1. Business & Economy

Business & Economy

Business & Economy

No GST exemption to help businesses fight Covid-19 disruptions

May 23, 2020 New Delhi:  The Finance Ministry has ruled out GST waiver or deference to businesses as part of the economic relief package to help them cope with the situation arising in the wake…

Business & Economy

Chidambaram slams govt, asks why RBI is infusing liquidity

May 23, 2020 New Delhi: Former Union Finance Minister and senior Congress leader P. Chidambaram, on Saturday, slammed the central government and questioned why the Reserve Bank of India (RBI) is infusing more liquidity as…

Business & Economy

Mitigating Covid woes: RBI cuts lending rates, extends moratorium

May 22, 2020 Mumbai: To mitigate the combined impact of demand compression and supply-side disruption on account of Covid-19 pandemic from depressing economic activity, the Reserve Bank on Friday reduced lending rates and extended the…

Business & Economy

Giving free debt will hurt India: Oxford prof on COVID-19 bailout

May 19, 2020 New Delhi:  The Indian governments plan is effectively to make free debt available to companies which is not a good idea, said University of Oxford Professor and Masters Union Master, Karthik Ramanna…

Business & Economy

Retailers upset over no govt support, warn of business closures

May 17, 2020 New Delhi:  Finance Minister Nirmala Sitharaman may have announced all relief and reform measures as part of the Rs 20 lakh crore economic package to tide over the coronavirus crisis, but a…

State borrowing ceiling raised to provide more resources for corona fight

May 17, 2020 New Delhi: The government has decided to provide more money in the hands of state governments to help them in their fight against coronavirus and resurrect the faltering economic activity. Accordingly, Finance…

Stimulus-cum-Reform: More MGNREGS days, mega privatisation drive announced

May 17, 2020 New Delhi: To mitigate the economic fallout of COVID-19 outbreak, Finance Minister Nirmala Sitharaman on Sunday announced a mega stimulus push for education, health and rural employment along with a roadmap for…

Business & Economy

Rs 20 lakh package but no immediate relief yet for migrant workers

By Shivaji Sarkar May 16, 2020 New Dehi: The devastation caused by pandemic ensued lockdown may take ten long years to recover and the world economy may continue to be in severe crisis till 2030,…

Lava to shift production from China to India, to invest Rs 800 crore

May 16, 2020 New Delhi:  In an impetus to Prime Minister Narendra Modis Local ke liye Vocal call, domestic brand Lava on Saturday announced to shift its entire mobile R&D, design and manufacturing for the…

Business & Economy

25k registered for repatriation in Saudi reported job loss

May 15, 2020 Hyderabad: About 35 per cent of the 72,000 Indians who have registered with the Indian Embassy in Saudi Arabia for repatriation reported job loss either for short term or long term due…

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