BUSINESS AWAAZ

Jute mills to be shut down in Bangladesh

AMN / DHAKA Government of Bangladesh has decided to shut down all the state-run jute mills in the country due to recurring losses and low productivity. Textile and Jute Minister of Bangladesh Golam Dastagir Gazi said on Sunday said that the state owned Bangladesh Jute Mills Corporation (BJMC) will be provided 5000 crore Taka by … Continue reading Jute mills to be shut down in Bangladesh

Govt. extends deadline to bid for Air India by two months till 31st August

AMN The government has again extended the deadline to bid for Air India by two months till 31st August. This is the third time the deadline has been extended. The divestment process for the national carrier was initiated on 27th of January this year. Issuing a corrigendum to the Expression of Interest (EoI) for sale … Continue reading Govt. extends deadline to bid for Air India by two months till 31st August

Statistics Day 2020 to be celebrated virtually

AMN / NEW DELHI IN view of the travel and safety advisories on account of the global COVID-19 pandemic, this year the Statistics Day,2020 will be celebrated virtually. The day is celebrated on June 29. The government has been celebrating Statistics Day, to popularise the use of statistics in everyday life and sensitise the public … Continue reading Statistics Day 2020 to be celebrated virtually

PM calls for people’s participation towards self-reliant India

AMN PM Modi in his Mann Ki Baat programme today, He said, no mission can be successfully achieved without people’s participation. He urged the citizens to strive for a self-reliant India with their collective resolve, commitment and support. Mr. Modi said, when people buy local, become vocal for local they play a role in strengthening … Continue reading PM calls for people’s participation towards self-reliant India

RBI extends enhanced borrowing limit to banks under MSF

AMN Amid the economic woes created by the Coronavirus pandemic, the Reserve Bank of India (RBI) has decided to extend the enhanced borrowing facility provided to the banks to meet their liquidity shortages till September 30. The RBI, as a temporary measure, had increased the borrowing limit of scheduled banks under the marginal standing facility … Continue reading RBI extends enhanced borrowing limit to banks under MSF

Govt allows Indian Airlines to increase domestic flights from 33 to 45%

AMN / Staff Reporter / New Delhi The government today allowed Indian airlines to increase number of domestic passenger flights from 33 per cent to 45 per cent of their pre-COVID capacity. The Ministry of Civil Aviation had restarted domestic passenger services from 25th of May after a gap of two months due to lockdown … Continue reading Govt allows Indian Airlines to increase domestic flights from 33 to 45%

Piyush Goyal asks NPC to work closely with all the stakeholders

AMN The 49th Governing Council Meeting of National Productivity Council (NPC) was held under the Chairmanship of Commerce and Industry Minister Piyush Goyal through video- conferencing. Mr Goyal suggested that adoption of technology and digital economy is going to play a vital role in not only transforming the business enterprises in the future, but also … Continue reading Piyush Goyal asks NPC to work closely with all the stakeholders

President Kovind promulgates Banking Regulation (Amendment) Ordinance 2020

AMN / NEW DELHI President Ram Nath Kovind has promulgated the Banking Regulation (Amendment) Ordinance, 2020 in pursuance of the commitment to ensure safety of depositors across banks. The Ordinance amends the Banking Regulation Act, 1949 as applicable to Cooperative Banks. It seeks to protect the interests of depositors and strengthen cooperative banks by improving … Continue reading President Kovind promulgates Banking Regulation (Amendment) Ordinance 2020

Govt may allow more flights on domestic routes

International flights to remain suspended till July 15 Sanjay Singh / New Delhi India’s civil aviation regulator Directorate General of Civil Aviation (DGCA) today said has decided to suspend all international scheduled commercial flight operations in the country till July 15. But India may allow some international flights on selected route on case to case … Continue reading Govt may allow more flights on domestic routes

IMF sharply lowers forecast for global growth this year

WEB DESK International Monetary Fund (IMF) has sharply lowered its forecast for global growth this year, saying the coronavirus pandemic is causing a much steeper recession and a slower recovery than initially expected. IMF predicts that the global economy will shrink 4.9 per cent this year, significantly worse than the 3 per cent drop it … Continue reading IMF sharply lowers forecast for global growth this year

SPORTS

SPORTS: Foreign and Indian coaches will now have a four-year contract

WEB DESK Foreign and Indian coaches for training Indian Athletes will now have a four-year contract in alig ...

Tennis player Grigor Dimitrov tests positive for Covid-19

WEB DESK Grigor Dimitrov confirmed in a social media post on Sunday that he has tested positive for Covid-1 ...

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TECH AWAAZ

India poised to emerge as world’s largest electronics and mobile manufacturing country

AMN India is poised to emerge as the world’s largest electronics and mobile manufacturing country. Union ...

Bill Gates leaves Microsoft

Bill Gates and wife Melinda WEB DESK Microsoft Co-founder Bill Gates has left the Board of directors of ...

MARQUEE

Tourism Ministry conducts webinar on ‘Vedic Food and Spices of India’

WEB DESK To showcase the benefits about our country’s ancient form of health science, Tourism Ministry co ...

Kerala CM’s Daughter get married to CPI-M Youth Leader Mohammed Riyas

AMN / THRIVUANANTHAPURAM Kerala Chief Minister Pinarayi Vijayan's daughter Veena Thayikkandiyil, a software ...