Topics: Government

Ex-Finance Minister P Chidambaram, “Govt needs to put money in the hands of poor for demand growth”

Speaking in the parliament on Friday, Congress leader and ex-finance minister P. Chidambaram said, “A classic solution for reviewing the sluggish economy is by...

A deep-dive into the Union Budget 2020 announcements

The Union Budget for FY21 is a progressive initiative and is an “investment in medium to long term economic development” and should be viewed...

Coronavirus Outbreak: Air passengers from Singapore and Thailand will be screened at Mumbai

With the effort to secure the citizens from the coronavirus infection, the government of Maharashtra on Monday said, “From February 3, the air passengers...

“Allowing NBFCs to finance invoices of MSMEs through TReDs will give clear access to the fund,” Says CMA B Mallikarjun Gupta

Speaking on the budget, tabled by Finance Minister Nirmala Sitharaman on Saturday, CMA B Mallikarjun Gupta, Chief Taxologist at Logo Infosoft said that “Fake...

Coronavirus Outbreak: Over $420 billion wipes out from China's stock market

Investors erased $420 billion from China's benchmark stock index on January 3, sold the yuan and dumped commodities as fears about the spreading novel...
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Coronavirus Outbreak: Tesla to shut down Shanghai factory after China order

Amind of the recent outbreak of novel coronavirus in the country, The Chinese government has ordered the American electric automaker, Tesla, to shut down...

IKEA closes all its stores after coronavirus outbreak in china

Swedish largest furniture retailer, IKEA has announced to temporarily close all its stores in China. In a statement issued, the company, said, “We are working...

Japan worries about economy risk from Wuhan virus outbreak

Japanese Economy Minister Yasutoshi Nishimura on Tuesday warned that corporate profits and factory production might take a hit from the coronavirus outbreak in China...

Startup India tableau to be the part of Republic Day 2020 parade

The Department for Promotion of Industry, and Internal Trade (DPIIT) has said that “The Ministry of Commerce and Industry will showcase a tableau on...

To fight with coronavirus, China is building 1,000 bed hospital in City of Wuhan

The Chinese city of Wuhan is rapidly building a new 1,000-bed hospital to treat victims of a new coronavirus, mobilising machinery to get it...
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Military Radar: Upgradation of Existing Systems and Equipment Will Ease the Growth Process

As the global military radar market size is expected to reach USD 19.56 billion by 2026, exhibiting a CAGR of 4.21% during the forecast...

Abu Dhabi announces $200 million as financial aid to support SMEs in Pakistan

In an attempt to support small and medium-sized enterprises (SMEs), the Crown prince of Abu Dhabi 'Sheikh Mohammed bin Zayed' has announced the financial...

Union Power Minister: No power crisis in India

Declaring that there is no power crisis in the country, Union Power Minister R K Singh on Thursday said India has installed power generation...

China's consumer inflation at eight-year high

China's consumer inflation climbed to nearly eight-year peaks in November as pork prices doubled, but factory-gate prices remained in the red, adding to uncertainty...

Priyanka Gandhi: "Modi Government waiving loans of his rich friend's, by cutting education budget"

Congress leader Priyanka Gandhi Vadra on Monday hit out at the Centre over reports that there would be a significant cut in the school...
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No proposal under consideration for education loan waiver: FM Nirmala Sitharaman

The government on Monday said there is no proposal under consideration for waiver of education loans. In the last three years from 2016-17 to March...

Founders exits as Google under the antitrust radar

San Francisco: Google’s cofounders are relinquishing their executive positions just as state and federal regulators, not to mention the Department of Justice and Congress,...

Kumar Mangalam Birla: Vodafone-Idea may opt for insolvency in absence of government relief

Kumar Mangalam Birla, the Chairman of Aditya Birla Group on Friday, said that "Vodafone Idea will shut the shop and opt for insolvency if...

Japan approves 26 trillion yen as economic stimulus package to combat overseas risks

Japan's cabinet approved an economic stimulus package worth 26 trillion yen ($239 billion) with fiscal spending of 13.2 trillion yen, aimed at preventing overseas...

Iran OPEC envoy: "Tehran would back majority decision to cut oil output"

Iran would support a majority decision by members of the Organization of the Petroleum Exporting Countries (OPEC) to cut oil production, the country's OPEC...
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Government's new privacy bill may force social media platforms to offer user verification option: Reports

Government's proposed new privacy bill may require large social media platforms to offer an identity-verification option, a potentially precedent-setting effort to rein in the...

India making sixth interest rate cut, still no cure for economy

Five interest rate cuts since the start of the year hasn't stopped India's economy from slowing to its weakest growth rate since 2013, but...

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...
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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...
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