Corona’s Economic Impact
By Asad Mirza The Coronavirus endemic and its deadly effects have brought new words like quarantine, lockdown, sanitisation etc. into the lexicon of every common Indian. People who had no…
25 million people likely to lose job due to COVID-19: UN
An initial assessment of the impact of COVID-19 on the global world of work says the effects will be far-reaching, pushing millions of people into unemployment, underemployment and working poverty,…
Moody’s lowers India’s GDP forecast to 5.3% in 2020 amid Corona Crisis
AGENCIES Amid Coronavirus and global economic crisis, Moody’s Investors Service Tuesday lowered India’s GDP growth forecast for 2020 calendar year to 5.3 per cent. Moody’s had in February projected a…
Govt introduces Companies (Amendment) Bill 2020 in Lok Sabha
Staff Reporter / New Delhi Government today introduced the Companies (Amendment) Bill 2020 in the Lok Sabha. Introducing the Bill, Minister of State for Finance Anurag Thakur said that the…
Almost all major sectors shown growth in employment: Minister
Sudhir Kumar / New Delhi Minister of Labour and Employment Santosh Kumar Gangwar today informed the Lok Sabha that except the Construction Sector, all major sectors have shown growth in…
Number of steps taken by Govt to recover defaulted loan recoveries have shown results: FM
AMN / NEW DELHI Union Finance Minister Nirmala Sitharaman today informed the Lok Sabha that a number of steps have been taken by the Government to recover defaulted loan recoveries…
YES Bank to resume full banking service from March 18
AMN YES Bank today said that it will resume its full banking services from 6 P.M. on Wednesday. The bank said, in a tweet, that customers can visit any of…
Deadline for bids to buy 100% stake in Air India extended till April 30
TNA Union Government today extended the deadline for submitting bids for buying 100 per cent stake in Air India till 30th of April. The deadline was originally set at 17th…
Govt. approves reconstruction scheme for Yes Bank; SBI to invest 49% equity in the Bank
The Union Cabinet has approved a reconstruction scheme for Yes Bank as proposed by the Reserve Bank of India. Giving details about the scheme after the Cabinet meeting, Finance Minister…
Parliament passes Insolvency and Bankruptcy Code (Amendment) Bill 2020
AMN Insolvency and Bankruptcy Code (Amendment) Bill 2020 has been passed by the Parliament with Rajya Sabha giving its nod today. It was already passed by the Lok Sabha earlier.…