1. Business & Economy

Business & Economy

Govt notifies Yes Bank reconstruction scheme, bank to resume operations next week

March 14, 2020 New Delhi: The government on Saturday notified the scheme of reconstruction for cash-strapped Yes Bank Ltd, paving the way for the lender to resume full operations. The private sector bank has been…

Petrol, diesel price may rise as duty hiked by Rs 3/l over global prices

March 14, 2020 New Delhi: The Government has taken the bait provided by unusually low global oil prices to raise excise duty on petrol and diesel to raise revenue that has been severely impacted by…

Business & Economy

Sensex plunges over 1,700 points, Nifty below 10,000, Dow over 1400

March 12, 2020 Mumbai, March 12 (IANS) The BSE Sensex plummeted over 1,700 points on Thursday tracking similar cues in the global markets after the World Health Organization (WHO) declared coronavirus as a global pandemic.…

Coronavirus scar makes Emirates offer flexi bookings

March 7, 2020 Bengaluru: Global aviation giant Emirates on Saturday offered flexible booking options for flyers, following coronavirus forcing their itineraries go haywire. “We want our customers to feel fully supported, comfortable and confident when making…

Business & Economy

Yes Bank crisis: Concern over Jagannath Temple’s Rs 592cr fund

Bhubaneswar, March 6 (IANS) The opposition parties and servitors of Jagannath Temple in Odisha on Friday came down heavily on the Naveen Patnaik-led state government for parking over Rs 592 crore belonging to Temple in…

Kerala registers highest growth rate in domestic, total tourist arrivals since 1996

March 6, 2020 Thiruvananthapuram: Recording the highest growth rate in domestic and total tourist arrivals in 24 years, Kerala attracted around 1.96 crore domestic and foreign visitors in 2019, registering a healthy growth of 17.2…

Yes Bank being monitored since 2017, RBI will probe wrong-doings: FM

March 6, 2020 New Delhi: Finance Minister Nirmala Sitharaman on Friday said the government has asked the Reserve Bank of India to look into wrongs at the Yes Bank and assign individual responsibilities. The bank…

Business & Economy

Yes Bank crisis: Father tense over money deposited for son’s education

by Mohammad Shafeeq March 6, 2020 Hyderabad: Planning for his son’s higher education, Peddi Srinivas deposited money in Yes Bank but with the bank in crisis, he is worried over the impact it may have…

RBI caps withdrawal from Yes Bank at Rs 50,000

March , 2020 New Delhi: The Reserve Bank of India on Thursday capped withdrawal from Yes Bank at Rs 50,000 and announced it had superseded the Yes Bank Board of Directors for 30 days and…

Cabinet approves 100% FDI by NRIs in Air India to push privatisation

March 4, 2020 New Delhi: In a bid to push privatisation of Air India, the Union Cabinet on Wednesday cleared a proposal for 100 per cent FDI in the sale-bound airline by NRIs. The investment…

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