Terming it as a "world war" against COVID-19, the apex court said that due to the "unprecedented pandemic" everybody in the world is suffering one way or the other.
SBI Funds Management (SBI MF) will distribute the fifth tranche of Rs 3,303 crore to unitholders of Franklin Templeton Mutual Fund's six shuttered schemes during the week beginning Monday. With this, the total disbursement will reach Rs 21,080 crore, amounting to 84 per cent of assets under management (AUM) as on April 23, 2020, a Franklin Templeton MF spokesperson said on Sunday. Under the first disbursement in February, investors received Rs 9,122 crore, while Rs 2,962 crore were paid to investors during the week of April 12, Rs 2,489 crore during the week of May 3 and in the latest disbursement during the week of June 7, investors were paid Rs 3,205 crore.
Commerce and Industry Minister Anand Sharma said he expected exports to reach $200 billion in the financial year ending March 2011.
The civil aviation ministry has sought continuation of the exemption on withholding tax on aircraft leased from foreign companies in the next budget for another year, saying it would benefit several airlines in the country.
Amid a spike in Covid-19 infections in some parts of the country, the Centre on Wednesday asked states and Union territories to consider imposing local restrictions in public observance of the upcoming festivals and limit or do away with mass gatherings for effective control of the pandemic.
The minister blamed ground realities like lack of majority of ruling party toward the failure of finally signing the Teesta water sharing deal.
A top international shooter has tested positive for COVID-19 ahead of the ISSF World Cup in New Delhi and is currently in isolation at a hospital.
A day after Gujarat recorded its highest one-day surge of 17,119 new cases, five eminent doctors who are members of the task force spoke to the media.
NBFCs seek level playing field with banks in terms of treatment of NPAs, TDS on deposits, removal of service tax on HP and lease transactions, refinance mechanism akin to NHB etc
The textile ministry, in its Budget wish list, has recommended additional tax benefits and increased interest subsidy for exporters.
Wordsmiths and artists of different parties are working overtime to deliver punches and counter punches in their bid to reach out to voters through different platforms ranging from Facebook to YouTube.
The Centre told the apex court that it has not issued any SOP that makes it mandatory to carry the vaccination certificate for any purpose.
A BCCI source told PTI that the permission in writing is due to come any time in the next few days.
Finance Minister Pranab Mukherjee on Tuesday met exporters, a day after the release of the April export data which showed the sharpest fall in overseas shipments in 14 years, assuring them he would do his best in the Budget.
The government will unveil measures in the Budget for helping exporters who are hit hard by recession in the developed economies, new Commerce and Industry Minister Anand Sharma said on Friday.
The Uttarakhand high court on Monday stayed the Chardham Yatra reversing a cabinet decision to open it partially for residents of three districts from July 1.
India will become self-sufficient in urea production in five years.
Students will have an option to either attend the classes physically or online or can go in for blended learning by using both options.
Provide necessary infrastructure and tax exemptions to encourage product development and R&D from India
Leading stock exchanges BSE and NSE have put out comprehensive guidelines for handling technical glitches at members' end in order to prevent disruptions. Under the new framework, members will have to pay Rs 20,000 per day in case of failure to report the incident to the exchanges within the required timeline, BSE and NSE said in separate circulars. The guidelines outline technology infrastructure and system requirements that a member should put in place to prevent any incident of business disruption resulting from technical glitches.
Under the proposed amendment to the environment clearance law, industries can expand simply by certifying that they are not polluting. Among the sectors that will benefit from this procedure are mining, power and petrochemicals, a range of manufacturing industries, in addition to dredging, shipping, port development, building and construction and industrial estates.
The 2,75,000 new jobs would cost a monthly Rs 300 crore (Rs 3 billion), officials with knowledge of the development said.
The government on Thursday announced the Interim Trade Policy with more incentives to the exporters.
'There's no point making grand plans all our lives when life itself is so fragile.'
The extension of interest subsidy scheme by another six months for loans taken by exporters in labour-intensive sectors was the only fiscal stimulus measure announced in the Interim Budget for 2009-10.
Insisting that PM Modi has consistently cared for the farmers, Goyal said the Rs 75,000 earmarked for paying Rs 6,000 per annum to each of 12 crore farmers is not one time but a 'sustainable' provision.
Earlier, former Pakistan pacer Shoaib Akhtar had made an appeal to his fans in Pakistan to come forward and help India in tackling the ongoing coronavirus crisis.
Addressing a press conference a day after the CBI raid against him, Sisodia expressed apprehension that the agency or the Enforcement Directorate (ED) may arrest him in the next 3-4 days, while Chief Minister Kejriwal, who has been aggressively taking on the Bharatiya Janata Party in Modi's home state, announced on Twitter that he will be touring Gujarat with Sisodia from Monday.
On Wednesday, the employees of Satyam lost close to Rs 221 crore (Rs 2.21 billion) after investors dumped the stock. At the end of the September quarter, Satyam employees were holding 5.9 million employee stock options. The unfortunate drubbing of the Satyam stock has raised serious questions about the attractiveness of the stocks held by the employees, which may be affected by any 'uncalled for' action by the company.
Manufacturers Association of Information Technology on Tuesday demanded that excise duty should be halved to eight per cent to provide necessary tax incentive to the languishing sector.
India slashes sensitive list for LDCs under SAFTA.
Universities and schools across the country were ordered shut on March 16 to contain the spread of the coronavirus. On March 25, the Centre announced a nationwide lockdown.
