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Covid effect: RBI asks banks not to declare dividend for FY 20

New Delhi |Sunday, 2020 2:45:05 AM IST

The Reserve Bank of India (RBI) has asked banks to conserve capital and not make any dividend payments for financial year 2020.

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Healthy equity inflows expected to strengthen rupee (IANS Currency Watch)

Mumbai |Sunday, 2020 1:45:05 AM IST

Healthy foreign fund inflows along with supportive monetary policy are expected to strengthen the rupee during the trade week ahead.

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SpiceJet aircraft undershoots runway, pilots grounded

New Delhi |Sunday, 2020 3:15:05 AM IST

The Civil Aviation regulator has grounded two SpiceJet pilots, who operated the Bengaluru-Guwahati flight that undershot the runway, while landing at Guwahati airport.

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United States and India discuss IP-led solutions to the pandemic

New Delhi |Saturday, 2020 3:45:06 AM IST

India, with its strong domestic industry and innovative capacity, can play a major role in fighting the pandemic and the time is now," said Patrick Kilbride, senior vice president of the US Chamber's

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'Technical textiles' EPC to boost exports: Industry

New Delhi |Saturday, 2020 8:15:06 PM IST

Centre's decision to form a dedicated Export Promotion Council (EPC) for 'Technical Textiles' will boost exports and strengthen the domestic manufacturing capacity, industry players said.

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Alliance Air commences Mumbai-Goa daily direct flights

New Delhi |Saturday, 2020 8:45:06 PM IST

Air India subsidiary Alliance Air on Saturday said it commenced daily direct flight operations from Mumbai to Goa.

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2020: A year of Covid, M&A & claims for non-life insurers

Chennai |Saturday, 2020 8:45:06 PM IST

The year 2020 will go down for the Indian non-life insurance sector as a year of coronavirus that resulted in large scale digital embracement and increased health insurance spread, reduced overall bu

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Two arrested for GST fraud of Rs 118 crore

Chennai |Saturday, 2020 3:15:05 AM IST

The Goods and Services Tax (GST) and the Central Excise Department, Chennai Outer, has arrested two persons, for committing a massive GST fraud, by issuing fake invoices to the extent of Rs 776 crore

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Inflationary woes: RBI retains rates, maintains accommodative stance (Roundup)

Mumbai |Saturday, 2020 3:45:06 AM IST

The Reserve Bank of India (RBI) on Friday retained its key short-term lending rates to subdue the persistently high inflation rate.

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Run disclaimer with fantasy sports ads: I&B ministry to media

New Delhi |Saturday, 2020 3:45:06 AM IST

The Ministry of Information and Broadcasting has told both print and audio/visual medium to run a disclaimer while advertising online gaming and fantasy sports platforms, according to an advisory iss

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VECV commences commercial ops at Bagroda truck manufacturing unit

New Delhi |Saturday, 2020 11:15:06 PM IST

VE Commercial Vehicles, a joint venture between Volvo Group and Eicher Motors, on Saturday said that it has commenced commercial operations at its truck manufacturing unit at Bagroda in Bhopal distric

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Trade deficit might widen as Covid dents exports: Experts

New Delhi |Saturday, 2020 11:45:06 PM IST

The overall trade deficit is likely to widen as rising coronavirus cases and subsequent lockdowns in key export markets dent India's merchandise exports, experts said.

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