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Employees Put On ''Leave Without Pay'' As Air Deccan Halt Operations
April 05, 2020 19:54 ISTCEO Arun Kumar Singh said, "In view of the recent global and domestic issues and subsequent directive by the Indian regulator, Air Deccan has no choice but to cease its operations until further notice."
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Mumbai : CNG, PNG Prices To Be Reduced
April 04, 2020 17:19 ISTThe Mahanagar Gas (MGL) has decided to cut prices of compressed natural gas (CNG) and domestic piped natural gas (PNG) in the Mumbai region from April 4/5 midnight, according to an official here on Saturday.
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No TDS On Interest Income Tll June 30, Taxpayer Relieved
April 04, 2020 17:10 ISTIn yet another relief to taxpayers, the Central Board of Direct Taxes (CBDT) has extended the validity of forms 15G and 15H by three months to June 30, 2020 and prevent banks from deducting TDS on interest income of individuals.
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COVID-19 : IMF Chief Kristalina Georgieva Warns Of Recession Worse Than 2008 Global Financial Crisis
April 04, 2020 11:51 ISTInternational Monetary Fund (IMF) Managing Director Kristalina Georgieva has warned of a recession worse than the global financial crisis back in 2008.
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UN-DESA : ''Global Economy Could Shrink By 1% Due To COVID-19 Pandemic''
April 02, 2020 14:31 ISTThe global economy could shrink by 1 per cent in 2020 due to the coronavirus pandemic, and might contract even further if restrictions on economic activities were extended without adequate fiscal responses, according to the UN Department of Economic and Social Affairs (UN-DESA).
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Corona Threat : Banks To Recycle Inward Currency Notes Only After 48 Hours
April 02, 2020 13:43 ISTAs the corona pandemic turns multifaceted, concerns are arising over the use of currency notes and banks have been advised not to recycle inward currencies and do so only after 48 hours.
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COVID-19 Lockdown Made The Petrol & Deisel Sales Go Down By 17% & 26% Respectively
April 02, 2020 13:30 ISTThe country's consumption of liquefied petroleum gas or cooking gas rose 1.7 per cent in March from a year earlier to about 2.3 million tonnes, they said.
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COVID-19 Crisis May Increase Stress On Banks Across India : Report
April 02, 2020 12:08 ISTThe coronavirus crisis is likely to increase the stress on the Indian banking system with exposure to stressed industries and higher consumer loan default, said a report by Deloitte on Wednesday.
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As Mega Merger Takes Effect 4 State-Run Banks In Place Of 10 From Today
April 01, 2020 20:46 ISTTo strengthen the financial system the government's mega-merger plan came into effect on Wednesday, combining 10 state-run banks into four.
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RBI Offers More Sops To Ease Compliance Burden Amid Coronavirus Lockdown
April 01, 2020 20:46 ISTThe Reserve Bank of India has announced new measures to ease the compliance burden on sectors of the Indian economy most affected by the coronavirus scare.
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Coronavirus Lockdown : Online Delivery Platforms Affected, Users Feel Helpless
April 01, 2020 20:46 ISTA week into the nationwide lockdown and online delivery platforms like Bigbasket and Grofers are still suffering from operational issues along with lack of manpower to even fulfill the orders they accepted before the lockdown came into force from March 24th midnight.
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COVID-19 Lockdown : Reliance Jio Likely To Witness Limited Impact, Says Report
April 01, 2020 23:38 ISTReliance Jio is likely to witness limited impact due to the ongoing 21-day nationwide lockdown, according to a report by Motilal Oswal.
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P Chidambaram: Centre Decision Based On "Stupid Advice" To Slash Interest On Small Saving
April 02, 2020 01:16 ISTFormer Union Finance Minister P. Chidambaram has slammed the government for reducing the interest rates om small savings and PPF and said it may be "technically correct but it''s wrong time" a
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Donations For Coronavirus To PM-CARES Fund Made Tax-Free By Special Order
April 01, 2020 18:41 ISTThe Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund has been set up for providing relief to the persons affected by the outbreak of coronavirus.
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Market Update : Sensex, Nifty Open In Red On Wednesday
April 01, 2020 17:24 ISTThe 30-scrip Sensitive Index (Sensex) on Wednesday opened on a negative note during the morning session of the trade.
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Six Points To Know About RBI's Moratorium On EMI
March 30, 2020 13:40 ISTAmid the nationwide lockdown, the Reserve Bank of India on Friday allowed banks and other financial institutions to provide moratorium of three months to all term loan borrowers
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Market Update : Sensex Down 700 Points, Equity Indices In Red
March 30, 2020 11:59 ISTIndian stock markets opened on a negative note on Monday with the BSE Sensex trading over 700 points lower.
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Coronavirus Lockdown : UP CM Sets Up Panel For Revival Of Economy
March 27, 2020 14:51 ISTUP Chief Minister Yogi Adityanath has set up a committee to prepare a roadmap for revival of the economy in the state.
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