by Lois C. Ferrara | Apr 7, 2020 | Business News
NEW DELHI: The Centre may need to borrow 2-2.5 per cent of GDP or about Rs 4-5 lakh crore additionally for supporting people and businesses hit hard by the coronavirus outbreak and nationwide lockdown, according to former finance secretary Subhash Chandra Garg. “It seems necessary and advisable that the Government of India borrow this directly […]
by Lois C. Ferrara | Apr 7, 2020 | Business News
Home grown Dabur group on Tuesday pledged Rs 21 crore to support the relief efforts and help the immediate needs of people affected from the COVID-19 pandemic. The group will also provide assistance to people engaged in frontline efforts to fight the virus and support...
by Lois C. Ferrara | Apr 7, 2020 | Business News
New Delhi: West Bengal has asked the Centre to release Rs 5,013 crore as the revenue deficit grant provided by the 15th Finance Commission to the state, which it can use to tackle the Covid-19 crisis. It also sought more measures to ease its financial position since...
by Lois C. Ferrara | Apr 6, 2020 | Business News
MUMBAI: Sony Pictures Networks India (SPN) said it will contribute Rs 10 crore to support the daily wage workers in the Indian media and entertainment (M&E) industry, who are affected by unemployment during the Covid19 pandemic. With the entire media ecosystem,...
by Lois C. Ferrara | Apr 5, 2020 | Business News
NEW DELHI: The centre has decided to allow procurement of gram (chana) and lentils (masur) in 13 states at minimum support price (MSP) during lockdown without waiting for any formal proposal from states regarding the purchase. “States can purchase 25% of the total...
