for Minor Forest Produce of 49 items in view of circumstances arising out of Covid 19. Tribal Affairs Ministry said, the increase across various items of Minor Forest Produce (MFP) ranges from 16 per cent to 66 per cent. The increase is expected to pro...
No cut in central government pensions: Govt
The Government has dismissed a news report that a twenty per cent cut in Central Government Pensions is being planned. It has termed the news as false. In a tweet, Ministry of Finance has clarified that there will be no cut in pension disbursements. The Ministry also clarified that salaries and pens...
All countries to refrain from putting restrictions...
The International Monetary Fund (IMF) on Wednesday has called on all countries to refrain from putting restrictions on exporting medical supplies in view of their massive requirement across the globe to combat the Corona virus pandemic that has killed 1,19,000 people and infected nearly two million....