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Employees’ and emplyers’ PF shares under Atmanirbhar Bharat Rojgar Yojana
New Delhi: The Union Cabinet has given its approval for Atmanirbhar Bharat Rojgar Yojana (ABRY) to boost employment in the formal sector and incentivize the creation of new employment opportunities during the Covid recovery phase under…
Festive season sequentially lifts Nov auto retail sales
New Delhi: The festive season boosted India's automobile retail sales by 29.32 per cent in November on a sequential basis, industry data showed on Tuesday.
However, sales remained in the red on a year-on-year basis.
The Federation of…
TVS Srichakra to expand production at outlay of Rs 1,000 crore
Chennai: Automotive tyre maker TVS Srichakra Ltd. on Tuesday said it would invest Rs 1,000 crore over a three-year period to expand the production capacity at its Madurai (Tamil Nadu) and Pantnagar (Uttarakhand) plants.
In a statement…
Mukesh Ambani calls for policy steps for early roll out of 5G
New Delhi: Reliance Industries (RIL) Chairman Mukesh Ambani on Tuesday said there was a requirement of policy measures for the early roll out of the fifth generation (5G) connectivity technology.
Addressing the inaugural session of India…
Airlines waive off rescheduling, no-show charges amid Bharat Bandh
New Delhi: In a relief for flyers, airlines have waived-off cancellation, rescheduling charges for passengers, who could not report for their flights amid the traffic disruption caused due to 'Bharat Bandh' on Tuesday.
The farmers from…
NortonLifeLock to acquire cybersecurity firm Avira for $360mn
London: Consumer cybersecurity brand NortonLifeLock has said it will acquire German cybersecurity firm Avira in an all-cash transaction for approximately $360 million.
The announcement on Monday comes eight months after Investcorp…
Petrol, diesel prices rise for sixth straight day
NEW DELHI: Petrol and diesel prices rose for the sixth day in a row on Monday as rates went up by 26-30 paise per litre.
Petrol price was hiked by 30 paise per litre and diesel by 26 paise, according to a price notification of oil…
Banks will now pay for not resolving complaints
NEW DELHI: Have you made a complaint to your bank but the lender has failed to resolve the grievance? From January 2021 onwards ,this is going to result in a tangible financial charge on the bank, according to new changes in regulations…
Withdrawal norms, RTGS timings changed
NEW DELHI: Beginning December, a few changes have been introducedwith regards to RTGS transactions, for all banks, and ATM withdrawals, if you are an account-holder in Punjab National Bank (PNB). First, the Reserve Bank in its policy…
RBI still cautious on durability of growth
The RBI kept benchmark policy rates unchanged, but emerged as a generous patron. Notwithstanding the unhelpful baggage of rising retail inflation, it committed to yield a yard and remain accommodative of both rate cuts and liquidity…
CBI registers case against Unitech MD in Canara bank fraud
NEW DELHI: The CBI has booked Managing Director of Unitech Sanjay Chandra, his father Ramesh and brother Ajay for alleged bank fraud of Rs 198 crore in Canara bank, officials said Sunday.
The CBI after registering the fresh case against…
It’s Mizoram’s moment under the sun! State commissions its 1st 2 MW solar PV plant
Mizoram has carved a place for itself in the solar energy map of India as it has commissioned its first solar power plant at Tlungvel
Explore Puri, The Resting Place Of Lord Vishnu!
The Jagannatha Temple at Puri is one of the major Hindu temples built in the Kalinga style of architecture. The temple tower, with a spire, rises to a height of 58 meters (190 ft), and a flag is unfurled above it, fixed over a wheel…
Good winter crop set to soothe inflation worries
NEW DELHI: The RBI’s policy inaction seen in its quarterly Monetary Policy announcement stems mainly from India’s inflation rising way beyond the central bank’s comfort levels. Retail inflation rose sharply to 7.6 per cent in October, far…
PM-KUSUM scheme Renewal Energy ministry in agro sector
MNRE has decided to include polarization of agriculture feeders under Component-C of PM-KUSUM scheme
NINL employee unions challenge disinvestment in Orissa HC
Since the CCEA approved NINL’s disinvestment, promoters have stopped infusing money into the PSU, causing it to shut down & leaving employees in the lurch without salaries
On ED’s request, French authorities seize Mallya’s property worth 1.6 m euros
New Delhi , December 4 : On the request of the Enforcement Directorate (ED), French authorities on Friday seized a property belonging to fugitive businessman Vijay Mallya, worth 1.6 million euros (approximately Rs 14 crores), in…
Gold in December: These 5 factors will lead to increase in Gold rates
As we move into the final month of this eventful year, market sentiment is mixed as investors seem to be weighing the mounting virus case count against optimism of vaccine breakthroughs.
On the surface, risk and uncertainty seem to have…
OPEC+ agrees to increase output by 500,000 barrels a day in January
Vienna , December 4 The Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC countries decided at a meeting on Thursday to increase oil production by 500,000 barrels per day (bpd) in January 2021.
In light of…
US, Huawei CFO in talks over plea to allow her to return to China
Washington DC , December 4 US Justice Department officials and Huawei CFO Meng Wanzhou are currently negotiating a possible plea deal that would allow her to return to China from Canada, the Wall Street Journal reported citing…