Govt. Approves Ordinance To Bring 1,540 Co-op.Banks Under RBI
NEW DELHI : The Union government has decided to bring 1,482 urban cooperative banks and 58 multi-state cooperative banks, under the supervisory powers of the Reserve Bank of India, said I&B minister Prakash Javadekar after a meeting of the Union Cabinet earlier today. The RBI’s powers as they apply to the scheduled banks will also apply to More...
Petrol & Diesel Prices Hiked For 16th Day In A Row
NEW DELHI : Oil marketing companies (OMC) have hiked petrol and diesel prices in India for the 16th day in a row. Petrol price was hiked by 33 paise per litre and diesel by 58 paise to take retail rates to record More...
GST relief for small taxpayers to minimize C-19 impact
NEW DELHI : “For all those who have no tax liabilities but who have not filed their returns between July 2017 to January 2020 there will be zero late fees,” said Union Finance Minister Nirmala Sitharaman More...
Nirav Modi, Mehul Choksi’s Jewellery Worth 1,350 Crores Brought To India
MUMBAI: Enforcement Directorate (ED) on Wednesday brought back valuable jewellery belonging to fugitive diamante Nirav Modi and Mehul Choksi. The haul is worth Rs 1350 crore and includes polished diamonds, pearls, More...
PMLA court orders seizure of Nirav Modi’s assets worth Rs 1400 crore
NEW DELHI : The Prevention of Money Laundering Act (PMLA) court in Mumbai on Monday (June 8) gave a major blow to fugitive diamond trader Nirav Modi and ordered confiscation his of properties worth Rs 1400 crore. Nirav More...
Centre Pulls Order To Drop Products From Police Canteens
NEW DELHI : From microwave ovens to footwear and branded products like Tommy Hilfiger shirts – over 1000 imported products will now not be available at the Kendriya Police Kalyan Bhandars (KPKB), the parent More...
Essential Commodities Act will be amended: Sitharaman
NEW DELHI : Union Finance Minister Nirmala Sitharam announced that the Centre has decided to amend Essential Commodities Act 1995 in order to support the agricultural industry which was worst-hit during corona More...
EPF contribution rate cut from 12 pct to 10 pct
NEW DELHI : The Centre has announced several measures for employees on Wednesday giving them some relief during the coronavirus crisis. Probably, the most important announcement came in the form of benefits announced More...
RIL Profit Falls 39% To Rs 6,348 Crore In Q4
MUMBAI : Reliance Industries’ net profit dropped 39 per cent to Rs 6,348 crore in March quarter on the back of slump in crude oil prices amid outbreak of COVID-19, the company said in exchange filing on Thursday. The More...
After Sonia ..Now Sharad Pawar wrote to PM Modi
NEW DELHI : Nationalist Congress Party (NCP) chief Sharad Pawar Sharad Pawar wrote to PM Modi and Union Finance Minister Nirmala Sitharaman pitching a strategy to overcome the COVID-19 crisis faced by Maharashtra. Mentioning More...