INDIAN BUSINESS NEWS2608 Videos

Economic Survey 2020-21 prioritises growth over fiscal consolidation

Three important releases on 29 January 2021 provide critical clues to both policy direction and the likely magnitude of the fiscal aggregates in the forthcoming budget for 2021-22. The first of these releases, that is, the Economic Survey for 2020-21, provides crucial signals relating to the likely fiscal policy stance of the […]

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January 29, 2021

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Delhi Court issues arrest warrant against Hafiz Saeed in terror funding

A Delhi court on Saturday issued an arrest warrant against Pakistan-based Lashkar-e-Taiba (LeT) chiefand26/11Mumbai attack mastermind Hafiz Saeed inamoney laundering case related to terror funding in Jammu and Kashmir. Besides issuing thenon-bailable warrant (NBW)against Saeed,Special Judge Praveen Singh also issued warrants against three co-accused Kashmiri businessman Zahoor Ahmad Shah Watali, […]

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February 6, 2021

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All central govt employees to attend office on working days: Personnel Min

All central government employees have been asked to attend office on working days, according to a Personnel Ministry order. The decision comes amid a significant decline in the number of active Covid-19 cases in the country, including in the national capital. However, all officers and staff residing in […]

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February 14, 2021

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Proceedings before NCLT allowed, but there will be no final order: FRL

Future Retail Ltd on Monday said the National Company Law Tribunal (NCLT) can issue directions to convene meetings of shareholders and creditors of applicant companies, including it, to consider the Rs 24,713-crore deal with Reliance Retail following an order by the Supreme Court. Earlier in the day, the apex court […]

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February 22, 2021

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US sets sanctions over Russian opposition leader Navalny’s poisoning

The Biden administration announced sanctions of Russian officials and businesses Tuesday for a nearly fatal nerve-agent attack upon opposition leader Alexei Navalny and his subsequent jailing. Senior administration officials did not immediately identify the Russian officials targeted. The Biden administration also announced sanctions under the US Chemical and Biological Weapons […]

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March 3, 2021

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Cabinet approves amendment to Insurance Act, paving way for 74% FDI limit

The Union cabinet has approved changes to the Insurance Act for increasing the foreign direct investment (FDI) limit to 74 per cent from the present 49 per cent. With the cabinet’s nod, the changes will be introduced in Parliament for approval. Once the Parliament approves the changes, the process to bring an applicable […]

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March 11, 2021

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Oil hits skids, drops 7% on worsening outlook for coronavirus in Europe

Oil prices plunged for a fifth day in a row on Thursday, posting their biggest-one day declines since last summer on growing worries about rising Covid-19 cases in Europe and the strengthening US dollar. Several large European economies have had to reimpose lockdowns as caseloads rise, while vaccination programs are […]

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March 19, 2021

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Tata vs Mistry: SC rules in favour of Tata Group, sets aside NCLAT order

The Supreme Court on Friday upheld the decision of the Tata Sons board in October 2016 to remove its then chairman, Cyrus Mistry, from office and later the company’s board. In its 282-page judgment, the court set aside the National Company Law Appellate Tribunal’s (NCLAT’s) order of December 2019, which […]

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March 27, 2021

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Sharad Pawar discharged from hospital, condition stable: NCP leader

NCP chief Sharad Pawar, who recently underwent a procedure for a gall bladder issue, was discharged from a hospital here on Saturday, a party leader said. “Pawar (80) is in good health and is recuperating at home,” said NCP spokesperson and state minister Nawab Malik. […]

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April 4, 2021

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Arbitration case: Cairn Energy offers to invest $1.2 bn if India relents

Cairn Energy has offered to invest the entire award money in India, which includes the principal amount of $1.2 billion and interest of $500 million if the government agrees to enforce the award Topics Cairn Energy | Cairn tax dispute | Cairn India Dilasha Seth  |  New Delhi  Last Updated at April 12, 2021 02:43 […]

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April 12, 2021

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Govt fast-tracks Covid-19 fight, to start vaccination for 18+ from May 1

In a much-awaited move, India has allowed Covid vaccination for all above 18 years of age, starting May 1. The decision, taken at a meeting chaired by Prime Minister Narendra Modi on Monday, is expected to change the course of the pandemic currently raging through the country. India Inc and political parties […]

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April 20, 2021

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Four patients die in fire at private hospital in Maharashtra’s Thane

At least three patients died in a fire at a private hospital near Thane in the wee hours of Wednesday, an official said Topics Maharashtra | Thane | Fire accident Agencies  |  Thane  Last Updated at April 28, 2021 07:53 IST At least four persons including a senior citizen, were killed when a […]

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April 28, 2021

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