Mysuru/UNI: Indian Association of Amusement Parks and Industries (IAAPI), an apex body representing the interests of Amusement Parks, Theme Parks, Water Parks and Indoor Amusement Centre in India, which has been facing crisis due to cronavirus, sought an urgent stimulus package for Amusement Industry to bail out from the situation.
Lucknow/UNI: Uttar Pradesh Finance Minister Suresh Khanna on Saturday said that the state has faced huge revenue losses during the beginning of the Financial Year 2020-21.
Kolkata/IBNS: Strides Pharma Science Limited (Strides), a global pharmaceutical company, has announced that it has developed and commercialized Favipiravir Antiviral tablets.
Delhi/IBNS: Famous footwear brand, Bata Group recently said that has donated one million pairs of shoes to health care workers, volunteers and their families, the front-liners fighting the Covid-19.
London/IBNS: With COVID-19 outbreak hitting the aviation industry hard, the British Airways on Tuesday announced it is set to slash up to 12,000 jobs from its 42,000-strong workforce.
Kolkata/IBNS: A global recovery is essential now in the light of the havoc being wrought by the Covid-19 pandemic on people's lives and business, said Deb A Mukherjee, President Designate, The Bengal Chamber of Commerce.
New Delhi/IBNS: The Government of India and the Asian Development Bank (ADB) today signed a $1.5 billion loan that will support the government’s response to the novel coronavirus disease (COVID-19) pandemic, focusing on immediate priorities such as disease containment and prevention, as well as social protection for the poor and economically vulnerable sections of the society, especially women and disadvantaged groups.
Mumbai/IBNS: As many as 6,50,000 people have withdrawn money from their Employees' Provident Fund (EPF) savings to fulfill the income loss due to extended Covid-19 lockdown, said a media report.
New Delhi/ IBNS: The Centre has rejected a report prepared by a group of IRS officers that suggested a 40 per cent hike in the income tax rate, a 4 per cent Covid-19 relief cess and imposing a super-rich tax, finance ministry officials have said, reported media.
New Delhi/IBNS: Union minister Nitin Gadkari has said Indian manufacturers can take advantage of the current anti-Chinese sentiments by manufacturing items for which India is largely dependent on Chinese imports, media reports said.
New Delhi/UNI: The additional installment of Dearness Allowance to Central government employees and Dearness Relief to Central government pensioners due from January 1, 2020, will not be paid because of the financial strains due to the Novel Coronavirus crisis, the government said on Thursday.
New Delhi/IBNS: PayNearby, the hyperlocal fintech network builder, through its 8 lakh network of banking correspondents has been seamlessly facilitating cash withdrawal and transfer in this period - conducting over 8.5 lakh transactions per day.
New York/IBNS: The COVID-19 pandemic will herald the worst economic contraction in the history of Latin American and the Caribbean, with a projected -5.3 per cent drop in activity this year, according to a report by the UN office for the region, ECLAC, published on Tuesday.
Kolkata/IBNS: Ascon Infrastructure India Ltd, a leading infra company of eastern India, announced that the company shall begin operations post relaxation of lockdown from April 20, 2020.
Moscow/Sputnik: Tackling the implications of the coronavirus epidemic will likely cost the European Union an approximate 1.5 trillion euros ($1.6 trillion), EU Commissioner for Economy Paolo Gentiloni said in an interview with Germany's Spiegel on Monday.