Diesel price hits record high after rates hiked for 15th day in a row; petrol up 35 paise
New Delhi: Diesel price on Sunday hit a fresh record high after rates were hiked by 60 paise per litre while petrol price was up 35 paise, taking the cumulative increase in rates in 15 days to Rs 8.88 a litre and Rs 7.97 respectively. Petrol price in Delhi was hiked to Rs 79.23 per […]
Govt extends Rs 50 lakh insurance scheme for healthcare providers till Sep
New Delhi: Amid rising number of COVID-19 cases, the government has extended the Rs 50 lakh insurance scheme for about 22 lakh healthcare providers for another three months till September. The scheme implemented by New India Assurance was slated to end on June 30, as per the announcement made by Finance Minister Nirmala Sitharaman as […]
COVID-19 has led to 20 lakh job losses in bus, taxi sector; more on anvil: BOCI
New Delhi: Around 20 lakh people have lost employment and an equal number are staring at job losses as private bus and tourist taxi operators have been hit hard by the coronavirus lockdown, according to the Bus & Car Operators Confederation of India (BOCI). BOCI, which claims to represent 20,000 operators with 15 lakh buses […]
Mushroom production can improve socio economic status of small and marginal farmers: Director Agri
SRINAGAR: Director Agriculture Kashmir, Syed Altaf Aijaz Andrabi Saturday said that amid changing trends of food habits in the society, the demand and market value for various agricultural commodities including mushroom has increased manifold. He said this while chairing a meeting regarding feasibility of having mushroom clusters, canning and marketing linkage of mushrooms, opening of […]
Dir Industries chairs meeting with stakeholders to discuss renovation of CFC at Sethar
SRINAGAR: Director Industries and Commerce Kashmir, Mahmood Ahmad Shah today chaired a meeting with Cricket Bat Manufacturers Association (CBMA) to discuss upgradation and renovation of Common Facility Centre (CFC) at Sethar Sangam on advanced technological basis under Jhelum Tawi Flood Recovery Project (JTFRP). The project is funded by World Bank and will have Modern Technological […]
PM launches employment scheme for migrant workers affected by coronavirus lockdown
New Delhi: Prime Minister Narendra Modi on Saturday launched an employment scheme with an outlay of Rs 50,000 crore for migrant workers who returned to their home states during the coronavirus-induced lockdown. Launching the scheme, Modi said during the nationwide lockdown, the talent from cities returned to villages and it will now give a boost […]
Diesel price hits record high after rates hiked for 14th day in a row; petrol up 51 paise
New Delhi: Diesel price on Saturday hit a record high after rates were hiked by 61 paise per litre while petrol price was up 51 paise, taking the cumulative increase in rates in two weeks to Rs 8.28 and Rs 7.62 respectively. Petrol price in Delhi was hiked to Rs 78.88 per litre from Rs […]
Pradhan urges industry to use domestically produced steel
Mumbai: Union Steel Minister Dharmendra Pradhan on Saturday urged all stakeholders of the sector to come together to ensure that industries use only domestically produced steel. In the last few quarters, domestic demand for steel has declined due to the economic slowdown followed by the COVID-19 outbreak and resultant shutdowns. “Unless all the stakeholders including […]
China standoff: FinMin proposes restrictions on foreign investment in pension funds
New Delhi: Amid growing tensions between India and China, the finance ministry has proposed putting restrictions on pension fund investments from any of India’s bordering countries. Foreign investment in pension funds regulated by the Pension Fund Regulatory and Development Authority (PFRDA) is capped at 49 per cent under the automatic route. According to a draft […]
Demand in economy will rise when uncertainty is not there: CEA
Kolkata: Demand in the economy will increase when the uncertainty regarding health in the wake of COVID-19 outbreak ends, Chief Economic Advisor Krishnamurthy V Subramanian said on Friday. Speaking at a webinar session organised by Bharat Chamber of Commerce, Subramanian said that discretionary spending in the economy has not risen due to uncertainty regarding health […]
