BUSINESS

 Press Trust of india

Global regulators’ body calls for fair disclosure by listed firms on COVID-19 impact

Global regulators’ body calls for fair disclosure by listed firms on COVID-19 impact

New Delhi, May 29 :  Global body of capital market regulators IOSCO on Friday called for fair disclosure by all listed companies about the impact of COVID-19 on their operating performance, financial position and future prospects to help investors take informed decisions. The International Organization of Securities Commissions (IOSCO) said in a statement it is […]

 Press Trust of india

Do not charge fare from stranded migrant workers; give them food: SC

Do not charge fare from stranded migrant workers; give them food: SC

New Delhi, May 28 : The Supreme Court Thursday directed that no fare for travel either by train or bus be charged from migrant workers, stranded across the country following the COVID-19 lockdown and want to return to their destinations, and said they be provided food and water. The apex court, which passed interim directions, […]

 Press Trust of india

FM launches instant allotment of e-PAN based on Aadhaar

FM launches instant allotment of e-PAN based on Aadhaar

New Delhi, May 28 :  Finance Minister Nirmala Sitharaman on Thursday launched a facility for instant allotment of online PAN on furnishing of Aadhaar details. The Budget 2020-21 had proposed to launch a system under which Permanent Account Number shall be instantly allotted online on the basis of Aadhaar without filling up the detailed application […]

 Press Trust of india

SBI cuts interest rates on fixed deposits across tenors

SBI cuts interest rates on fixed deposits across tenors

Mumbai, May 28:  The country’s largest lender State Bank of India (SBI) has reduced interest rates on retail term deposits by up to 40 basis points (bps) across all tenors. This is the second reduction in fixed deposits interest rates by the lender in May. It had reduced its deposit rates on May 12. The […]

 Images News Netwok

Navin reviews Annual Action Plan under National Food Security Mission 2020-21

Navin reviews Annual Action Plan under National Food Security Mission 2020-21

Emphasises on enhancement of Farm production

JAMMU: Principal Secretary, Agriculture Production Department, Navin Kumar Choudhary today emphasised on growth of farm economy by enhancement of agriculture production. He was chairing a meeting to discuss and review Annual Action Plan under National Food Security Mission (NFSM) for the year 2020-21. The meeting was attended by Director Agriculture, Jammu Inder Jeet, Director Horticulture, […]

 Press Trust of india

Future actions to stimulate economy will depend on how COVID crisis pans out: FM

Future actions to stimulate economy will depend on how COVID crisis pans out: FM

New Delhi, May 23 :  A day after the RBI projected economic contraction in 2020-21, Finance Minister Nirmala Sitharaman on Saturday said future fiscal policy actions to stimulate the economy will depend on how COVID-19 pandemic pans out. The government has already announced a Rs 20.97 lakh crore economic package, which includes Reserve Bank’s Rs […]

 Press Trust of india

Exporters need to identify niche mkts, key products to boost shipments: Prabhu

Exporters need to identify niche mkts, key products to boost shipments: Prabhu

New Delhi, May 23 :  Former union minister Suresh Prabhu has exhorted domestic exporters to identify niche markets and key products for shipments at a time when the the global market is going through a severe crisis due to COVID-19. In view of the present pandemic crisis, he said, the first and foremost work for […]

 Press Trust of india

Will try to restart international flights before August: Puri

Will try to restart international flights before August: Puri

New Delhi, May 23 :  India will try to restart a good percentage of international passenger flights before August, Civil Aviation Minister Hardeep Singh Puri on Saturday said, three days after announcing resumption of domestic flights from May 25. Amid the coronavirus pandemic, few states have questioned the necessity to restart domestic services from Monday, […]

 Press Trust of india

RBI’s 2nd booster shot to economy: Key interest rates slashed to lowest levels since 2000

RBI’s 2nd booster shot to economy: Key interest rates slashed to lowest levels since 2000

Mumbai: The Reserve Bank on Friday unexpectedly slashed benchmark interest rates to their lowest levels since 2000 and extended the moratorium on repayment of loans for three months to ramp up support for the economy which is likely to contract for the first time in over four decades. The central bank, which advanced the monetary […]

 Press Trust of india

RBI measures to help revive economy: SBI Chairman

RBI measures to help revive economy: SBI Chairman

Mumbai: The steps announced by the Reserve Bank of India including reduction in repo rate and extension of moratorium on term loans for another three months will help in quick revival of the economy, State Bank of India chairman Rajnish Kumar said. The RBI on Friday slashed repo rate by 40 basis points to 4 […]