Topics: Government

RBI's subsidiary DICGC says, "Depositors in failed and liquidated bank to get only Rs 1 lakh as insurance cover"

Depositors in failed and liquidated banks will get only up to Rs 1 lakh as insurance cover, regardless of the amount in their accounts,...

Huawei Technologies gauges interest among lenders for a loan up to $1.5bn

Chinese telecommunications giant Huawei Technologies is back for its second offshore loan this year, gauging interest among lenders for a loan of up to...

Singapore govt orders Facebook to correct post under anti-fake news law

The Singapore government on Friday ordered social media giant Facebook to correct a post made by one of its users, marking one of the...

Government extends mandatory roll-out date for FASTag to Dec 15

The government on Friday extended till Dec 15 the date for making FASTag mandatory for toll payments on national highways. It said it will now...

Union Minister Nitin Gadkari calls carmakers to focus on alternative fuel vehicles

Terming huge crude oil import a "big economic challenge" for the country, Union Minister Nitin Gadkari on Wednesday urged automakers to focus on alternative...

Government raises the authorised capital of FCI to Rs 10,000 crore

In an attempt to infuse the additional capital in its state-owned company, the Government of India has increased the authorised capital of Food Corporation...

Indian Railways has generated Rs 139.20 crore from sale of platform tickets in 2018-19

Railways earned Rs 139.20 crore from the sale of platform tickets in 2018-19 and Rs 78.50 crore till September this fiscal, the ministry informed...

Sitaram Yechury: Narendra Modi Government must bring a white paper on the status of Indian economy

CPI(M) general secretary Sitaram Yechury on Wednesday demanded that the government bring out a white paper on the status of the economy referring to...

China at G20 meeting: The United States is world’s biggest source of instability

The United States is the world's biggest source of instability and its politicians are going around the world baselessly smearing China, the Chinese government's...

Centre to impose 25% safeguard duty on imports of single-mode optical fiber

The Centre is considering a 25 percent provisional safeguard duty on the import of single-mode optical fibre, used for signal transmission. This follows a Commerce...

Bank Of England keeps its interest rate at 0.75%, alters UK growth forecasts at 1.4% for 2019

The Bank of England (BoE) has left its main interest rate at 0.75 percent, it said on November 7 after a regular meeting and...

IMF Chief Kristalina Georgieva says, “Global debt surges record-high to $188 trillion”

The global debt load has surged to a new all-time record equivalent to more than double the world's economic output, IMF chief Kristalina Georgieva...

Congress General Secretary Priyanka Gandhi slams BJP govt on the state of the economy

Congress general secretary Priyanka Gandhi Vadra on Thursday attacked the BJP government over the state of the economy, saying those ruling the country are...

RBI Deputy Governor Viral Acharya: Govt of India needs to undertake heavy disinvestment programme

The Indian government needs to reduce its reliance on bond markets and undertake a heavy disinvestment programme along with urgently implementing land, labour and...

US Job growth for October shows less than expected: Reports

US job growth slowed less than expected in October as the drag from a strike at General Motors was offset by gains elsewhere, while...

Britain will not appoint new BoE Governor before Dec. 12 election

Britain's government will not name a successor to Bank of England Governor Mark Carney before a national election due on Dec. 12, a finance...

Bank of Japan keeps monetary policy steady, brings new forward guidance on rates

The Bank of Japan kept its monetary policy steady on Thursday but introduced new forward guidance to more clearly signal the future chance of...

UK Govt can struggle to pass Brexit legislative timetable

Prime Minister Boris Johnson may struggle to pass his legislative timetable on Tuesday to lead the United Kingdom out of the European Union in...

Piyush Goyal says, Economic slowdown is in cyclic structure; Its right time to invest in India

Commerce and Industry Minister Piyush Goyal on October 15 said that the recent economic slowdown is a cyclic structural adjustment, and it is the...

FM Nirmala Sitharaman: Will honour contractual commitments under various energy pacts

Finance Minister Nirmala Sitharaman on Monday, October 14, 2019, assured investors that India will honour contractual commitments under various energy agreements. “Commitments shall be honoured...

World Bank slashes India’s growth forecast to 6 percent, Warns “Severe” Slowdown

The World Bank on Sunday slashed its growth forecast for India's current fiscal year to 6 percent, down from 7.5 percent, warning that the...

U.S. Tech awakening, hundreds of Google, Amazon workers join climate change marches

SAN FRANCISCO: Hundreds of workers from Google, Amazon and other technology companies on Friday joined climate-change marches in San Francisco and Seattle, saying their...

Chandrayaan-2 mission has achieved 98% of its objectives: ISRO chief K Sivan

Indian Space Research Organisation (ISRO) Chairman K Sivan on September 21 said the Chandrayaan-2 mission has achieved 98 percent of its objectives, even as...

Area 51 craze lures festive UFO hunters

Nevada: UFO enthusiasts drawn by alien-themed festivities have poured into rural Nevada near the Area 51 US military base, but fears of a mass...

Donald Trump says, “China is a threat to world”

Expressing concern over China's growing military might, US President Donald Trump has said the Communist nation is a threat to the world and blamed...

DCC approves Rs 8,588 cr telecom infra projects

The Digital Communication Commission on Thursday approved various telecom infrastructure projects, including roll out of more than 3,500 mobile towers for 4G services in...

Exxon Mobil, Royal Dutch Shell among groups to build five LNG terminals in Pakistan

Pakistan has approved the construction of five liquefied natural gas (LNG) terminals by groups that include Exxon Mobil Corp and Royal Dutch Shell, aiming...

Nirmala Sitharaman announces ban on e-cigarettes

The Union Cabinet has proposed the ordinance for the complete ban on the sales and manufacturing of e-cigarettes inside the country. Speaking to the press,...

United States unveils plans to extend scrutiny of foreign investments

The US government outlined more detail on September 17 on its plans to beef up foreign investment oversight, including a proposal to permit the...

Government scraps 5 percent import duty on open cell TV panel

In a bid to boost domestic manufacturing, the government has removed 5 per cent custom duty imposed on import of open cell TV panel,...

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