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Nifty surpasses 24,000 for 1st time, Sensex goes past 79,000 after sharp bull run
The market capitalization of BSE-listed firms hit a lifetime high...
Ayushman Bharat health scheme to provide free treatment to all aged above 70 years: Prez
President Droupadi Murmu The Government is going to take yet...
Andhra CM credits YSR Rythu Bharosa, Nivar cyclone compensation into farmers’ bank accounts
Under ‘Rytu Bharosa – PM Kisan’ scheme, the Andhra Pradesh Chief Minister has released Rs 1,120 crores as third instalment to 51.59 lakh farmers. The first instalment was released on May 15, 2020 ahead of Khariff season under which Rs 3,713 crores were credited to 49.45 lakh farmer families, while the second instalment of Rs 2,095 crores was released on October 27, 2020 for 50.47 lakh farmer families.
Govt extends 2019-20 ITR filing deadline till Jan 10
The due date for filing income tax return (ITR) by individuals and companies was December 31, 2020, and January 31, 2021, respectively.
Over 4.54 crore ITRs for 2019-20 fiscal (assessment year 2020-21) were filed till December 28. In the comparable period last year, 4.77 crore income tax returns were filed.
ICICI Lombard launches online business platform for SMEs
Sanjeev Mantri, executive director at ICICI Lombard General said, “The SME segment is relatively more vulnerable to multiple risks and has been significantly impacted by the pandemic. With this one of its kind online platform for business insurance, we are empowering SMEs to avail our business insurance solutions conveniently at any time and from anywhere in a contactless manner.”
India drug regulator meets to discuss AstraZeneca vaccine: sources
Experts at India’s drug regulator were meeting on Wednesday to consider approving an AstraZeneca/Oxford coronavirus vaccine for emergency use after Britain became the first country to do so, two sources with knowledge of the matter said.
Suspension of scheduled international passenger flights extended till Jan 31
Scheduled international passenger services have been suspended in India since March 23 due to the coronavirus pandemic. But special international flights have been operating under the Vande Bharat Mission since May and under bilateral “air bubble” arrangements with selected countries since July.
India has formed air bubble pacts with 24 countries including the US, the UK, the UAE, Kenya, Bhutan and France. Under an air bubble pact between two countries, special international flights can be operated by their airlines between their territories.
Delhi airport ‘completely ready’ to handle vaccine distribution challenge
India is relying largely on two domestically made vaccines from Bharat Biotech International Ltd. and the Serum Institute of India Ltd., which has partnered with AstraZeneca Plc to produce at least one billion doses. Ultra-cold storage requirements for Pfizer Inc.’s shot make it an unlikely choice for widespread use given India’s patchy health networks and infrastructure, especially in rural areas where the bulk of the country’s nearly 1.4 billion people live.
Coronavirus brought tourism to its knees in 2020
The tourism sector is one of the largest industries and accounts for 6.23 per cent of the country’s gross domestic product (GDP) and provides employment to 8.78 per cent of the population.
It managed to generate around 275.5 billion dollars in revenue in fiscal 2018 with an annual growth rate at 9.4 per cent.
2021 will witness lot of regulatory efforts channelled towards virtual assets: SBI official
” The use of crowdfunding websites, although not entirely new, create an additional risk as these are specially designed to solicit funding and can be misused for terror financing,” he said.
Varma also noted that crypto currencies and its potential means to finance terrorism is a significant threat especially when is anonymous in nature.
Govt proposes to make airbags mandatory for cars
All new models manufactured from April 1, and existing models made from June 1, will have to meet the new guideline if approved, the Ministry of Road Transport and Highways said in the notification dated Dec 28.
AirAsia to sell 32.67% of stake in its Indian operations to Tata Sons
Group Chief Executive Officer Tony Fernandes told Reuters in September that the group intended to consolidate and strengthen its foothold in Southeast Asia, which could mean exiting both Japan and India.
Last month, AirAsia announced it was reviewing its investment in its India, saying its operations there had been draining cash and adding to the group’s financial stress.