at CII For Greater Industrial Activities in Districts With High Economic Performance By www.news18.com Published On :: Sun, 3 May 2020 04:17:51 +0530 The government has permitted industrial estates, SEZ and industrial townships with restricted entry within urban areas of 'red zones' to commence operations. Full Article
at Days After Facebook Deal, Jio Platforms Gets Rs 5,655.75 Crore Investment from Silver Lake By www.news18.com Published On :: Mon, 4 May 2020 10:13:29 +0530 The deal comes less than two weeks after Facebook spent $5.7 billion to buy a 9.99 percent stake in Jio. The Facebook-Jio deal was the social media network’s biggest since its $22 billion buyout of WhatsApp in 2014. Full Article
at India Doubles Down on Solar, Gas at Coal's Expense as Electricity Use Falls By www.news18.com Published On :: Mon, 4 May 2020 10:19:15 +0530 India's solar and gas-fired electricity generation rose in April even as overall power demand fell at the steepest monthly rate in at least thirteen years, a Reuters analysis of provisional government data showed. Full Article
at Indian State Retailers' April Petrol Sales Down 61%, Diesel by 57%: Sources By www.news18.com Published On :: Mon, 4 May 2020 01:21:41 +0530 The state retailers' petrol and diesel sales in first half of April declined by 61% and 64%, respectively, as a nation-wide lockdown to curb the spread of the coronavirus brought economic activity to a standstill. Full Article
at Remdesivir Expected to be Available for Covid-19 Patients from Next Week: Top Company Official By www.news18.com Published On :: Mon, 4 May 2020 03:38:04 +0530 Remdesivir is authorised for the treatment of hospitalised patients with severe Covid-19 disease though the optimal duration of treatment is still being studied in ongoing clinical trials. Full Article
at US Retailer J. Crew Files for Bankruptcy: Statement By www.news18.com Published On :: Mon, 4 May 2020 05:25:11 +0530 The brand, whose clothes have been worn by former first lady Michelle Obama, said online sales operations, which account for more than half its revenues, will continue as normal. Full Article
at Bharat Petroleum Seeks LNG Cargo for May 25 Delivery, Says Report By www.news18.com Published On :: Mon, 4 May 2020 06:47:22 +0530 Bharat Petroleum was seeking to buy a May 25 delivery cargo two weeks ago, but the tender was not awarded then, market sources said previously. Full Article
at RBI Governor Meets NBFCs and MFs Sector, Reviews Liquidity Situation By www.news18.com Published On :: Mon, 4 May 2020 07:08:19 +0530 Sectoral meetings, held separately in two sessions through video conference, were also attended by Deputy Governors and other senior officers of RBI. Full Article
at Homeward Bound: Villages Are The New Go-to Destinations, But Jobs Will Return to Cities Faster By www.news18.com Published On :: Mon, 4 May 2020 11:09:26 +0530 It could well be economically rewarding if the workers managed to get back to work in the cities and towns where they were engaged in before the lockdown, only if appropriate welfare measures reach them. Full Article
at RBI May Extend Moratorium on Loans by Another 3 Months By www.news18.com Published On :: Mon, 4 May 2020 10:11:30 +0530 Suggestions from various quarters, including from Indian Banks' Association, have come for the further extension of moratorium and the RBI is actively considering them, according to sources. Full Article
at Petrol Price in Delhi Hiked by Rs 1.67 Per Litre, Diesel by Rs 7.10 as Govt Raises VAT By www.news18.com Published On :: Tue, 5 May 2020 12:36:40 +0530 Petrol in Delhi now costs Rs 71.26 a litre as against Rs 69.59 previously, oil industry sources said. Full Article
at Tata Steel Leaves Indian Steel Association; TV Narendran Steps Down as President By www.news18.com Published On :: Tue, 5 May 2020 11:48:53 +0530 An ISA official also confirmed Narendran's resignation but said the reason for his sudden resignation is not known yet. Full Article
at US Financial Body Gives $15 Mn Loan to Indian Start-up to Expand Access to Quality Education By www.news18.com Published On :: Tue, 5 May 2020 02:09:26 +0530 An American financial organisation has agreed to sanction USD 15 million loan to an Indian education start-up to expand the access to quality education by providing critical financing to schools that serve low-income students in India. Full Article
at Commerce Ministry Recommends Continuation of Anti-dumping Duty on Chinese Chemical By www.news18.com Published On :: Tue, 5 May 2020 02:22:25 +0530 Imposition of anti-dumping duty is permissible under the World Trade Organization (WTO) regime. India and China are members of this Geneva-based organisation, which deals with global trade norms. Full Article
at State-owned Bank NPAs May Rise in FY21, Govt's Fiscal Deficit to Widen: Bank Of America By www.news18.com Published On :: Tue, 5 May 2020 05:28:06 +0530 Analysts agree that Covid-19 pandemic will lead to an increase in bank's gross non-performing assets with some reports pegging the stock to double as well. Full Article
at Parliament Has Competence to Make Laws Regarding Recovery of Loans for Cooperative Banks: SC By www.news18.com Published On :: Tue, 5 May 2020 09:31:18 +0530 The SC said cooperative banks cannot carry on any activity without compliance of the provisions of the Banking Regulation Act, 1949 and any other legislation applicable to such banks relatable to 'Banking'. Full Article
at Govt Hikes Excise Duty on Petrol by Rs 10 a Litre, Diesel by Rs 13 a Litre; No Change in Retail Rates By www.news18.com Published On :: Wed, 6 May 2020 12:02:43 +0530 These duty rate changes will come into effect from May 6. Full Article
at EPFO Allows Employers to Register Digital Signatures via Email By www.news18.com Published On :: Wed, 6 May 2020 04:42:51 +0530 Currently, authorised persons of employers have to go to the Employees' Provident Fund Organisation (EPFO) offices to get their digital signatures registered. Full Article
at US Private Hiring Collapses in April, Plunging 20.2 Million, Says Payroll Firm ADP By www.news18.com Published On :: Wed, 6 May 2020 07:14:00 +0530 However, the data only reflect company payrolls through April 12 so the report does not reflect the full impact of COVID-19 on the overall employment situation. Full Article
at MSMEs Need Govt Push to Benefit from Comparative Advantage over China-made Consumer Goods: Report By www.news18.com Published On :: Thu, 7 May 2020 02:47:55 +0530 It further said that although 2020 is a lost year, in terms of trade, India can think long-term and build relations so that it can occupy the space vacated by China. Full Article
at India to Send Investment Pitches to More Than 1,000 American Companies to Relocate From China: Report By www.news18.com Published On :: Thu, 7 May 2020 10:16:32 +0530 India is prioritizing medical equipment suppliers, food processing units, textiles, leather and auto part makers among more than 550 products covered in the discussions. Full Article
at SBI Cuts Benchmark Lending Rate by 15 Basic Points, New Special Deposit Scheme For Senior Citizens By www.news18.com Published On :: Thu, 7 May 2020 04:03:48 +0530 Under this new product, an additional 30 basis points premium will be payable for senior citizen's retail term deposits with "5 Years & above" tenor only. Full Article
at Yes Bank Creates Stressed Asset Management Vertical to Resolve NPA Accounts By www.news18.com Published On :: Thu, 7 May 2020 06:13:25 +0530 Yes Bank's board had to be superseded by the RBI and the government earlier this year after alleged mismanagement under its founder CEO Rana Kapoor. Full Article
at Govt Buys 216 Lakh Tonnes Wheat from Farmers at MSP so far, More Than Half of Target By www.news18.com Published On :: Thu, 7 May 2020 09:14:34 +0530 The procurement of wheat and rice (second crop) during the ongoing Rabi season has picked up pace despite severe logistical constraints posed due to countrywide lockdown," the food ministry said in a statement. Full Article
at Petrol, Diesel to Cost More in Rajasthan with Third Hike in VAT Rates amid Covid-19 Lockdown By www.news18.com Published On :: Thu, 7 May 2020 10:33:34 +0530 The state government on Thursday increased the VAT on petrol to 38 per cent from 36 per cent earlier while on diesel to 28 per cent from 27 per cent earlier. Full Article
at SBI Hikes Home Loan Rates by Up to 30 Basis Points By www.news18.com Published On :: Thu, 7 May 2020 10:53:26 +0530 The lender has also hiked interest rates on personal loans against property by 30 basis points. Full Article
at Sebi Asks Franklin Templeton Mutual Fund to Focus on Returning Investors' Rs 25,000 Crore at Earliest By www.news18.com Published On :: Thu, 7 May 2020 11:21:40 +0530 Sebi also said 'some mutual fund schemes' continued to invest in high risk and 'opaque' debt securities despite the regulatory framework having been amended for safeguarding investors' interest. Full Article
at Asia Stocks Poised to Rise as Upbeat Earnings Trump Jobs Gloom By www.news18.com Published On :: Fri, 8 May 2020 08:08:39 +0530 The upbeat sentiment follows gains of over 1% in main U.S. and European stock indexes on Thursday. Full Article
at India's Rating Outlook Reflects Rising Risk of Slower GDP Growth, Low Policy Effectiveness: Moody's By www.news18.com Published On :: Fri, 8 May 2020 11:12:27 +0530 Moody's Investors Service on Friday said the negative outlook on India's rating reflects increasing risks that GDP growth will remain significantly lower than in the past and partly hints at weaker policy effectiveness to address economic and institutional issues. Full Article
at Coronavirus Lockdown: PSBs Have Sanctioned Loans Worth Rs 42,000 Crore To MSMEs, Corporates So Far By www.news18.com Published On :: Fri, 8 May 2020 07:00:26 +0530 Many MSMEs and corporates have also availed the three-month moratorium offered by banks as per the Reserve Bank of India Full Article
at CII Bats for Immediate Stimulus Package of Rs 15 Lakh Crore By www.news18.com Published On :: Fri, 8 May 2020 08:19:58 +0530 Confederation of Indian Industry said a substantive stimulus is required from the government in the form of support to the poor and to the industry. Full Article
at Bank Credit Up 6.74% to Rs 102.69 Lakh Crore, Deposits Rise 9.82%: RBI Data By www.news18.com Published On :: Fri, 8 May 2020 10:50:13 +0530 In the year-ago fortnight, bank loans had stood at Rs 96.20 lakh crore and deposits at Rs 124.83 lakh crore. Full Article
at CBDT Defers Requirement of Registration of Charitable, Religious Trusts by 4 Months Till October 1 By www.news18.com Published On :: Fri, 8 May 2020 11:36:47 +0530 Earlier, such registrations/approvals were granted without any specific expiry period unless specifically withdrawn by concerned tax authority. Full Article
at To Woo Investors Pulling Out of China, UP Min Takes Suggestions from European Delegates on Improving Biz By www.news18.com Published On :: Sat, 9 May 2020 02:38:06 +0530 Sidharth Nath Singh informed the participants, through video conferencing, about the developmental projects being undertaken in the state; including the Jewar Airport, said to be key to improving the state's airways connectivity. Full Article
at ED Attaches AJL Mumbai Building Asset Worth Rs 16.38 Crore, Charges Moti Lal Vora By www.news18.com Published On :: Sat, 9 May 2020 03:28:12 +0530 The Associated Journals Limited (AJL) is controlled by senior Congress leaders, including members of the Gandhi family. Full Article
at Ex-RBI Governor Rangarajan Heads Committee to Look at Tamil Nadu's Post-virus Fiscal Challenges By www.news18.com Published On :: Sat, 9 May 2020 06:29:02 +0530 According to the Tamil Nadu government, the committee comprises economists, industrialists, vice chancellors, bankers, government officials and others. Full Article
at Coronavirus Forces Cancellation of Japan Sumo Tournament By www.news18.com Published On :: Mon, 4 May 2020 05:44:41 +0530 The next sumo 'basho' or tournament had been scheduled to begin on May 24, after organisers delayed the event by two weeks over the pandemic. Full Article
at Stage Set for Online Nations Cup Chess Tournament; Viswanathan Anand to Lead 5th Seeded India By www.news18.com Published On :: Mon, 4 May 2020 07:17:12 +0530 India will be represented by Viswanathan Anand, Vidit Gujrathi, P. Hari Krishna and Koneru Humpy at the online Nations Cup. Full Article
at Rory McIlroy, Dustin Johnson to Feature in Coronavirus Relief Golf Charity Match By www.news18.com Published On :: Tue, 5 May 2020 09:59:44 +0530 A statement said 'appropriate testing measures' would be put in place to protect the health of players, production crew and others on site. Full Article
at Kashmir Athletes Struggle to Practice During Coronavirus Lockdown By www.news18.com Published On :: Tue, 5 May 2020 12:39:19 +0530 Kashmiri athletes like Afreen Hyder, Aijaz Hassan, Vilayat Hussain and more have to make do with the restricted spaces and still stay fit during Covid-19 lockdown. Full Article
at Tennis Plans Coronavirus-related Financial Fund: 800 Players, $6 Million By www.news18.com Published On :: Tue, 5 May 2020 02:10:06 +0530 Money though the Player Relief Programme, run by ATP, WTA, Grand Slam organisers and ITF, will be divided equally among men and women. Full Article
at Sports Ministry Invites Nominations for National Sports Awards Through E-mail By www.news18.com Published On :: Tue, 5 May 2020 03:01:47 +0530 The nomination inviting process usually begins in April but was pushed back due to Covid-19 lockdown and now, the final date of submission has been fixed at June 3. Full Article
at National Rugby League Reaches Tentative Pay Deal, Training Set to Resume By www.news18.com Published On :: Tue, 5 May 2020 03:06:59 +0530 Social-distancing restrictions are still in place in Australia, so 'normal' full-contact training will not resume for another week at least. Full Article
at IOA Seeks Feedback From Athletes, Coaches on Resumption of Training By www.news18.com Published On :: Tue, 5 May 2020 04:46:40 +0530 NSFs and State Olympic Associations have been asked to collect feedback from the stakeholders such as athletes, coaches, support staff, central and state government ministries, match officials and sports administrators Full Article
at Use International Players as Coaches for Youngster During Coronavirus Lockdown: PV Sindhu By www.news18.com Published On :: Tue, 5 May 2020 06:25:07 +0530 PV Sindhu said that senior Indian players with international experience can coach and help youngsters during the coronavirus lockdown. Full Article
at Athletes Harassed in Spain While Practicing Amid Confinement By www.news18.com Published On :: Tue, 5 May 2020 10:27:43 +0530 Athletes always must go out carrying the proper documentation showing that they are allowed to be out, otherwise they can be subjected to fines. Full Article
at WTA Chief Backs Roger Federer's ATP Merger Suggestion By www.news18.com Published On :: Tue, 5 May 2020 10:46:16 +0530 Both the ATP and WTA Tours have been forced to take cost-cutting measures since the COVID-19 pandemic started Full Article
at India Loses to Rest of World after Draw With USA in Online Nations Cup By www.news18.com Published On :: Tue, 5 May 2020 11:29:36 +0530 India lost to Rest of the World in the second round of the FIDE-Chess.com Online Nations Cup after against USA. Full Article
at Tennis Star Dominic Thiem Participates in Global Charity Run By www.news18.com Published On :: Wed, 6 May 2020 03:33:07 +0530 The global charity run also saw over 400 Indians running for the noble cause raising over 1250 Euros. Full Article
at 'I Think You Were Fanboying': Maria Sharapova Looks Back at First Dinner with Novak Djokovic By www.news18.com Published On :: Wed, 6 May 2020 03:55:39 +0530 Maria Sharapova recalled how Novak Djokovic earned himself a dinner with her by winning a match. Full Article