India’s forex reserves rise by $5.65 bn
Mumbai: India’s foreign exchange reserves rose by $5.65 billion during the week ended March 27. The overall forex reserves increased to $475.56 billion According to the RBI’s weekly statistical supplement, the overall forex reserves increased to $475.56 billion from $469.90 billion reported for the week ended March 20. India’s forex More...
GST collections dip to Rs 97,597 crore in March
New Delhi: The sluggishness in the economy for the past few months has begun reflecting in the tax collections with the Goods and Services Tax (GST) mop-up breaching the psychological Rs 1 lakh crore level to Rs More...
SBI employees pledge Rs 100 cr to PM CARES Fund
New Delhi: In the fight against COVID-19, around 2,56,000 employees of the country’s largest lender, State Bank of India (SBI), have decided to contribute two days’ salary to the Prime Minister’s More...
China’s economy could fall sharply due to COVID-19: World Bank
Washington: The World Bank has predicted that China’s economy could fall sharply in 2020 due to the coronavirus pandemic, with a growth estimate of 2.3 per cent in the baseline scenario and just 0.1 per cent More...
RIL contributes Rs 500 crore to PM CARES Fund
Mumbai: Reliance Industries (RIL), here on Monday, announced to contribute Rs 500 crore to the PM CARES Fund to help the fight against the coronavirus pandemic. The company has also contributed Rs 5 crore each to More...
NE India tea gardens facing huge losses following lockdown
Guwahati/Agartala: Over 850 big tea gardens and thousands of small gardens in the northeastern region of India specially in Assam are closed leading to huge economic loss and jeopardizing the livelihood of lakhs More...
Covid-19: IndiGo offers to ferry meds, equipment
New Delhi: Countrys largest airline by market share, IndiGo, has offered to assist the government by ferrying medicine, equipment, and other relief samples across the country. Please be assured that all our employees More...
It is clear world in recession, says IMF chief
Washington: The coronavirus has taken the world economy to a recession which will be as bad or worse than the financial meltdown of 2009, IMF chief Kristalina Georgieva said Friday. It is clear that we have entered More...
SC relaxes March 31 deadline for BS VI vehicles
New Delhi: The Supreme Court on Friday allowed the sale of BS-IV compliant vehicles for 10 days, barring NCR-Delhi, after the lifting of the 21-day nationwide lockdown announced by the Prime Minister from Tuesday More...
CII suggests 10-point action plan to boost exports
New Delhi: The Confederation of Indian Industry (CII) has suggested a 10-point action plan to provide the much needed boost to exports that has been hit hard by COVID-19 pandemic and closing of borders and restriction More...