Delhi HC refuses to vacate stay on online sale of medicines
AMN The Delhi High Court on Tuesday refused to vacate the stay on sale of drugs and preion medicines by online pharmacies. The court said the stay will continue till…
India born Gita Gopinath joins IMF as Chief Economist
WEB DESK India born Gita Gopinath has joined International Monetary Fund as its chief economist. She has first woman to occupy the top IMF post. Gopinath succeeds Maurice (Maury) Obstfeld…
India’s GDP is expected to grow at 7.2 %
AMN / New Delhi The Country’s GDP is expected to grow at 7.2 per cent this fiscal following spurt in the agriculture and manufacturing sectors. Releasing the first advance estimates…
Will take steps if there is liquidity shortage: RBI Governor
AMN / NEW DELHI RBI Governor Shaktikanta Das on Monday said the central bank will take steps if there is a liquidity shortage in the economy, though currently liquidity needs…
Vice President asks textile industry to focus on innovation
Tells industry to discard outdated technology and modernize its machinery to be globally competitive.. Our Correspondent /AMN / New Delhi The Vice President of India, Mr M. Venkaiah Naidu today…
No decision regarding Rs 2,000 note production recently: Govt
AMN Government today clarified that there has been no decision recently regarding the production of the 2000 rupees notes. In a tweet, Economic Affairs Secretary Subhash Chandra Garg said the…
Oil price to be low if OPEC cuts fail in 2019: JPMorgan
WEB DESK Crude oil prices could decline further and remain low if OPEC members fail to maintain curbs in total production in 2019, American investment bank and financial services firm,…
Cabinet approves merger of Vijaya Bank, Dena Bank with Bank of Baroda
Andalib Akhter / New Delhi The Cabinet today approved the merger of Vijaya Bank and Dena Bank with Bank of Baroda. The move will help create a strong globally competitive…
RBI offers relief to MSMEs; allows restructuring of debt up to Rs 25 crore
AMN / NEW DELHI Reserve Bank has allowed a one-time restructuring of existing debt of up to Rs 25 crore for the companies which have defaulted on payment but the…
Sale of seventh tranche of SBI electoral bonds begins
WEB DESK The seventh tranche of electoral bonds sale began today. It will continue till 10th of this month. The State Bank of India, SBI has been authorised to issue…