Business
FinMin Allows States to Borrow Rs 3.20 Lakh Crore From Market to Deal With COVID-19 Pandemic
The move comes amid states' demand for higher funds from the Centre to meet the expenses in dealing with COVID-19 pandemic.
India Takes US to WTO's Safeguard Committee for Hiking Duties on Steel, Aluminium Derivatives
In April 2018, India had requested consultations with the US with respect to tariff increase on aluminum and steel imports imposed by the US through a presidential proclamation issued on 8 March 2018.
Investor Wealth Jumps Rs 4.65 Crore in Morning Trade as Markets Recover
The Sensex gained 1,439.12 points to a high of 29,030.07 after resuming trading on Tuesday.
Wipro, Azim Premji Foundation Commit Rs 1,125 Cr to Tackle Covid-19 Crisis
Of the Rs 1,125 crore, Wipro Ltd's commitment is Rs 100 crore, Wipro Enterprises Ltd's is Rs 25 crore, and that of the Azim Premji Foundation is Rs 1,000 crore, it added.
Foreign Trade Policy Extended for One Year till March 2021 Amid Coronavirus Outbreak
Exports during April-February this fiscal dipped by 1.5 per cent to USD 292.91 billion. Imports during the period declined by 7.30 per cent to USD 436 billion, leaving a trade deficit of USD 143.12 billion.
Eight Core Sectors Growth Rise 5.5% in February, Highest in 11 Months
The eight core sector industries -- coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity -- had expanded by 2.2% in February last year.
Coronavirus Outbreak: Reliance Industries Announces Host of Initiatives to Fight COVID-19
The Mukesh Ambani-led company today announced it would be donating Rs 500 crore to the PM Cares fund to support the country's fight against the deadly virus.
Gautam Adani Gives Rs 100 Crore to PM-CARES Fund to Fight Coronavirus
Adani joins Tata Group, Reliance Industries and other corporates who have come forward to make contribution to fight the unprecedented crisis.
Coronavirus Outbreak: EPFO Asks Field Offices to Credit Pension by March 30
The Employees' Provident Fund Organisation (EPFO) makes payment of pension on the last working day of every month under the Employees' Pension Scheme, 1995 (EPS).
NTPC Signs Share Purchase Pacts to Acquire Govt Stakes in THDCIL, NEEPCO for Rs 11,500 Crore
It also added that the total stake for which the pact was signed, including nominees, represents 100 per cent of the total paid-up share capital of NEEPCO.
Financial Package Will Go a Long Way in Ensuring Food, Livelihood Security of Poor: PM Modi
PM Modi said the Pradhan Mantri Garib Kalyan Package will go a long way in ensuring their food and livelihood security.
Days after Teary-eyed TV Appearance, US Investor Bill Ackman Makes $2.6 Billion in Bet against Market
He bought 'credit protection on various global investment-grade and high-yield credit indices', which resulted in the high returns. This month, Pershing Square paid $27m for credit protection.
Binance Charity Launches ‘Crypto against COVID’ Campaign to Raise $5 Mn Funds for Coronavirus Pandemic
The collected funds will be used to buy medical supplies for the Coronavirus-hit nations, including Italy, Germany, Spain, South Korea, Iran, Turkey, US, and the UK.
G20 Countries Will Likely Suffer a Recession This Year Due to Coronavirus, Says Moody's
China however, despite suffering an outbreak of the novel coronavirus before everyone else, could see economic activity expand by 3.3 percent.
Gold Prices Fall as Investors Stockpile Cash Amid National Coronavirus Lockdowns
Spot gold slipped 0.2% to $1,494.63 per ounce by 0320 GMT, after rising as much as 3.1% in the previous session on a wave of stimulus.
E-commerce Has Been Lifeblood for Cities Under Shutdown to Fight Covid-19, Says Flipkart
Several state governments have imposed prohibitory orders like Section 144 and mandated closure of malls and shopping places in order to ensure social distancing in the wake of rising Covid-19 cases.