PFC to raise foreign currency borrowing going ahead : CMD

PFC to raise foreign currency borrowing going ahead : CMD

🕔16:48, 8.Sep 2020

New Delhi, Sep 8 Power Finance Corporation (PFC) is likely to increase foreign currency borrowing going ahead, said Ravinder Singh Dhillon, the CMD of the company. In his speech at the 34th Annual General Meeting of PFC, Dhillon said that

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India, China accuse each other of firing warning shots, escalating tension

India, China accuse each other of firing warning shots, escalating tension

🕔12:28, 8.Sep 2020

New Delhi, Sep 8  India and China accused each other of indulging in a fresh skirmish at the Line of Actual Control (LAC) in Eastern Ladakh, where troops fired warning shots in the air to scare and push back each

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Israeli Parliament approves $2.1bn plan to aid economy

Israeli Parliament approves $2.1bn plan to aid economy

🕔12:25, 8.Sep 2020

Tel Aviv, Sep 8  The Israeli Parliament has approved a plan to support and accelerate the country’s coronavirus-hit economy, a spokesperson said. The plan unveiled on Monday night totals 7.2 billion new shekels ($2.1 billion), initiated by Finance Minister Israel

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‘Bharat Dynamics’ shares fall 13% as Centre plans 15% stake sale

‘Bharat Dynamics’ shares fall 13% as Centre plans 15% stake sale

🕔12:23, 8.Sep 2020

Mumbai, Sep 8 Shares of Bharat Dynamics plunged 13 per cent on Tuesday as the Union government has announced to sell up to 15 per cent stake in the PSU through an offer for sale (OFS). Through the offer for sale

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FinMin reaches out to states again, says entire GST dues to be paid

FinMin reaches out to states again, says entire GST dues to be paid

🕔12:22, 8.Sep 2020

New Delhi, Sep 8  The Centre has reached out to the states again clarifying that it would pay entire GST compensation dues to them amid the mounting opposition over the borrowing options proposed in lieu of the shortfall in indirect

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With 1,133 deaths, India witnesses highest single-day toll

With 1,133 deaths, India witnesses highest single-day toll

🕔12:19, 8.Sep 2020

New Delhi, Sep 8 After breaching single day records of highest Covid cases in the world going past 90,000, India on Tuesday said it has registered 75,809 fresh cases in 24 hours, when it marked the largest spike in deaths in

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1st batch of Russian vaccine produced for civilian circulation

1st batch of Russian vaccine produced for civilian circulation

🕔12:18, 8.Sep 2020

Moscow/New Delhi, Sep 8 In some good news for millions living in hope for a Covid-19 vaccine shot, the Russian Health Ministry said on Tuesday that the first batch of Sputnik V vaccine has been produced for civilian circulation. The supplies

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Pradhan seeks resumption of Shramik Special trains from Odisha

Pradhan seeks resumption of Shramik Special trains from Odisha

🕔11:20, 8.Sep 2020

Bhubaneswar, Sep 8 Union Petroleum and Steel Minister Dharmendra Pradhan has requested Railway Minister Piyush Goyal for the resumption of Shramik Special train services from Odisha to other states to facilitate the return of migrant workers to their workplaces. In a

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Unicef to lead global supply of Covid-19 vaccine

Unicef to lead global supply of Covid-19 vaccine

🕔08:32, 8.Sep 2020

United Nations, Sep 8  In what could possibly be the world’s largest and fastest ever procurement and supply of vaccines, the United Nations Children’s Fund (Unicef) has said that it will lead efforts for Covid-19 vaccine supply for 92 low

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Maha sees new high daily Covid toll but new cases decline

Maha sees new high daily Covid toll but new cases decline

🕔08:29, 8.Sep 2020

Mumbai, Sep 8  Maharashtra on Monday saw a new high daily Covid-19 toll of 423 deaths though fresh cases drastically fell by nearly a third, health officials said. With 16,429 new cases – against 23,350 on Sunday, the state tally

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PNGRB may allow restoration period for city gas providers: ICRA

PNGRB may allow restoration period for city gas providers: ICRA

🕔08:28, 8.Sep 2020

New Delhi, Sep 8  Apart from the new ‘Force Majeure’ (FM) guidelines, the Petroleum and Natural Gas Regulatory Board may allow for a “restoration period” to city gas distribution (CGD) companies to resume project execution, ratings agency ICRA said on

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RBI accepts Kamath-led panel’s suggestions on resolving Covid-linked stress

RBI accepts Kamath-led panel’s suggestions on resolving Covid-linked stress

🕔08:27, 8.Sep 2020

Mumbai, Sep 8  The Reserve Bank of India (RBI) on Monday said that it has broadly accepted the recommendations of the K.V. Kamath-led Expert Committee on Resolution Framework for Covid-19-related stress. The expert committee has recommended financial parameters including aspects

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RIL moves to hive off oil-to-chemicals biz for investors

RIL moves to hive off oil-to-chemicals biz for investors

🕔08:26, 8.Sep 2020

New Delhi, Sep 8  Reliance Industries Ltd (RIL) has announced an arrangement for hiving off its O2C (oil to chemicals) business into a wholly-owned subsidiary, which can attract investors. In a regulatory filing, RIL said the rationale of the scheme

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SBI notice to BPSL ex-promoter Sanjay Singal to recover over Rs 12K cr

SBI notice to BPSL ex-promoter Sanjay Singal to recover over Rs 12K cr

🕔08:23, 8.Sep 2020

New Delhi, Sep 8  The State Bank of India (SBI) has invoked the personal guarantees of Sanjay Singal, former promoter of Bhushan Power & Steel Ltd (BPSL), and has sent him a demand notice for recovery of Rs 12,275.91 crore.

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Rs 1.61 lakh cr worth of loans sanctioned to MSMEs under ECLGS

Rs 1.61 lakh cr worth of loans sanctioned to MSMEs under ECLGS

🕔08:20, 8.Sep 2020

New Delhi, Sep 8  Banks have so far sanctioned loans amounting to Rs 1.61 lakh crore to MSMEs under the Emergency Credit Line Guarantee Scheme (ECLGS), the government said on Monday. “As of 03 Sept 2020, the total amount sanctioned

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Jaishankar likely to stopover in Iran enroute to Moscow

Jaishankar likely to stopover in Iran enroute to Moscow

🕔08:17, 8.Sep 2020

New Delhi, Sep 8 External Affairs Minister S. Jaishankar is expected to hold a bilateral meeting with his Chinese counterpart Wang Yi in Moscow during his 4-day visit to Russia. People familiar with developments say Jaishankar is likely to have a

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‘Congratulations’, says PM as India enters elite missile club

‘Congratulations’, says PM as India enters elite missile club

🕔08:15, 8.Sep 2020

New Delhi, Sep 8 Prime Minister Narendra Modi congratulated the Defence Research and Development Organisation (DRDO) for successfully demonstrating the hypersonic air-breathing scramjet technology with the flight test of the Hypersonic Technology Demonstration Vehicle (HSTDV) on Monday morning from the APJ

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ED arrests Chanda Kochhar’s husband Deepak in Rs 1,730 cr ICICI loan case

ED arrests Chanda Kochhar’s husband Deepak in Rs 1,730 cr ICICI loan case

🕔08:06, 8.Sep 2020

New Delhi/Mumbai, Sep 8  In a major action, the Enforcement Directorate (ED) on Monday arrested Deepak Kochhar, husband of former ICICI Bank CEO Chanda Kochhar, in connection with the ICICI Bank loan case. A top ED official told IANS, “Deepak

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NBCC tells SC: Completed 230 units in Amrapali project

NBCC tells SC: Completed 230 units in Amrapali project

🕔08:05, 8.Sep 2020

New Delhi, Sep 8  The NBCC informed the Supreme Court on Monday that it has completed construction work on 230 units and handed them over to the court-appointed receiver for the Amrapali housing project. During the hearing, the NBCC informed

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Taj, Agra Fort to reopen from September 21

Taj, Agra Fort to reopen from September 21

🕔08:04, 8.Sep 2020

Agra, Sep 8  The Taj Mahal and the Agra Fort would be reopened for public viewing from September 21, it was announced on Monday. Agra District Magistrate P.N. Singh made the announcement in a tweet. Guidelines for social distancing and

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