New Delhi: Sugar mills have exported 33.49 lakh tonnes of sweetener so far in the current marketing year ending September, with help from government’s financial assistance, a trade association said on Thursday. Mills have contracted to export 42 lakh tonnes of sugar so far as against 60 the lakh tonnes […]
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New Delhi: The lockdown has brought economic activity to a grinding halt, CII said on Sunday, citing findings from its CEOs survey, which indicated that 65 per cent of the firms expect revenues to fall more than 40 per cent in April-June quarter. The survey results reveal that the country […]
NEW DELHI: Housing prices have increased by up to 9 per cent in the last one year across nine major cities despite demand slowdown and over-supply in the overall property market, according to News Corp-backed PropTiger data. According to the housing brokerage firm’s report ‘Real Insight: Q4 FY20’, the weighted […]
New Delhi: In a major relief for corporate borrowers hit hard by the coronavirus pandemic, the government has decided to amend the insolvency law to suspend up to one year provisions that trigger insolvency proceedings against defaulters, according to PTI sources. Further, the sources said amendments to the IBC (Insolvency […]
NEW YORK: The coronavirus is spreading from America’s biggest cities to its suburbs, and has begun encroaching on the nation’s rural regions. The virus is believed to have infected millions of citizens and has killed more than 34,000.Yet President Donald Trump this past week proposed guidelines for reopening the economy […]
BENGALURU: Tanishq, the jewellery brand from the house of Tata, on Sunday announced its plans of taking Akshaya Tritiya sales online this year with jewelleries shut due to the COVID-19 lockdown. The offer is on from April 18 to April 27 on its e- commerce platform; www.tanishq.co.in. Once the situation […]
KOLKATA: The Indian Steel Association (ISA) has revised downward India’s steel demand growth forecast for 2020 from 5.1% as per growth predictions made in February this year. The figures are expected to touch a low of negative 7.7%., with significant downside risks, an official statement said. “We estimate finished steel […]
MELBOURNE: In a relief to foreign students, including from India, facing financial hardships during the coronavirus pandemic, the Australian government has announced that those who have completed one year of stay in the country were eligible to access their superannuation. The latest move comes a day after Prime Minister Scott […]
Srinagar: Indians who have resided in Jammu and Kashmir for 15 years or studied for 7 years and appeared in secondary and higher secondary board examinations in the Union Territory will be considered a domicile, the Centre has said. The Union home ministry’s gazette notification issued on Monday will make […]
NEW DELHI: Cinema operators have requested the government for exemption on statutory dues and loan moratorium for one year, as the sector has been hit hard with many state governments ordering closure of multiplexes in the wake coronavirus outbreak in the country. Cinema exhibitors have also asked for a waiver […]