India bans exports of onion seeds
New Delhi: In a bid to provide onions at an affordable price, the Centre has prohibited the export of onion seeds, with immediate effect. The export of onion seeds is prohibited, with immediate effect “The export of onion seeds is prohibited, with immediate effect. The provisions under ‘Transitional Arrangement’ shall not be applicable More...
NTPC ties up 50 bn yen funding under JBIC’s GREEN initiative
New Delhi: In the first funding for NTPC Ltd under Japan Bank for International Co-operation (JBIC)’s GREEN or Global Action for Reconciling Economic growth and Environment preservation initiative, India’s More...
GoAir probe finds senior executive guilty of sexual harassment
New Delhi: An internal inquiry committee of GoAir has found a senior executive guilty of sexual harassment, sources said. Complaint was received from a female employees from the corporate communications and public More...
RBI notifies interest waiver scheme: Directs banks, NBFCs to comply
New Delhi: The Reserve Bank of India (RBI) has notified the Centre’s scheme for ex-gratia payment of difference between interest on loans of up to Rs 2 crore in a bid to provide amid the pandemic. The scheme More...
Centre extends deadline of filing tax returns to Dec 31
New Delhi: In a major relief to taxpayers, the Government on Saturday announced extension of the due date for filing income tax returns for the assessment 2020-21 by another month to December 31, 2020. The earlier More...
India’s foreign exchange reserves rises by $3.615 bn
Mumbai: India’s foreign exchange reserves rose $3.615 billion during the week ended October 16. Similarly, the value of the country’s gold reserves increased, by $86 million to $36.685 billion According More...
Kotak cuts interest rate on home loans by 10 bps
Mumbai: Kotak Mahindra Bank (Kotak) on Thursday announced that it has reduced its rate on home loans by a further 10 basis points (bps) to 6.9 per cent per annum. The new rate will be effective from from October More...
Centre relaxes onion import norms, releases buffer stock
New Delhi: Concerned over the rising price of onions, the Centre on Wednesday relaxed the norms for import of onions while deciding to release the crop from the buffer stock in a calibrated manner. An estimated More...
India at the doorstep of revival: RBI Governor
New Delhi: Reserve Bank of India (RBI) Governor Shaktikanta Das said on Wednesday that India is at the doorstep of a revival process from the ongoing pandemic. Fiscal measures taken by the government to deal with More...
Government may sweeten deal further for Air India sale bid
New Delhi: The government may further extend the date for submission of bids for Air India sale date beyond October 30 to give investors more time to make an offer while sweetening the deal terms further, finance More...