Bank grant 3-month moratorium to customers on EMI on loans


NEW DELHI: Following Reserve Bank of India’s (RBI) instructions, several leading banks of the country had provided a three-month moratorium to its customers on payment of EMI, interest on loans etc to deal with the current coronavirus pandemic. The implementation of the package had apparently been delayed due to confusion about the modalities, More...

by RAJEEV RANJAN NAG | Published 1 week ago
By RAJEEV RANJAN NAG On Sunday, March 29th, 2020

Coronavirus COVID-19: Centre notifies news withdrawal criteria from EPFO A/c

NEW DELHI : The labour ministry has allowed over 6 crore subscribes of retirement fund body EPFO to withdraw an amount not exceeding their three months basic pay and dearness allowance from their EPF account in More...

By RAJEEV RANJAN NAG On Saturday, March 28th, 2020

Ratan Tata Commits 1,500 Crores To Fight COVID-19

NEW DELHI : As the country fights the coronavirus pandemic that is wreaking havoc across the world, the Tata Trusts and Tata Group on Saturday committed Rs 1,500 crore for related work and to protect and empower More...

By On Wednesday, March 25th, 2020

Indian aviation industry stares at losses of up to $3.6 billion due to travel ban

  NEW DELHI : Aviation consultancy CAPA on Wednesday projected initial losses of USD 3.3-3.6 billion for the Indian aviation industry in the first quarter of FY2021 in the eventuality of all air services including More...

By On Monday, March 23rd, 2020

Jio Fiber to Offer Free 10Mbps Broadband to New Users

NEW DELHI :  : Jio has announced that through Reliance Industries Limited’s #CoronaHaaregaIndiaJeetega initiative, it will provide basic JioFiber broadband connectivity without any service charges. It states More...

By On Wednesday, March 18th, 2020

RBI To Buy Govt.Bonds In Open Markets To Boost Liquidity

MUMBAI : The Reserve Bank of India will buy bonds on the open market for a total of Rs 10,000 crore on Friday to try to keep all market segments liquid and stable, the central bank said on Wednesday. “With More...

By RAJEEV RANJAN NAG On Monday, March 9th, 2020

“Yes Bank” Withdrawal Limit may end within a week: SBI Chief

NEW DELHI : The inconvenience and uncertainty faced by Yes Bank depositors may be short lived as the Chairman of State Bank of India (SBI) Rajnish Kumar has said that the moratorium imposed could be lifted within More...

By RAJEEV RANJAN NAG On Saturday, February 29th, 2020

IRCTC to restart luxury train Golden Chariot on March 22

NEW DELHI : IRCTC, the online ticket booking arm of the Indian Railways, has decided to resume the services of its luxury train Golden Chariot on March 22 after a gap of few years. IRCTC took over the operation, More...

By On Tuesday, February 18th, 2020

FM Sitharaman says telecom depart. actively engaging with telecom companies

NEW DELHI: Four days after the Supreme Court pulled up mobile operators over non-payment of lakhs of crores in pending dues, telecom ministry officials said today that they are awaiting an approval from the top More...

By On Friday, February 14th, 2020

After SC rap, DoT asks telcos to clear dues by midnight

NEW DELHI : The Department of Telecommunications (DoT) on Friday ordered Bharti Airtel, Vodafone Idea, and other telecom companies to clear their dues by 11.59 pm on Friday. After getting an earful from the Supreme More...