Indian economy projected to contract by 10.3% in 2020:IMF
NEW DELHI : The Indian economy is projected to contract by 10.3 per cent this year due to impact of COVID-19 but will rebound with 8.8 per cent growth the following year and regain its position as the fastest-growing emerging economy, the International Monetary Fund (IMF) said on Tuesday. The global economic growth is estimated to dip by 4.4 per cent More...
GST Council meet: Govt to disburse compensation cess worth Rs 20K cr to all states tonight
NEW DELHI : GST compensation due to state governments for this year around Rs 20,000 crore – will be released tonight, Finance Minister Nirmala Sitharaman said Monday after a marathon meeting of the 42nd GST More...
SBI rolled out bumper festive offers to bring in cheer festive seasons
NEW DELHI : India’s largest lender State Bank of India has rolled out bumper festive offers for its customers to bring in cheer and spread festive joy amid the pandemic, the nation’s largest lender State More...
Shapoorji Pallonji Group agrees to exit Tata Sons
MUMBAI: The Shapoorji Pallonji Group (SPG) on Tuesday informed the Supreme Court that it would exit the Tata Group an acrimonious development that, if carried out, will end an over 70-year-old relationship between More...
Gautam Adani to Take a Controlling Stake in Mumbai Airport
MUMBAI: Adani Enterprises would take a controlling stake in Mumbai International Airport Ltd (MIAL) through a deal in which Adani Airport Holdings Limited will acquire the debt of GVK Airport Developers Limited More...
NRA will bring paradigm shift in recruitment system: Jitendra Singh
NEW DELHI : The National Recruitment Agency (NRA) will bring a paradigm shift in the recruitment system and help meet the aspiration of the youth in finding the proper job said Union Minister of State Dr Jitendra More...
Modi government has attacked the informal economy Says Rahul Gandhi
NEW DELHI : Former Congress President Rahul Gandhi launched a scathing attack on the Prime Minister Narendra Modi-led BJP government and said the central government has attacked the country’s unorganised economy More...
Dinesh Khara set to be next SBI chief
NEW DELHI : The Banks Board Bureau (BBB) on Friday recommended the name of Dinesh Kumar Khara, SBI’s senior-most managing director, as the next chairman of the country’s largest lender. As per convention, More...
TRAI issues showcause notice to Vodafone Idea on priority plan
KOLKATA: Telecom regulator TRAI has slapped a showcause notice on Vodafone Idea Ltd over its pay-more-for-priority treatment mobile plan, saying the tariff offer “lacks transparency”, is “misleading” More...
PM Modi Unveils Faceless Tax Assessment Scheme
NEW DELHI : Prime Minister Narendra Modi today introduced faceless tax assessment and appeal, which aimed at streamlining the tax-paying process for people and reducing the scope for corruption and over reach by More...