Top oil producers agree on deal to cut output due to COVID-19
WEB DESK Top oil-producing countries have agreed to cut output in order to boost plummeting oil prices due to the coronavirus crisis and a Russia-Saudi price war. Kuwait Oil Minister…
Rs 5,000 Cr transferred to 7.15 Cr benficiaries of Pradhan Mantri Ujwala Yojana
WEB DESK Oil marketing companies have initiated transfer of Rs 5,606 crore to 7.15 Crore Pradhan Mantri Ujwala Yojana beneficiary accounts for availing free delivery of LPG cylinder under the…
World faces worst economic fallout since Great Depression: IMF chief
WEB DESK IMF chief Kristalina Georgieva has said that the global coronavirus pandemic has inflicted an economic crisis unlike any in the past century and will require a massive response…
EU finance ministers agree on 500 bn euro rescue deal
WEB DESK European Union finance ministers agreed a 500-billion-euro rescue for European countries hit hard by the coronavirus epidemic, but put aside demands from Italy and France for pooled borrowing.…
ADB assures India of $2.2 bn support to fight against COVID-19 pandemic
Asian Development Bank today assured India of 2.2 billion US dollar support to fight against the COVID-19 pandemic. ADB President Masatsugu Asakawa commended the Indian Government’s decisive response to the…
IT Department to release all refunds up to Rs 5 lakhs immediately
Around 14 lakh taxpayers to benefit All GST & CUSTOM refunds also to be released ; to provide benefit to around 1 lakh business entities including MSMEs Rs 18,000 crore…
Telecom companies want govt to permit self-KYC of new customers, till lockdown
Sanjay Singh / New Delhi Anticipating uncertainty around lockdown due to Coronavirus pandemic, telecom companies have urged the government to approve customers for a self-KYC (Know Your Customer) process of…
Railways ensure supply chain fully functional during the COVID-19 lockdown
From 23rd March to 3rd April 2020, Railways has transported more than 2.5 lakh wagons of coal and 17742 wagons of petroleum products Due to relentless operations of Railways, all…
CBDT issues orders to mitigate hardships to taxpayers amid Corona Crisis
PIB / NEW DELHI Due to outbreak of the Covid-19 pandemic, there is severe disruption in the normal working of almost all sectors. To mitigate the hardships of taxpayers, the…
RBI reduces trading timings of currency and debt markets
AMN / In view of the COVID-19 outbreak, the Reserve Bank of India has notified a change in market timings. Beginning April 7th, markets dealing with government securities, call/notice/term money,…