Browsing Category
Business News
Businesses, households adapting to lockdowns; demand dent to be lower than last year: Shaktikanta…
MUMBAI: Businesses and households are 'learning to adapt' to lockdown measures and the dent to demand will be 'moderate' as compared to countrywide shutdown of activities done last year, Reserve Bank Governor Shaktikanta Das said on…
Labour Ministry gets mandate to seek Aadhaar from beneficiaries under Social Security Code
NEW DELHI: The Ministry of Labour & Employment has now been mandated to seek the 12-digit unique identification number Aadhaar from people like employees and unorganised sector workers seeking registration, benefits, availing services…
Covid-hit 2020 saw 230 million Indians slip below minimum income threshold: Report
BENGALURU: 230 million people in India slipped below the national minimum wage threshold (Rs 375 per day as recommended by the Anoop Satpathy committee) in Covid-hit 2020, a report released by the Azim Premji University on Wednesday stated.…
Vietnam keeps anti-dumping duty on aluminium from China
Hanoi , May 5 : Vietnam on Tuesday decided to keep anti-dumping duty on aluminium from China.
The Ministry of Industry and Trade has decided to continue imposing anti-dumping duties on certain aluminium products originating from China…
RBI announces Rs 50,000 crore cheap loans for vaccine, health firms
Mumbai, May 5 (UNI) To check the devastating coronavirus that gripped the country, the Reserve Bank of India on Wednesday announced a targeted on-tap liquidity window of Rs 50,000 crore to set up Covid-related healthcare infrastructure In…
Gaming on a mountain
CHENNAI: Nanga Parbat, named for the ninth-highest mountain in the world, is a two-player game designed by Steve Finn. In this game, players take on the roles of Sherpa communities that live on and around the titular mountain you’ll hunt…
Chinese companies not allowed as India gives a go-ahead for 5G trials
New Delhi: The Department of Telecommunications (DoT) has given its permissions to the telecom service providers (TSPs) for conducting trials for use and applications of 5G technology. The applicant TSPs include Bharti Airtel Ltd., Reliance…
NMDC’s Sanjay Panjiyar set to be Director (Operations) of Hindustan Copper Ltd
New Delhi: Sanjay Panjiyar is set to be Director (Operations) of Hindustan Copper Limited (HCL). He has been selected for the post by the Public Enterprises Selection Board (PESB) panel on Tuesday. He is currently serving as Chief General…
GSL commemorates ‘Azadi ka Amrit Mahotsav’ virtually
New Delhi/Vasco: To commemorate the 75 Years of India’s Independence, GSL and other DPSUs are organising various theme-based programs in the three-month cycle, leading to August 15, 2022, i.e. 75th Independence Day. Accordingly, in the…
Rolls-Royce and HAL sign MoU for supporting MT30 Marine engine business
New Delhi: Hindustan Aeronautics Limited (HAL) and Rolls-Royce have signed an MoU to establish packaging, installation, marketing and services support for Rolls-Royce MT30 marine engines in India. Through this MoU, Rolls-Royce and HAL will…
JSW Steel USA gets toll conversion services to deliver HRC products to customers in US
Mumbai, May 4 ( UNI) Steel major, JSW Steel said that its subsidiary JSW Steel USA Ohio Inc, has signed a long-term agreement with Allegheny Technologies Inc.
The agreement is for the conversion of carbon steel slabs manufactured at JSW…
Amid COVID second wave, Odisha records highest-ever GST collection of Rs 3849 crore
BHUBANESWAR: Amid a fierce COVID-19 second wave, Odisha recorded the highest ever GST collection of Rs 3849.48 crore, including Rs 1126.67 crore of SGST in April, posting an overall growth of around 17% over the collection in March.
The…
Government appoints Rabi Sankar as next RBI deputy governor
MUMBAI: The government has appointed RBI Executive Director T Rabi Sankar as the fourth deputy governor of the central bank.
Sankar fills the vacancy created by the retirement of BP Kanungo on April 2, after completing one-year…
SpiceXpress airlifts 700 oxygen concentrators from Guangzhou to New Delhi
MUMBAI: SpiceXpress, the air cargo arm of SpiceJet, on Monday transported 700 oxygen concentrators from Guangzhou (China) to New Delhi amid acute shortage of medical oxygen in the country in the wake of massive spike in the number of…
Rs 8874 crore of disaster funds given to states in advance
NEW DELHI: The Centre on Saturday released the first instalment of the central share of the State Disaster Response Fund (SDRF) of Rs 8873.6 crore for the year 2021-22 ahead of the normal schedule. The move comes at a time when…
SBI cuts home loan interest rate to 6.7 per cent
NEW DELHI: The country’s largest lender, State Bank of India (SBI) on Saturday said it has reduced home loans rates to 6.7 per cent. With the reduction, SBI home loan interest rates now start from 6.7 per cent for loans up to Rs 30 lakhs…
As Covid hits business , Inox Leisure ties up with delivery platforms to deliver food and beverages
NEW DELHI: Multiplex major Inox Leisure has partnered with food delivery apps, including Zomato and Swiggy, to deliver its food and beverages products to customers to their homes as the pandemic continues to impact cinema operations in the…
114,64,267 MT wheat procured in 23 days from Punjab
Chandigarh, May 2 (UNI) Government agencies and private traders have procured 248,595 metric tonnes(MT) of wheat in Punjab on Sunday , ie the 23rd day of procurement.
Disclosing this here today, an official Spokesperson said that out of…
Govt permits oxygen concentrator imports via post, courier for personal use under gift category
NEW DELHI: The government has allowed imports of oxygen concentrators for personal use through post, courier or e-commerce portals under the gift category amid increasing demand for oxygen due to rising COVID-19 cases, the commerce ministry…
Govt directs steel companies to set up 10,000 oxygenated beds for COVID patients
NEW DELHI: The government has directed steel companies to set up 10,000 oxygenated beds for treating COVID-19 patients.
While 5,000 beds will be set up by the steel PSUs, another 5,000 will be established by private companies like Tata…