Business

Industrial Production Contracts 16.7% In March Amid Coronavirus Lockdown

March industrial manufacturing declined by 16.7 %Industrial manufacturing for the month of March contracted by 16.7 per cent, in response to authorities information launched on Tuesday. The determine comes amid the coronavirus-induced countrywide lockdown, attributable to which a lot...

Coronavirus Financial Stimulus “Not Sufficient”, Fiscal Deficit May Go Up To 14%, Says Ex-RBI Governor

Former RBI governor has mentioned the COVID-19 fiscal bundle is inadequateMaintaining that the mixed fiscal deficit of the Centre and states might go as much as 13-14 p.c this fiscal, former RBI Governor Duvvuri Subbarao on Sunday mentioned the monetary...

Not Offering “Emergency Loan Via YONO”, Clarifies SBI,

SBI additionally mentioned it can quickly introduce a pre-approved private mortgageDays after it was reported throughout sections of media that State Bank of India (SBI) is providing an 'emergency mortgage scheme' to its clients amid the coronavirus pandemic, the lender,...

Reliance Industries Fixes 14 May As Record Date For Rights Issue

The rights concern is Reliance's first of its form in virtually 30 yearsIn a regulatory submitting to the exchanges late on Saturday, Reliance Industries stated that the corporate has fastened 14 May because the 'document date' for figuring out...

Emirates Airline Reports Rise In Annual Profit, Coronavirus Hits Final Quarter

Emirates warned the outbreak of coronavirus hit its efficiency within the fourth quarterEmirates, one of many world's largest long-haul airways, reported a 21 % rise in full-year revenue on Sunday, however warned the outbreak of the brand new coronavirus hit...

Coronavirus Inflicts Huge Job Losses In US As Pandemic Breaches White House Walls

US unemployment charge is prone to climb as much as 20 % this monthThe US authorities reported extra catastrophic financial fallout from the coronavirus disaster on Friday because the pandemic pierced the very partitions of the White House and California...

After Flip-Flops, IndiGo Announces Pay Cut For Senior Employees For Entire 2020-21

The pay minimize will vary between 5 and 25 p.cAfter asserting on Friday that it was reinstating pay cuts of as much as 25 p.c for its senior workers, IndiGo airways mentioned it will take a choice on restoring...

ICICI Bank Net Profit Jumps 26% In March Quarter To Rs 1,221.36 crore

Net curiosity earnings rose 17 per cent YoY to Rs 8,927 crore in Q4FY20ICICI Bank, the nation's second largest personal sector lender by property, posted a 26 per cent year-on-year (YoY) rise in standalone revenue at Rs 1,221.36 crore...

Centre Disbursed Rs 18,253 Crore Under PM-KISAN Scheme During Lockdown: Nirmala Sitharaman

Finance Minister Nirmala Sitharaman stated on Saturday that the federal government has disbursed Rs 18,253 crore beneath the PM-KISAN (Pradhan Mantri Kisan Samman Nidhi) scheme through the ongoing lockdown. Under the PM-KISAN scheme, every farmer receives as much as Rs...

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This Man’s Business Meeting With His Pet Dogs Is Too Funny To Miss

Andrew Cotter in a meeting with his two dogs, Mabel and Olive.During the coronavirus lockdown, Scottish sports broadcaster Andrew...

Indian-Origin Doctor Dies In UK After Battle With COVID-19

Dr Nair handed away after a chronic COVID-19 sickness, mentioned Station View Medical Centre.London: An "outstanding" Indian-origin lady physician has died within the north-east...

Social Distancing Rules Flouted In Madhya Pradesh For Arrival Of Monk

Coronavirus: Nearly 4,000 COVID-10 instances have been reported from Madhya PradeshBanda, Madhya Pradesh: Amid an inexorable and worrying rise in coronavirus instances in India...

Consumer Inflation At 5.84% In March, Remains Lowest In 4 Months

The RBI tracks consumer inflation primarily for formulating its monetary policyConsumer inflation in the country was revised to a final 5.84 per cent in March...

Sorry Folks, Rana Daggubati Is Taken. Actor Confirms Relationship With Miheeka Bajaj: “She Said Yes”

Rana Daggubati shared this photograph (courtesy ranadaggubati)HighlightsRana shared a cherished up photograph with Miheeka Bajaj "She said 'yes'," Rana captioned his photograph Rana has been congratulated...