AirAsia announces free rescheduling of bookings till May 15
New Delhi: AirAsia India has announced free rescheduling on all flights for bookings till May 15, 2021. All aircraft undergo deep cleaning and sanitation, while cabin disinfection takes place before each flight In a statement, the airline said that guests can now make unlimited changes for all bookings and changes made till May 15, irrespective of the More...
India’s WPI inflation rises to 7.39% in March
New Delhi: India’s annual rate of inflation based on wholesale prices sequentially rose to 7.39 per cent in March from a rise of 4.17 per cent in February. WPI food index rose to 5.28 per cent from 3.31 per More...
2nd Covid wave poses threat to India’s economic recovery: Moody’s
New Delhi: The second wave of infections presents a risk to Moody’s growth forecast for India as the reimposition of virus management measures will curb economic activity and could dampen market and consumer More...
RBI move boosts markets, banking stocks rise
Mumbai: India’s benchmark equity indices rose on Wednesday as the Reserve Bank decided to retain its key short-term lending rates along with the growth-oriented accommodative stance. Reserve Bank decided to More...
Equity markets’ inch up on global cues, value propositions
Mumbai: India’s key equity indices made slight gains during Tuesday’s trade session as sentiments were buoyed on the back of global cues as well as value buying opportunities. Domestically, Nifty ended More...
India attracts over $72 bn FDI in April-Jan FY21
New Delhi: India has attracted record total FDI inflow for the first ten months of a financial year in 2020-21. In terms of top investor countries, ‘Singapore’ is at the apex with 30.28 per cent of the More...
Interest rates on PPF, NSC slashed
New Delhi: A big cut in small savings schemes will deliver a blow to savers who depend on these schemes for income and social security. The interest on savings deposit will be cut from 4 per cent to 3.5 per cent More...
TDS be deducted on cash withdrawals from post office schemes
New Delhi: The Department of Posts has issued new rules for deduction of TDS if the aggregate withdrawal from all post office schemes is more than Rs 20 lakh. The provision includes withdrawals from PPF also. The More...
RBI extends restrictions on PMC Bank till June 30
Mumbai: The Reserve Bank of India (RBI) on Friday extended the restrictions on the withdrawal and deposits in the scam-hit Punjab and Maharashtra Cooperative (PMC) Bank till June 30. Given the financial condition More...
Jaypee Infra: SC extends CIRP, allows fresh bids by NBCC, Suraksha
New Delhi: The Supreme Court on Wednesday extended the timeline for the resolution of Jaypee Infratech Ltd (JIL) by another 45 days and directed the interim resolution professional to invite fresh bids from NBCC More...