Economies across the globe witnessed Covid-led contraction

Economies across the globe witnessed Covid-led contraction

🕔08:12, 1.Sep 2020

New Delhi, Sept 01  While India reported a contraction of 23.9 per cent in the first quarter GDP, the economies across the globe also witnessed a contraction, replicating a negative trend. Here is a look at the global economies. The

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Quake hits Manipur, no damage reported

Quake hits Manipur, no damage reported

🕔08:04, 1.Sep 2020

Imphal, Sept 01  A ‘moderate’ quake, measuring 3.7 on the Richter scale, jolted Manipur on Monday night, causing panic among people, officials said. According to the state Disaster Management officials, no loss of life or property has been reported as

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Railways completes solar power installations at 960 stations

Railways completes solar power installations at 960 stations

🕔08:03, 1.Sep 2020

New Delhi, Sept 01  In a bid to achieve the objective of 100 per cent self-sustainability for all power needs, the Indian Railways has completed the task of installing solar power plants at 960 stations and ordered solar power panels

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‘A true friend’: B’desh Prez, PM condole Pranab Mukherjee’s demise

‘A true friend’: B’desh Prez, PM condole Pranab Mukherjee’s demise

🕔08:01, 1.Sep 2020

Dhaka, Sept 01  Bangladesh President Abdul Hamid and Prime Minister Sheikh Hasina on Monday extended their condolences over the demise of former Indian President Pranab Mukherjee, calling him as a “true friend” of Bangladesh and “guardian” to Hasina and her

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Reliance takes over Future: Major consolidation of organised grocery retail

Reliance takes over Future: Major consolidation of organised grocery retail

🕔07:58, 1.Sep 2020

New Delhi, Sept 01  Reliance takeover of Future Group’s retail business marks a major consolidation in the Indian organised retail sector, with two of the top three players merging. A research report by foreign brokerage, Credit Suisee said the Reliance

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L&T divests E&A business to Schneider Electric for Rs 14,000 cr

L&T divests E&A business to Schneider Electric for Rs 14,000 cr

🕔07:56, 1.Sep 2020

New Delhi, Sept 01  Larsen & Toubro (L&T) on Monday announced the closure of the strategic divestment of its Electrical and Automation (L&T E&A) business to Schneider Electric, a global player in energy management and automation for Rs 14,000 crore.

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RBI announces more measures for orderly market conditions

RBI announces more measures for orderly market conditions

🕔07:55, 1.Sep 2020

Mumbai, Sept 01  The Reserve Bank of India (RBI) on Monday announced additional steps to ensure orderly market conditions and congenial financial conditions, including conducting a special open market operation and a repo term operation. In a statement, the RBI

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India Inc on fund raising spree amid Covid, garners Rs 3.46 lakh cr

India Inc on fund raising spree amid Covid, garners Rs 3.46 lakh cr

🕔07:21, 1.Sep 2020

New Delhi, Sept 01  In the midst of a difficult economic environment caused by the Covid-19 pandemic, India Inc has raised a massive Rs 3.46 lakh crore in the five months between April and August. An analysis by Antique Stock

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States to get 2 years for DBT, a/cs with discoms to be used: Power Minister

States to get 2 years for DBT, a/cs with discoms to be used: Power Minister

🕔07:20, 1.Sep 2020

New Delhi, Sept 01  In a sharp deviation from the practised model of cash transfers, the government proposes to initiate direct benefit transfer (DBT) in the power sector by making payment of subsidy into the accounts of consumers maintained by

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Special Frontier Force officer on recce at LAC killed in mine blast

Special Frontier Force officer on recce at LAC killed in mine blast

🕔07:15, 1.Sep 2020

New Delhi, Sep 1  A Special Frontier Force officer was killed and another personnel of the force seriously injured in a landmine blast, while they were on a reconnaissance mission at the Line of Actual Control, sources said. A special

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