The Houthi conflict's disruption of the Red Sea shipping lanes...
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774 fresh Covid cases in India,active cases stands at 4,187
Two deaths -- one each from Tamil Nadu and Gujarat -- were reported...
GIFT City grants its first approval to Azim Premji’s family office to invest its capital overseas
Azim Premji, non-executive member of the board and founder chairman...
Number of crorepati taxpayers up 20% to 97,689 in AY 2018-19: CBDT data
In all, more than 5.87 crore income tax returns were filled, as per the statistics generated from e-filed returns (digitally signed, e-verified or where ITRV has been received) submitted up to August 15, 2019.
Life insurers to launch a Rs100 cr ‘Sabse Pehle Life Insurance’ awareness campaign
The total cost of the awareness campaign would be around Rs 100 crore, said sources where the state owned Life Insurance Corporation is contributing the almost Rs 40 crore,
Moody’s cuts India GDP growth forecast to 5.8% for FY20
“What was an investment-led slowdown has broadened into consumption, driven by financial stress among rural households and weak job creation,” it said adding a credit crunch among non-bank financial institutions (NBFIs), major providers of retail loans in recent years, has compounded the problem.
Govt may consider hiking bank deposit insurance limit from Rs 1 lakh: Finance Minister
India’s GDP expansion has slowed to a six-year low of five percent for the June quarter. This has led to a rash of downward revisions in expectations, including from the RBI which now expects GDP growth to come down to 6.1 percent in FY20.
AIIMS, Health ministry launch ‘eDantSeva’ website and app
The website also provides GPRS route and satellite images of the facility for easier access to the people.
Union Health Minister Harsh Vardhan said the digital platform will provide oral health information gathered from authentic scientific resources and connect the people to timely advise for managing any dental emergency or oral health problem.
Outlook for Indian commercial vehicle industry remains negative
Even the LCV (truck) segment, which was relatively insulated from the impact of revised axle load norms has been impacted over recent months with the weakness in consumption-oriented sectors and subdued rural demand sentiment, it added.
FPIs pull out Rs 3,000 crore from equities in 3 trading sessions of October
The outflow in October is on “account of fears of a global recession, trade war and a slowdown in India. FPI inflow is expected to improve on expectations of good corporate earnings in third quarter, but is likely to remain muted due to global economic and trade war concerns. The market shall be supported by domestic investors, ” Arun Mantri, senior manager at Karvy Stock Broking said
YES Bank files complaint with police against ‘fake news’
“Over the past few days some miscreants have been spreading false information and malicious rumours about Yes Bank on WhatsApp and other social media platforms to create panic and fear in the mind of its depositors. The messages attempt to portray the bank in poor light and are intended to tarnish the image of the bank in the eyes of its depositors, stakeholders and the general public,” the bank said.
Late Indian season monsoon floods cause $10 bn in economic losses:Aon
However, given the low levels of residents and commercial assets with insurance policies in the region, only a small fraction of this total will be covered by insurance payouts, said Aon’s weekly Cat Report.
300 mn Indians lifted above poverty line in last 14 years: NITI Aayog
The semiconductor industry is backbone to emerging technologies such as Artificial Intelligence, Machine Learning and Internet of Things and India is pioneering in the sector presenting growth opportunities.