Economy showing signs of improvement but medium term outlook still uncertain: RBI Governor
Jul 11, 2020, at 08:35 pm
Mumbai/IBNS: RBI Governor Shakti Kanta Das has said the economy has started showing signs of improvement with the easing of over two months of strict lockdown but "a very careful trajectory" has to be followed after the pandemic is over.
CERT warns against possible phishing attack in India
Jun 26, 2020, at 08:17 pm
Kolkata/IBNS: The Indian Computer Emergency Response Team (CERT-In) has issued an advisory recently warning about a possible phishing attack by cyber criminals against people in India with the intent to steal personal data, including bank account information, using the email id - ncov2019@gov.in.
Jun 10, 2020, at 06:59 pm
Mumbai/IBNS: Parle G, the biscuit brand which has been a favourite of the masses since decades, recorded unprecedented sales during the lockdown period, said a senior company official, according to media reports.
What to expect from Centre's Rs. 20 lakh crore economic package: Report
May 13, 2020, at 03:25 pm
New Delhi/IBNS: Union Finance Minister Nirmala Sitharaman at 4 pm on Wednesday will share the details of the mega stimulus economic package worth Rs. 20 lakh crore announced by Prime Minister Narendra Modi last night.
Lockdown income-loss forces workers to lay hands on Provident Fund savings
Apr 28, 2020, at 12:07 am
Mumbai/IBNS: As many as 6,50,000 people have withdrawn money from their Employees' Provident Fund (EPF) savings to fulfill the income loss due to extended Covid-19 lockdown, said a media report.
Centre rejects report by IRSÂ officials suggesting Income Tax hike, calls it ill conceived
Apr 27, 2020, at 12:01 am
New Delhi/ IBNS: The Centre has rejected a report prepared by a group of IRS officers that suggested a 40 per cent hike in the income tax rate, a 4 per cent Covid-19 relief cess and imposing a super-rich tax, finance ministry officials have said, reported media.
Apr 26, 2020, at 11:35 pm
New Delhi/IBNS: Union minister Nitin Gadkari has said Indian manufacturers can take advantage of the current anti-Chinese sentiments by manufacturing items for which India is largely dependent on Chinese imports, media reports said.
Apr 16, 2020, at 08:41 pm
New Delhi/ IBNS: Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman met on Thursday to discuss the much-awaited financial package to mitigate the negative impact of COVID-19, said media reports.
SBI waives ATM transaction charges
Apr 16, 2020, at 05:10 pm
Mumbai/IBNS: India's largest bank State Bank of India (SBI) has waived charges for its customers on all transactions made on SBI ATMs and other bank ATMs, after exceeding free transactions, till June 30.
Indian exports and imports nosedive in March
Apr 16, 2020, at 12:43 am
New Delhi/ IBNS: Indian exports and imports declined by record volumes in March, as countries across the world sealed their borders to fight the COVID-19 outbreak.
Income Tax Dept issues 10.2 lakh refunds worth Rs 4,250 crores in one week
Apr 15, 2020, at 11:00 pm
New Delhi/IBNS: The Income Tax department has released 10.2 lakh refunds worth Rs 4,250 crores in a week's time, the Central Board of Direct Taxes (CBDT) said on Wednesday.
Raghuram Rajan ready to help India as country stares at post-COVID-19 economic crisis
Apr 11, 2020, at 02:19 pm
New Delhi/IBNS: Days after giving suggestions to the Narendra Modi government on how to tackle the post-Coronavirus economic situation, former Reserve Bank of India (RBI) governor Raghuram Rajan said he was ready to help India as the vast country of 1.3 billion people is staring at a financial crisis once the threat of COVID-19 retreats.
Centre released Rs 15,841 crore under PM KISAN in the lockdown period
Apr 10, 2020, at 09:29 pm
New Delhi/IBNS: The Centre has released the first installment of Rs 15,841 crore under the PM KISAN scheme during the lockdown period, the Agriculture Ministry said in a statement on Friday.
Greatest emergency since Independence: Former RBI Governor Raghuram Rajan over COVID-19 situation
Apr 06, 2020, at 04:15 pm
New Delhi/IBNS: Advising the Indian government to spend more on poor to manage the crisis caused by the Novel Coronavirus, former Reserve Bank of India (RBI) governor Raghuram Rajan has said the pandemic virus is the "greatest emergency since Independence".
Apr 02, 2020, at 06:11 pm
Mumbai/IBNS: Piramal Group, an Indian business conglomerate with a global footprint, has pledged Rs 25 crores towards the Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund (PM Cares Fund) to aid the fight against Covid-19.
COVID-19: Tata Trusts up their commitment by Rs 1000 crore
Mar 28, 2020, at 10:18 pm
Mumbai/IBNS: Hours after announcing a contribution of Rs 500 crore towards tackling the COVID-19 situation in India, Tata Trusts on Saturday increased their commitment to the cause with an additional Rs 1000 crore.
COVID-19: FM Sitharaman announces mega package for health workers, farmers, poor people
Mar 26, 2020, at 03:07 pm
New Delhi/IBNS: Union Finance Minister Nirmala Sitharaman on Thursday came out with a mega package of Rs. 1,70,000 crore under "Pradhan Mantri Gareeb Kalyan Scheme" to support health workers, poor people, farmers, women and other marginalised sectors as the country is in lockdown mode to combat COVID-19.
COVID-19: FM Sitharaman announces Rs. 50 lakh as insurance for health workersÂ
Mar 26, 2020, at 01:33 pm
New Delhi/IBNS: Union Finance Minister Nirmala Sitharaman on Thursday announced an insurance of Rs. 50 lakh for three months to all health workers who are treating COVID-19 patients.
Stimulus package to arrest economic downturn likely: Report
Mar 25, 2020, at 05:39 pm
New Delhi/ IBNS: The government is mulling a package of Rs 1.5 lakh crore to stimulate the economy of India which is currently under lockdown due to coronavirus outbreak, a Reuters report said.
Coronavirus: Govt announces financial relief for common man, businessmen
Mar 24, 2020, at 07:35 pm
New Delhi/UNI: In view of the situation arising out of Coronavirus spread, the government on Tuesday announced a variety of exemptions to the general public and businessmen related to income tax returns and last date of compliance among others.
Sensex, NIFTY tank amid Coronavirus crisis
Mar 23, 2020, at 12:27 pm
Mumbai/IBNS: The Indian stock market is continuing to bleed as Sensex crashed by over 3,500 points on Monday.
Stock market: Trading halted after Sensex, NIFTY crash over Coronavirus scare
Mar 23, 2020, at 10:43 am
Mumbai/IBNS: The trading in Dalal Street was halted after BSE Sensex and NIFTY crashed in the opening hour amid the scare over Novel Coronavirus which has kept the world on edge.
Sensex continues to crash amid Coronavirus scare, down by over 1,500 points
Mar 19, 2020, at 10:51 am
Mumbai/IBNS: The bloodbath in the Indian stock market amid Novel Coronavirus scare continued even on Thursday with Sensex plummeting by over 1,500 points.
Sensex tanks over 1,700 points amid Coronavirus scare
Mar 18, 2020, at 04:41 pm
Mumbai/IBNS: The Indian stock market continued to bleed even on Wednesday with BSE Sensex going down by over 1,700 points amid the Novel Coronavirus scare.
Sensex, NIFTY bleed amid Coronavirus scare
Mar 16, 2020, at 04:25 pm
Mumbai/IBNS: Amid the outbreak of the deadly Coronavirus, the Indian stock market on Monday witnessed another day of bloodbath with Sensex going down by close to 3,000 points.
Bloodbath in Indian market as Sensex tanks 1,942 points, NIFTY down by 538 points
Mar 09, 2020, at 04:44 pm
Mumbai/IBNS/UNI: Amid the novel Coronavirus scare, crisis in Yes Bank and the downfall in the global market, the stock market in India witnessed a bloodbath with the fall of 1,942 points on Monday.