Business
Industry bodies support PM Modi for extending nati...
Industry body FICCI and ASSOCHAM have supported Prime Minister Narendra Modi for extending the nationwide lockdown till 3rd May for saving each and every people from the unprecedented pandemic, COVID-19. In a statement, FICCI said, Indian industry will comply with all the directions given by the Pri...
IMF projects India's growth rate at 1.9% in 2020, ...
The IMF on Tuesday projected a GDP growth of 1.9 per cent for India in 2020, as the global economy hits the worst recession since the Great Depression in the 1930s due to the raging coronavirus pandemic that has nearly stalled all economic activities across the world. With this subdued forecast, Ind...
e-NAM completes four years of implementation
The pan-India Agriculture trading portal e-NAM completes four years of implementation on April 14. On this occasion, Agriculture Minister Narendra Singh Tomar said that e-NAM helped in realising the vision of One Nation One Market for agri produce. Union Ministeralso said that e-NAM is being expande...
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Sensex tumbles over 600 pts; Nifty drops below 9,0...
Equity benchmark Sensex dropped over 600 points in opening trade on Monday tracking losses in index-heavyweights amid weak cues from global markets. Investors were also cautious as crude prices surged after top oil-producing nations agreed on output cuts to shore up oil prices. After hitting a low o...
Finance Ministry extends deadline for mandatory mi...
Finance Ministry has extended the deadline for mandatory minimum deposit in Public Provident Fund (PPF) and Sukanya Samriddhi Account (SSA) for 2019-20 by three months up to June 30 in view of the lockdown due to coronavirus outbreak. The Finance Ministry in a tweet said that relaxation will be appl...
Commerce Ministry takes several measures to addres...
Commerce Ministry has taken several measures to address hardships faced by exporters due to COVID-19 pandemic. The ministry said that it has provided several relaxation and extensions of various compliance deadlines to address Corona pandemic related hardships of exporters. The steps include extensi...
#IndiaFightsCorona: Govt. exempts basic customs du...
Government has granted exemption from Basic Customs Duty and Health cess, on the import of Ventilators, Face masks, surgical Masks, Personal protection equipment and Covid-19 test kits. The Finance Ministry has said that this basic customs duty exemption will be available upto the 30th September thi...
Sensex rallies over 1,265 points; Nifty reclaims 9...
Equity benchmark Sensex rallied over 1,265 points on Thursday, led by robust buying in auto, financial and IT stocks amid hopes of a second stimulus package from the government to mitigate the blow of the Covid-19 lockdown. After hitting a high of 31,225.20 during the day, the 30-share BSE barometer...
Govt to deposit Rs 1,000 in women PMJDY accounts i...
Urging people not to believe rumours, the finance ministry on Thursday said Rs 500 has been deposited in each PMJDY account held by women for April and Rs 1,000 more will be given over the next two months in equal instalments. Meanwhile, state-owned SBI, which has the highest number of PMJDY account...
Jeff Bezos tops Forbes billionaires list, ex-wife ...
In COVID-19 times, Amazon Founder and CEO Jeff Bezos has maintained his top slot as worlds richest man with a net worth of $113 billion, followed by Bill Gates at $98 billion, according to the latest Forbes 34th annual worlds billionaires list. Bernard Arnault, Chairman and CEO of luxury magnate LVM...
Sensex rallies over 900 points; Nifty reclaims 9,0...
Equity benchmark Sensex soared over 900 points in opening trade on Thursday led by gains in financial, IT and FMCG stocks following rise global equities on hopes of the COVID-19 pandemic approaching its peak. After hitting a high of 30,847.10, the 30-share BSE barometer was trading 925.67 points or ...