y RBI Employees contribute ₹7.30 crore to PM CARES Fund By www.business-standard.com Published On :: Wed, 29 Apr 2020 09:50:00 +0530 The employees of the Reserve Bank have decided to contribute one or more day's salary to the PM CARES Fund, in response to the call to support during the emergency situation. The total contribution from the employees amounting to ₹7.30 crore is being remitted to the PM CARES Fund. The COVID-19 pandemic and the related dislocation in normal economic activity has severely affected the economically weaker sections of the society and their means of livelihood. To help the people affected by any kind of emergency or distress situation, like the one posed by the COVID-19 pandemic, Government of India has set up a public charitable trust named Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund) to receive contributions from various sources. Full Article
y Ministry of Chemicals and Fertilizers Reports Record Fertilizer Sales During Lockdown By www.business-standard.com Published On :: Wed, 29 Apr 2020 09:53:00 +0530 Powered by Capital Market - Live News Full Article
y Domestic Mineral Production Rises 10% Over Year In February 2020 By www.business-standard.com Published On :: Wed, 29 Apr 2020 15:46:00 +0530 The index of mineral production of mining and quarrying sector for the month of February, 2020 (Base: 2011-12=100) at 123.7, was 10.0% higher as compared to the level in the month of February, 2019. The cumulative growth for the period April- February, 2019-20 over the corresponding period of previous year has been (+) 1.9 percent. Mining & Mineral Statistics Division of Indian Bureau of Mines functions as the nodal agency for statistics on mineral sector and releases this information. Full Article
y Post-Covid era will see perceptible change in global supply-chains and India should capture significant share in the world trade: Piyush Goyal By www.business-standard.com Published On :: Thu, 30 Apr 2020 09:20:00 +0530 Minister of Commerce and Industry & Railways Shri Piyush Goyal held discussions with the Export Promotion Councils(EPCs) of the country. He called upon the Exporters to identify their strengths, potentials and competitive advantages in specific sectors, and focus on harnessing them in the world markets. Goyal said that in the post-Covid era, there is going to be perceptible change in the global supply-chains, and Indian industrialists and exporters should be looking to capture significant share in the world trade. He assured them that the Government will be a pro-active supporter and facilitator in their efforts, and the Indian Missions abroad can play an important role in that. The Minister said that Incentives can be given, but they have to be justified, reasonable, and WTO-compliant. Full Article
y Currency In Circulation Rises 0.7% On Week By www.business-standard.com Published On :: Thu, 30 Apr 2020 10:00:00 +0530 Powered by Capital Market - Live News Full Article
y Reserve Bank Extends Regulatory Benefits Under Special Liquidity Facility For Mutual Funds By www.business-standard.com Published On :: Thu, 30 Apr 2020 15:42:00 +0530 Powered by Capital Market - Live News Full Article
y Employees of EPFO contribute Rs 2.5 crore to PM CARES fund By www.business-standard.com Published On :: Mon, 04 May 2020 11:07:00 +0530 The employees of Employees Provident Fund Organization (EPFO) have come forward to support the Government's initiative in combating national crisis of COVID-19 pandemic and voluntarily contributed one day's salary- amounting to around Rs. 2.5 crore to the PM CARES Fund. EPFO, as one of World's largest Social Security Organizations, stands committed in the service of the nation in every possible way. The COVID-19, declared as a pandemic by the World Health Organization, has posed serious challenges for the health and economic security of millions of Indians. Government of India has set up a public charitable trust under the name of 'Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund' (PM CARES Fund) with the primary objective of dealing with any kind of emergency or distress situation. Officers and staff of EPFO are also contributing by putting in extra efforts for providing relief by expeditiously processing EPF withdrawal claims including COVID claims under Full Article
y Government Is Likely To Announce A Relief Package For MSME Sector Soon - Nitin Gadkari By www.business-standard.com Published On :: Mon, 04 May 2020 11:16:00 +0530 Mr Nitin Gadkari, Minister of Road Transport and Highways and MSME, Govt of India said that government is likely to announce a relief package for the MSME sector soon. He further said that all stakeholders must adopt an integrated approach to come over the crisis while ensuring the lives and livelihood of the people. Mr Gadkari also urged the industry to have a positive attitude during this time to tide over this crisis. "We will win the fight against corona along with the economic crisis and make India the superpower nation. Hum honge kamyab," said Mr Gadkari. Full Article
y Country-Wide Lockdown Was Necessary But Has Had Deep Ramifications On Economic Activity: CII Survey By www.business-standard.com Published On :: Mon, 04 May 2020 11:29:00 +0530 The country-wide lockdown imposed on 23rd March, while necessary, has had deep ramifications on economic activity. According to the CII CEOs Snap Poll on Impact of COVID-19 on Economy and Industry, while a majority of the firms continue to anticipate a significant decline in their topline, they now foresee a delay in economic revival and demand recovery. The survey saw the participation of more than 300 CEOs, of which nearly two-thirds belonged to MSMEs. The lockdown brought economic activity to a grinding halt and the survey findings indicate that a significant majority of the firms (65%) expect revenues to fall more than 40% in the current quarter (Apr-Jun 2020). For financial year 2020-21, the expectations of a fall in revenue are staggered, with 33% of the firms anticipating a revenue fall of more than 40%, closely followed by 32% of firms expecting a revenue contraction ranging between 20% to 40%. Full Article
y India Manufacturing PMI Plunges Sharply Into Contraction Zone By www.business-standard.com Published On :: Mon, 04 May 2020 16:42:00 +0530 Powered by Capital Market - Live News Full Article
y RBI Launches May 2020 Round Of Consumer Confidence Survey By www.business-standard.com Published On :: Tue, 05 May 2020 09:38:00 +0530 Powered by Capital Market - Live News Full Article
y Government Contemplating Policy On Import Substitution In The Wake Of New Economic Situation Created By COVID-19 Pandemic: Nitin Gadkari By www.business-standard.com Published On :: Wed, 06 May 2020 09:08:00 +0530 Union Minister for MSME and Road Transport and Highways, Nitin Gadkari informed that a policy on imports substitution is being thought of in the wake of the new economic situation created by COVID-19 pandemic. He called upon various stake-holders to convert knowledge into wealth by improving quality through innovations and cutting down cost. He sited the example of a Nagpur based MSME Orange cluster taking up PPE making from scratch. These PPEs cost between Rs 550 to Rs 650 against the market price of about Rs 1200 for which country was heavily import dependent. The cluster is in a position to supply large quantity of PPEs. Full Article
y Excise Duty Increased On Petrol And Fuel By www.business-standard.com Published On :: Wed, 06 May 2020 10:05:00 +0530 Powered by Capital Market - Live News Full Article
y Edible Oil Imports Plunge 34% On Year In April By www.business-standard.com Published On :: Wed, 06 May 2020 16:03:00 +0530 The Solvent Extractors' Association (SEA), noted in a latest update that based on the available data, it has compiled provisional data for Import of Edible Oils for April 2020. The imports in April 2020 are reported at 790,377 tons compared to 941,219 in March 20 and 1,198,763 tons in April 2019, down by 34%, on YoY basis. The drop in April is mainly due to logistics issues at destinations as well as at discharge ports. The overall Import of Edible Oils during Nov-2019 to April-2020 is reported at 6,182,184 tons, compared to 7,203,830 tons during the same period of previous year, i.e. down by 14 %. Full Article
y Downward Trend In Fuel Prices Could Negatively Affect Cost Benefit Of Electric Vehicles By www.business-standard.com Published On :: Thu, 07 May 2020 16:13:00 +0530 Powered by Capital Market - Live News Full Article
y Reserve Money Rises 1.5% On Week By www.business-standard.com Published On :: Thu, 07 May 2020 16:22:00 +0530 Powered by Capital Market - Live News Full Article
y Global food commodity prices drop further in April: FAO By www.business-standard.com Published On :: Thu, 07 May 2020 17:48:00 +0530 FAO expects subdued usage to push up cereal stocks in 2019/20 Full Article
y Gold sees steady gains By www.business-standard.com Published On :: Wed, 15 Jan 2020 09:53:00 +0530 Powered by Capital Market - Live News Full Article
y Steps To Take Before You Sell Your Business By Published On :: Thu, 24 May 2012 16:54:05 GMT There are plenty of financial and nonfinancial issues advisers need to address with their clients before they sell their business. Full Article
y Productivity Far Outpaces U.S. Factory Wages By Published On :: Tue, 29 May 2012 01:03:00 GMT Overall compensation to factory workers doesn't come close to the impressive productivity gains that American factories have enjoyed over the past year. WSJ's David Wessel reports. (Photo: AP) Full Article
y Recruiting Talent: The Shirt, Dogfish Head Brewery By Published On :: Wed, 30 May 2012 23:08:16 GMT The Shirt founder Rochelle Behrens and Dogfish Head founder Sam Calagione share advice on recruiting talent at Wall Street Journal's How I Built It 2012 panel in Washington, D.C. WSJ's Vanessa O'Connell leads thediscussion. Full Article
y Cyient consolidated net profit declines 74.41% in the March 2020 quarter By www.business-standard.com Published On :: Thu, 07 May 2020 19:37:00 +0530 Sales decline 7.68% to Rs 1073.60 crore Full Article
y Dr Reddys receives EIR from USFDA for API facility at Srikakulam By www.business-standard.com Published On :: Fri, 08 May 2020 09:16:00 +0530 It may be noted that the site was issued warning letter in November, 2015 after the inspection in 2014, and was under "Official Action Indicated" classification till now. Full Article
y Biocon receives EIR from USFDA for its small molecules API facility in Bengaluru By www.business-standard.com Published On :: Fri, 08 May 2020 09:21:00 +0530 Powered by Capital Market - Live News Full Article
y Vista Equity Partners to invest Rs 11,367 crore into Jio Platform By www.business-standard.com Published On :: Fri, 08 May 2020 09:28:00 +0530 Vista is a leading global investment firm focused on empowering and growing enterprise software, data and technology enabled companies that are reinventing industries and catalyzing change. Vista has more than $57 billion in cumulative capital commitments and its global network of companies collectively represent the 5th largest enterprise software company in the world. Full Article
y Zydus Cadila launches affordable prostate cancer treatment drug 'Obnyx' By www.business-standard.com Published On :: Fri, 08 May 2020 12:08:00 +0530 Powered by Capital Market - Live News Full Article
y Procter & Gamble Hygiene and Health Care standalone net profit rises 1.10% in the March 2020 quarter By www.business-standard.com Published On :: Fri, 08 May 2020 13:05:00 +0530 Sales decline 6.19% to Rs 656.05 crore Full Article
y R Systems International consolidated net profit declines 23.02% in the March 2020 quarter By www.business-standard.com Published On :: Fri, 08 May 2020 13:06:00 +0530 Sales rise 6.60% to Rs 209.26 crore Full Article
y McDonald's India adds new McSpicy Fried Chicken on its menu By www.business-standard.com Published On :: Fri, 08 May 2020 14:02:00 +0530 Speaking about this new fried chicken on the menu, Seema Arora Nambiar, Sr. Vice President, Menu, Marketing and People Resources, McDonald's India (West and South) said All our products are designed keeping in mind what our consumers want and like. McSpicy Fried Chicken has been specifically crafted as per the taste preference of our consumers. This product is carefully marinated with ghost chili pepper and is fried to perfection to ensure it is spicy to the last bite - just the way consumers love it. Full Article
y SBI Card & Payment Services standalone net profit declines 66.41% in the March 2020 quarter By www.business-standard.com Published On :: Fri, 08 May 2020 16:00:00 +0530 For the full year, net profit rose 43.91% to Rs 1244.82 crore in the year ended March 2020 as against Rs 864.97 crore during the previous year ended March 2019 Full Article
y Lupin's Pithampur facility successfully completes UK MHRA inspection By www.business-standard.com Published On :: Fri, 08 May 2020 17:18:00 +0530 Powered by Capital Market - Live News Full Article
y JK Tyre & Industries resumes domestic operations By www.business-standard.com Published On :: Fri, 08 May 2020 18:36:00 +0530 The remaining manufacturing plants of JK Tyre in India and Mexico are in preparatory mode and will resume operations subsequently. Full Article
y Assembly Elections 2016: Exit polls show Mamata may buck anti-incumbency trend By www.business-standard.com Published On :: Tue, 17 May 2016 09:34:00 +0530 Most exit polls see loss for Jaya; Assam for BJP; left turn for Kerala Full Article
y EC allows SBI to take currency vans holding Rs 570 crore back to Coimbatore By www.business-standard.com Published On :: Tue, 17 May 2016 12:45:00 +0530 State Bank of India was transferring the money from Coimbatore to Vishakhapatnam to tide over a cash shortage in Andhra Pradesh when the vans were seized by the Election Commission Full Article
y Assembly Polls 2016 results: Counting of votes begins in 4 states By www.business-standard.com Published On :: Thu, 19 May 2016 07:30:00 +0530 The counting of votes will decide the fate of approximately 8,300 candidates Full Article
y Tamil Nadu Assembly polls: Counting of votes begins By www.business-standard.com Published On :: Thu, 19 May 2016 08:22:00 +0530 Counting is progressing in 68 centres across the state Full Article
y Tamil Nadu Assembly polls: AIADMK leads in 5 seats, DMK in 2 By www.business-standard.com Published On :: Thu, 19 May 2016 09:22:00 +0530 AIADMK was leading in Mayiladuthurai, Poompuhar, Sankari, Udhagamandalam and Athur, the EC said Full Article
y Tamil Nadu assembly elections: AIADMK takes lead, could disprove exit polls By www.business-standard.com Published On :: Thu, 19 May 2016 09:55:00 +0530 Neck to neck fight between two dravidian parties Full Article
y As counting starts for Tamil Nadu Assembly polls, Sun TV stock price down by 8.08% By www.business-standard.com Published On :: Thu, 19 May 2016 09:56:00 +0530 Sun TV is promoted by DMK chief M Karunanidhi's grand-nephew Kalanithi Maran Full Article
y Tamil Nadu Assembly polls: BJP state chief trails By www.business-standard.com Published On :: Thu, 19 May 2016 11:32:00 +0530 According to latest trends, Soundararajan was in the third position behind the candidates of DMK and AIADMK Full Article
y Tamil Nadu Assembly polls: 5 factors that likely worked against the DMK By www.business-standard.com Published On :: Thu, 19 May 2016 12:45:00 +0530 The party was expecting a victory against the All India Anna Dravida Munnetra Kazhagam (AIADMK) and the exit polls boosted this confidence Full Article
y Jayalalithaa breaks the jinx: Five top victory quotes By www.business-standard.com Published On :: Thu, 19 May 2016 14:38:00 +0530 She said she has no other interest in life than working for the people of Tamil Nadu Full Article
y Who got Assembly elections exit polls right this time? By www.business-standard.com Published On :: Fri, 20 May 2016 00:33:00 +0530 Results' trends suggest that the pollsters have again failed to predict the outcome of Assembly polls in Tamil Nadu, West Bengal, Kerala, and Assam Full Article
y Assembly Elections 2016: 5 stars who made a difference By www.business-standard.com Published On :: Fri, 20 May 2016 00:40:00 +0530 A look at key faces who helped their parties cross the finish line Full Article
y Tamil Nadu: Blow for Karunanidhi family's business interests? By www.business-standard.com Published On :: Fri, 20 May 2016 06:39:00 +0530 Some with direct connections to political dispensations could face heat; others considered close to the winning party could expect good times Full Article
y Jayalalithaa deprives Karunanidhi of last hurrah By www.business-standard.com Published On :: Fri, 20 May 2016 07:10:00 +0530 The J Jayalalithaa-led AIADMK has retained power by winning 134 seats in the 234 Assembly seats Full Article
y Assembly elections 2016 results: BJP spreads wings, Congress shrinks By www.business-standard.com Published On :: Fri, 20 May 2016 07:20:00 +0530 BJP wins in Assam, opens account in Kerala; Congress loses two states; Left sweeps Kerala; Mamata decimates Opposition in West Bengal Full Article
y Jayalalithaa elected as legislature party leader By www.business-standard.com Published On :: Fri, 20 May 2016 18:55:00 +0530 The party won election with 134 seats out of 232 seats Full Article
y Pinarayi Vijayan to be Kerala chief minister By www.business-standard.com Published On :: Sat, 21 May 2016 00:28:00 +0530 Sonowal to take oath in Assam on Sunday, Mamata in West Bengal on May 27 Full Article
y Vijaykant's DMDK in danger of losing state party status By www.business-standard.com Published On :: Sat, 21 May 2016 15:42:00 +0530 DMDK's vote share plummeted to 2.4% in the 2016 Assembly polls from 7.88% in 2011, even as the party failed to return a single legislator Full Article