In this national election year, the concept of a universal basic income has become a political football. The opposition Congress Party is promising to implement a “nationwide minimum income for the poor” and Prime Minister Narendra Modis administration is proposing … read more
New Delhi (IANS) Downplaying the likely effects of the US withdrawal of benefits for Indian exports under the Generalised System of Preferences (GSP) programme, Commerce Secretary Anup Wadhawan on Tuesday said the decision will not have any major impact on overall … read more
Mumbai (IANS) The Board of Control for Cricket in India (BCCI) in the recent ICC quarterly meeting was told by the world body to get tax exemption for conducting future global events like the 2021 T20 World Cup and 2023 ODI … read more
New York (IANS) US President Donald Trump has announced that he was ending India’s $5.6 billion trade concessions under the Generalised System of Preferences (GSP) programme accusing New Delhi of not providing Washington “equitable and reasonable access” to its markets. Trump, … read more
It was an eventful week with a lot of action on the border, and some of it, at the bourses. India struck Balakot in Khyber Pakhtunkhwa province in Pakistan in a preemptive strike in the early hours of February 26. … read more
Chennai (IANS) Retired and serving employees of government-owned insurance companies are happy at the Centre’s decision to offer another chance to opt for pension scheme. “I am happy with the interest rates on bank deposits sliding down, getting a steady pension … read more
New Delhi (IANS) Budget passenger carrier SpiceJet plans to aggressively expand its international networks to fly out of the low fare and high fuel price operating environment. According to SpiceJet’s CMD Ajay Singh, the airline plans to aggressively deploy its new … read more
New Delhi (IANS) Taking a cue from the SBI, the Central Bank of India on Saturday put four big accounts of NPA worth Rs 3,300 crore on sale through the SARFAESI Act, though some of the assets are currently under the … read more
Mumbai (IANS) Sensex and Nifty opened on a firm note on Friday as the benchmark Sensex jumped 200 points and the Nifty traded at 10,850. Healthy buying was seen in all the sectors with the metal index leading the pack, closely … read more
New Delhi (IANS) Banking Secretary Rajeev Kumar on Thursday said the PSU banks have recovered Rs 98,000 crore in the first three quarters of the current financial year. The provision coverage ratio (PCR) of the banks for bad loans have … read more