N Chandrababu Naidu,Chief Minister,Andhra Pradesh "I have made a...
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Financial systems must remain connected to real economy: PM’s principal Secy cautions against speculation
PK Mishra,Principal Secretary to Prime Minister Addressing the 20th...
SHANTI Act rules to be rolled out soon:Jitendra Singh
Union Minister of State (Independent Charge) Jitendra Singh The...
From falling U.S. wealth to Indian factory closures, oil shock raises global recession risk
Risks sharpen for the global economy if oil moves above $110 or $120 a barrel, warned Nathan Sheets, chief global economist at Citi and a former U.S. Treasury Department official. Attacks that have severely damaged refineries, ports and oil storage in the Gulf region...
Voluntary retirement a distinct employee right, not mere exit: SC
``It is quite clear, if an employee on or after 1st day of November 1993 completes 20 years of qualifying service, and furnishes a notice of not less than three months to the appointing authority, he may retire voluntarily," the bench noted New Delhi:The Supreme Court...
Govt plans sovereign guarantees on loans to businesses hit by Iran war, sources say
India is planning to provide a guarantee of about 90 per cent on loans up to ₹100 crore ($10.75 million) to lenders in case borrowers default in the aftermath of the crisis in West Asia, both the sources said. New Delhi:The government plans to roll out sovereign...
If West Asia crisis continues Indian exports to other parts of world will get impacted: Official
Even if the war ends, the impact of the crisis will be there for the next few months or years, depending on which supply chain or which infrastructure has been impacted.So, at this juncture, it will be very difficult to take a very long-term view on it," Central...
Navy ensures security of Indian commercial ships, oil tankers: Defence Minister Rajnath Singh
"There are many sensitive points in the sea where our Navy has continuously made its active presence to ensure the smooth supply of goods. Whenever there is a situation of tension there, the Indian Navy has ensured the security of our commercial ships and oil...
Sanjay Lohiya to succeed Nagaraju as new DFS Secretary
Sanjay Lohiya, special secretary, Department of Financial Services Lohiya has been appointed as a Special Secretary, Department of Financial Services, Ministry of Finance by temporarily upgrading a vacant post of Joint Secretary in the Department. will take over as...
India’s Population Dilemma:South states want more kids
Chandrababu Naidu — chief minister of the Indian state of Andhra Pradesh says that he is concerned that his state’s total fertility rate, the average number of children born to a woman over her lifetime, has fallen to 1.5 — about the same as in several European...
Govt weighs options to shield airlines from West Asia crisis
Indian airlines' operational costs are spiralling due to surging oil prices and airspace curbs in the wake of West Asia turmoil, involving the US, Israel and Iran, which began on February 28. New Delhi:The civil aviation ministry is exploring multiple options to...
Telangana passes financial security Bill for senior citizens
The Bill mandates that public representatives, government employees, and private employees care for their elderly parents. Failure to comply will result in a deduction of 15 per cent of the salary or Rs 10,000, whichever is lower, payable to the parents. Hyderabad:...
Near-term outlook remains uncertain with external shocks posing downside risks to growth:Finmin
The geopolitical developments have introduced a complex and multi-layered set of risks for India, given its position as a major energy importer with strong trade, investment, and remittance linkages with the West Asia region, the Monthly Economic Review for March...