Yes Bank resolution will be done very swiftly: RBI Governor
AMN / MUMBAI Reserve Bank Governor Shaktikanta Das has assured that the Central bank will take every measure needed to secure the economy against the challenges arising from the Corona…
RBI places Yes Bank under Moratorium; Withdrawals Capped at Rs 50,000
WEB DESK The Reserve Bank of India (RBI) today imposed a moratorium on Yes Bank and capped withdrawals at Rs 50,000, said sources. The private sector lender has been grappling…
NRIs can acquire up to 100% equity in Air India
AMN/ NEW DELHI The union cabinet Wednesday approved Foreign Direct Investment, FDI policy on civil aviation. Briefing media in New Delhi, Information and Broadcasting Minister Prakash Javadekar said, FDI policy…
Govt approves Companies Second Amendment Bill to further ease of doing business for law-abiding corporates
AMN / NEW DELHI Union Cabinet has approved Companies Second Amendment Act Bill 2019. Briefing media, Finance Minister Nirmala Sitharaman last evening said, the priority is to remove criminality under…
‘Vivad se Vishwas’ Bill passed in Lok Sabha
By A Correspondent Lok Sabha today passed the Vivad se Vishwas Bill amid din in the House. The Bill aims to settle pending direct tax disputes in the country. The…
GST collection crosses Rs one lakh crore mark in February
Government has collected over one lakh five thousand crore rupees as Goods and Services Tax in February this year which is eight percent more than the GST collected in the…
Export of onions to begin from March 15
BUSINESS DESK Government will allow export of onions from 15th of this month in the interest of farmers. Directorate General of Foreign Trade has issued a notification in this regard.…
Govt to lift the ban on export of onions
AMN Government has decided to lift the nearly six-month-old ban on export of onions in a bid to protect the interests of farmers as prices are likely to fall sharply…
FM emphasises better data sharing between customers and Public Sector Banks
WEB DESK Finance Minister Nirmala Sitharaman has emphasised the need for better data sharing between customers and Public Sector Banks (PSBs) at the regional level. Addressing a function in New…
Govt closely monitoring coronavirus impact on economy: Sitharaman
AGENCIES Finance Minister Nirmala Sitharman said on Wednesday that the government is “closely monitoring” the impact of the coronavirus outbreak on the economy. “We are very closely monitoring it. Secretary-level…