Business News

NEW DELHI:  The Finance Ministry on Thursday released Rs 9,871 crore as Post Devolution Revenue Deficit grant to 17 States for the year 2021-22. The grants were released as per the recommendations of the Finance Commission in monthly …

NEW DELHI: With the US backing an initiative by India and South Africa at the World Trade Organization to temporarily waive patent rules on COVID-19 vaccines, experts on Thursday suggested the member countries of the WTO to immediately…

Mumbai: The Reserve Bank of Indian has decided to allow the classification of priority sector lending for loans given by small finance banks (SFB) to micro-finance institutions (MFI) for on-lending to individuals. The decision has been…

Washington: Jeff Bezos' aerospace company Blue Origin will fly its first astronaut crew aboard its space tourism rocket called New Shepard on July 20, the company said. The aerospace company is yet to open ticket sales or release pricing…

MUMBAI: Businesses and households are 'learning to adapt' to lockdown measures and the dent to demand will be 'moderate' as compared to countrywide shutdown of activities done last year, Reserve Bank Governor Shaktikanta Das said on…

NEW DELHI: The Ministry of Labour & Employment has now been mandated to seek the 12-digit unique identification number Aadhaar from people like employees and unorganised sector workers seeking registration, benefits, availing services…

BENGALURU: 230 million people in India slipped below the national minimum wage threshold (Rs 375 per day as recommended by the Anoop Satpathy committee) in Covid-hit 2020, a report released by the Azim Premji University on Wednesday stated.…

Hanoi , May 5  : Vietnam on Tuesday decided to keep anti-dumping duty on aluminium from China. The Ministry of Industry and Trade has decided to continue imposing anti-dumping duties on certain aluminium products originating from China…

Mumbai, May 5 (UNI) To check the devastating coronavirus that gripped the country, the Reserve Bank of India on Wednesday announced a targeted on-tap liquidity window of Rs 50,000 crore to set up Covid-related healthcare infrastructure In…

CHENNAI: Nanga Parbat, named for the ninth-highest mountain in the world, is a two-player game designed by Steve Finn. In this game, players take on the roles of Sherpa communities that live on and around the titular mountain you’ll hunt…

New Delhi: The Department of Telecommunications (DoT) has given its permissions to the telecom service providers (TSPs) for conducting trials for use and applications of 5G technology. The applicant TSPs include Bharti Airtel Ltd., Reliance…

New Delhi: Sanjay Panjiyar is set to be Director (Operations) of Hindustan Copper Limited (HCL). He has been selected for the post by the Public Enterprises Selection Board (PESB) panel on Tuesday. He is currently serving as Chief General…

New Delhi/Vasco: To commemorate the 75 Years of India’s Independence, GSL and other DPSUs are organising various theme-based programs in the three-month cycle, leading to August 15, 2022, i.e. 75th Independence Day. Accordingly, in the…

New Delhi: Hindustan Aeronautics Limited (HAL) and Rolls-Royce have signed an MoU to establish packaging, installation, marketing and services support for Rolls-Royce MT30 marine engines in India. Through this MoU, Rolls-Royce and HAL will…

Mumbai, May 4 ( UNI) Steel major, JSW Steel said that its subsidiary JSW Steel USA Ohio Inc, has signed a long-term agreement with Allegheny Technologies Inc. The agreement is for the conversion of carbon steel slabs manufactured at JSW…

BHUBANESWAR: Amid a fierce COVID-19 second wave, Odisha recorded the highest ever GST collection of Rs 3849.48 crore, including Rs 1126.67 crore of SGST in April, posting an overall growth of around 17% over the collection in March. The…

MUMBAI: The government has appointed RBI Executive Director T Rabi Sankar as the fourth deputy governor of the central bank. Sankar fills the vacancy created by the retirement of BP Kanungo on April 2, after completing one-year…

MUMBAI: SpiceXpress, the air cargo arm of SpiceJet, on Monday transported 700 oxygen concentrators from Guangzhou (China) to New Delhi amid acute shortage of medical oxygen in the country in the wake of massive spike in the number of…

NEW DELHI: The Centre on Saturday released the first instalment of the central share of the State Disaster Response Fund (SDRF) of Rs 8873.6 crore for the year 2021-22 ahead of the normal schedule. The move comes at a time when…

NEW DELHI: The country’s largest lender, State Bank of India (SBI) on Saturday said it has reduced home loans rates to 6.7 per cent. With the reduction, SBI home loan interest rates now start from 6.7 per cent for loans up to Rs 30 lakhs…