New Delhi
RBI May Extend Moratorium on Loans by Another 3 Months
Suggestions from various quarters, including from Indian Banks' Association, have come for the further extension of moratorium and the RBI is actively considering them, according to sources.
ITC Faces Union Backlash Over Coronavirus Work Warnings to Employees
While ITC had so far not taken any action against workers, the company notices said "absence without leave" would lead to salary cuts and "disciplinary action", without elaborating.
Ola, Uber Resume Services in Green, Orange Zones As India Enters Lockdown 3.0
However, both Ola and Uber services in cities that fall under the Red Zone continue to remain suspended.
Yes Bank Appoints Neeraj Dhawan as Chief Risk Officer for Three Years
Dhawan will assume charge from Saturday in place of Ashish Agarwal, the current chief risk officer, who will transition to a new role in the bank.
Vijayvargiya Shoots off Letter to Mamata, Alleges TMC of Fudging up Covid-19 Death Count
The letter comes days after Mamata Banerjee tried to block the inter ministerial team sent by the Centre to the state to assess the ground situation as far as tackling the Coronavirus is concerned.
PNB Housing Appoints Neeraj Vyas as Interim MD and CEO
Vyas will be in the new role for a period of eight months, effective from April 28, according to a BSE filing by the company.
Modi Govt Hid Names of Wilful Defaulters in Parliament, Says Rahul Gandhi
In a tweet, Gandhi said, "In Parliament I asked a straight question that who are the top 50 bank thieves, the finance minister refused to answer, and now the RBI has given the list of Nirav Modi, Mehul Choksi, all BJP friends..."
Congress asks Centre to Take Action against TV Editor; BJP Slams Opposition Party
The Congress and the BJP on Wednesday had sparred over Goswami's remarks on the show aimed at Sonia Gandhi during a discussion on the Palghar incident in which three persons, including two sadhus, were lynched.
Unilever Withdraws 2020 Forecast, to Pay Interim Dividend Amid Coronavirus
First-quarter turnover rose 0.2% to 12.40 billion euros ($13.42 billion), slightly missing estimate of 12.77 billion euros, according to analysts polled by Factset.
Not Kowtowing to Crisis: Sex Workers Distribute Ration, Medicines and Hope Amid Covid-19 Lockdown
What is really required from the government is to include these ‘invisible workers’ in policies related to Covid-19, and to reach out to them with support and aid.
I&B Ministry Issues Advisory, Asks Media Persons Covering Covid-19-Related Incidents to Take Precautions
The advisory comes a day after the governments of Uttar Pradesh, Karnataka and Delhi decided to arrange Covid-19 tests for media persons. Some journalists from a Tamil news TV channel in Chennai tested positive for the infection in a fresh incident involv...
Finance Ministry Sanctions Rs 46,038 Crore as States' Share in Taxes For April
The ministry said to assist states effectively address situation arising out of COVID-19 pandemic, as a special dispensation, the calculation of net proceeds of shareable taxes has been kept unchanged as per Budget 2020-21.
Rahul Gandhi Thanks Centre for Amending FDI Policy Amid Coronavirus Pandemic
On April 12, Rahul Gandhi had tweeted: "The massive economic slowdown has weakened many Indian corporates making them attractive targets for takeovers."
'Err on the Side of Being Inclusive': Amartya Sen, Raghuram Rajan, Abhijit Banerjee on Covid-19
India’s biggest worry, after the extension of the Covid-19 lockdown is that a large number of people will be pushed into poverty, by the combination of the loss of livelihoods and interruptions in the standard delivery mechanisms, predicted the economists...
NHAI to Incur Revenue Losses of 1,822 Crore on Account of 40-Day COVID-19 Lockdown: ICRA
The Ministry of Road Transportation and Highways has suspended tolling on all national highways, following the 21-day lockdown as per Ministry of Home Affairs guidelines.
ONGC Gas Output Drops 15% as Shut Factories Refuse to Take Supplies
Oil and Natural Gas Corp (ONGC), which produced 64.3 million standard cubic meters of gas per day (mmscmd) prior to the lockdown imposed on March 25, has reduced the flow to 53.4 mmscmd, sources aware of the development said.