Govt destroying economy by refusing to provide cash support to people, MSMEs: Rahul Gandhi
New Delhi: Congress leader Rahul Gandhi on Saturday accused the government of actively destroying the country’s economy by refusing to provide cash support to people and small and medium enterprises as he termed the Modi regime “Demon 2.0”. He shared a news report on Twitter on the impact the coronavirus pandemic would have on the […]
Trade unions call for nationwide protest on Jul 3
New Delhi: Ten central trade unions including Indian National Trade Union Congress and Centre of Indian Trade Unions among others on Friday gave a call for a nationwide protest on July 3, to lodge their resentment against anti-worker and anti-people policies of the government. “We call upon the working class and trade unions of all […]
SC asks if pvt hospitals ready to charge COVID-19 patients at Ayushman Bharat rate
New Delhi: The Supreme Court Friday asked private hospitals whether they are ready to provide treatment to COVID-19 infected patients at the charges prescribed under the government’s Ayushman Bharat Scheme. The ‘Ayushman Bharat – Pradhan Mantri Jan Arogya Yojana’ is aimed at providing health cover to poor and vulnerable persons in the country. A bench […]
Need to use resources prudently in COVID-19 crisis, don’t initiate any new scheme: FinMin to ministries
New Delhi: The finance ministry has asked all ministries and departments not to initiate any new scheme in the current financial year and said that there is a need to use resources prudently in the wake of the COVID-19 crisis. However, funds for schemes under the Pradhan Mantri Garib Kalyan Package, the Aatmanirbhar Bharat Abhiyan […]
No coercive action against employers for violating order on payment of full wages for lockdown: SC
New Delhi: The Supreme Court on Thursday extended till June 12 the operation of its May 15 order asking the government not to take any coercive action against companies and employers for violation of its March 29 circular on payment of full wages to employees for the lockdown period. The Ministry of Home Affair (MHA), […]
With a draconian but porous lockdown, India flattened GDP curve instead of COVID-19: Bajaj Auto MD
New Delhi: India implemented a “draconian” lockdown that was porous and ended up with the “worst of both worlds” as it resulted in decimating its economy and flattening the GDP curve instead of that of the coronavirus infections, industrialist Rajiv Bajaj said on Thursday. He said it is a herculean task to open up the […]
Kotak against waiver of interest during moratorium period
New Delhi : CII president and banker Uday Kotak on Thursday opined against any waiver of interest during the moratorium period saying there cannot be an unequal game wherein banks pay the depositors but do not earn interest on loans. In his first press conference as CII president, Kotak was responding to a question on […]
Global stock markets continue to rise as economies reopen
Tokyo: Global stock markets rose Wednesday, extending three days of gains, as more economies reopened from shutdowns they had imposed to stem the coronavirus pandemic. Asian indexes closed higher and European markets were up in midday trading, while Wall Street futures pointed to gains on the open in the U.S. “The theme of reopening optimism […]
COVID-19: SAT to remain closed till June 12
New Delhi: The Securities Appellate Tribunal (SAT) has said it will remain closed till June 12 in view of the coronavirus lockdown being extended in Mumbai. Earlier, the tribunal had said it will remain closed till May 31. “In view of the extension of nationwide lockdown declared by the government on May 30 and the […]
Majority of professionals, salaried individuals worried about financial future: Survey
New Delhi: A survey has found that a majority of salaried individuals and professionals are worried about their financial health, saying they have been struggling to meet ends meet in the wake of the COVID crisis. A survey by digital lending platform IndiaLends, which polled 5,000 respondents across India, revealed that 94 per cent of […]
