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.
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.
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.
Houston: Prime Minister Narendra Modi met the CEOs of the energy sector in the US on the first day of his week-long visit to the country, and later witnessed the signing of MoU between India’s Petronet and Houston-based Tellurian.
GST collection in August up by 4.51 percent at Rs. 98,202 crore
New Delhi, Sept 2 (IBNS): The gross goods and services tax (GST) collection for the month of August stood at Rs. 98,202 crore, up by 4.51 percent, from the same period last month, official data released on Sunday said.
Narendra-Modi led reduces ESI contribution to 4 percent for industrial workers
New Delhi, June 14 (IBNS): The Government of India on Thursday took a crucial decision to reduce the rate of contribution under the ESI Act from 6.5 percent to 4 percent (employers’ contribution being reduced from 4.75 percent to 3.25 percent and employees’ contribution being reduced from 1.75 percent to 0.75 percent).
Sensex jumps over 1400 points amid exit poll predictions that NDA will form the government again
Mumbai, May 20 (IBNS): A day after major exit polls predicted that Narendra Modi and his Bharatiya Janata Party are going to return at the Centre to form the government for a second straight term, the Indian market responded positively with the Sensex even gaining more than 1,400 points.
Traders to support Narendra Modi's BJP in Lok Sabha elections
New Delhi, Apr 21 (UNI) Confederation of All India Traders (CAIT), the apex body of business community has declared to support and vote Prime Minister Narendra Modi and the BJP in Lok Sabha Polls.