July 09, 2020 19:50 (IST)
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Cabinet passes extending PM Garib Kalyan Anna Yojana till November | West Bengal COVID-19 Lockdown: German Consulate says it will restrict office presence to the lowest | 'Communist China terrorist': Tibetan cycle rally against Beijing cheers for India | J&K HC Srinagar wing closed for 2 days after some CRPF personnel test positive for COVID-19 | India adds 22,752 new Covid-19 cases, 482 deaths in 24 hours

Cabinet approves the proposal to extend the EPF contribution 24% for another three months from June to August

New Delhi: The Union Cabinet chaired by PM Narendra Modi on Wednesday has given its approval for extending the contribution both 12% employees' share and 12% employers' share under Employees Provident Fund, totaling 24% for another 3 months from June to August, 2020, as part of the package announced by the Government under Pradhan Mantri Garib Kalyan Yojana (PMGKY)/ Aatmanirbhar Bharat in the light of COVID-19, a Pandemic.

India's economy ready to bounce back: PM Modi

New Delhi/UNI: Exuding confidence, Prime Minister Narendra Modi on Thursday said India's economy was ready to bounce back and there could not be a better time to make a new beginning.

Cabinet approves amendment to Essential Commodities Act in interest of farmers

New Delhi/UNI/IBNS: The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the farmer friendly amendment in the Essential Commodities Act.

Industry should take advantage of global trust developed in India: PM Modi

New Delhi/UNI: Prime Minister Narendra Modi on Tuesday said the world is looking for a trusted, reliable partner and in India, there is potential, strength, ability, so the industry should take full advantage of the trust that has developed towards India.

India gives push to privatisation in detailing fourth tranche of Rs. 20 lakh crore economic package

New Delhi/IBNS: Indian Finance Minister Nirmala Sitharaman's fourth press conference on Rs. 20 lakh crore economic package, dubbed as a package to build "Aatmanirbhar Bharat" or "Self-reliant India", was largely concentrated with the Narendra Modi government's push to privatisation in multiple sectors through reforms.

LIVE: FM Nirmala Sitharaman holds 4th press conference over economic package

New Delhi/IBNS: Union Finance Minister Nirmala Sitharaman is holding her fourth press conference to give details of the Rs. 20 lakh crore mega stimulus economic package which was announced by Prime Minister Narendra Modi earlier this week. 

Nirmala Sitharaman to share details of Modi's Rs. 20 lakh crore economic package at 4 pm

New Delhi/IBNS: Union Finance Minister Nirmala Sitharaman at 4 pm on Wednesday will share the details of the mega stimulus economic package worth Rs. 20 lakh crore announced by Prime Minister Narendra Modi last night.

PM move to build on lockdown gains wise; says ASSOCHAM seeking urgent financial help for industry, trade, employees

Kolkata/IBNS: Business body ASSOCHAM on Tuesday fully supported Prime Minister Narendra Modi for extending the nationwide lockdown till May 3 for saving each and every Indian from the unprecedented global pandemic, with a firm conviction that the  government would soon be announcing a large and effective financial package for protecting agriculture, industry , trade with a particular focus on the MSMEs and millions of jobs.

Greatest emergency since Independence: Former RBI Governor Raghuram Rajan over COVID-19 situation

New Delhi/IBNS: Advising the Indian government to spend more on poor to manage the crisis caused by the Novel Coronavirus, former Reserve Bank of India (RBI) governor Raghuram Rajan has said the pandemic virus is the "greatest emergency since Independence".

BRICS CCI to donate Rs 1 lakh to PM CARES Fund

New Delhi/UNI:  The BRICS Chamber of Commerce and Industry has decided to contribute Rs one lakh to the PM CARES Fund in wake of COVID-19 outbreak in the country, the organisation’s Director General Madhukar has said.

Stimulus package to arrest economic downturn likely: Report

New Delhi/ IBNS: The government is mulling a package of Rs 1.5 lakh crore to stimulate the economy of India which is currently under lockdown due to coronavirus outbreak, a Reuters report said.

Indian Rupee ends up by 30 paise against USD

Mumbai/UNI: Erasing Thursday's losses, the Rupee on Friday smartly recovered by 30 paise to end strong at 73.92 on selling of US Dollars by bankers and exporters, dealers at Forex Market said.

Cabinet approves proposal for capital infusion for OICL, NICL and UIICL

New Delhi/IBNS: The Union Cabinet, chaired by Prime Minister Narendra Modi, has given its in principle approval for capital infusion for three Public Sector General Insurance Companies, namely, Oriental Insurance Company Limited (OICL), National Insurance Company Limited (NICL) and United India Insurance Company Limited (UIICL).

China, Huawei thank PM Narendra Modi govt for allowing 5G trial participation

New Delhi/UNI: China on Tuesday thanked the Indian government for allowing its telecommunication company Huawei to take part in the upcoming 5G trials and hoped that Chinese companies would get a level-playing field for win-win cooperation between the two countries.

Cabinet approves extension of the term and coverage of the Fifteenth Finance Commission and submission of two reports by the Finance Commission

New Delhi/IBNS: The Union Cabinet chaired by Prime Minister Narendra Modi on Monday approved the Fifteenth Finance Commission to submit first report for the first fiscal year viz. 2020-21 and to extend the tenure of XV-FC to provide for the presentation of the final report covering FYs 2021-22 to 2025-26 by 30th October, 2020.