Business
With 3.2% expansion in Q1, China becomes first major economy to return to growth since beginning of pandemic
Chinese exporters have benefited from the economy’s relatively early reopening and global demand for medical supplies, according to a...
Centre to borrow up to Rs 1.1 lakh crore on behalf of states to meet GST shortfall
The amount will be borrowed by the Centre under the Special Window in appropriate tranches and will be passed...
India’s GDP 11 times more than Bangladesh in purchasing power parity terms, say govt sources
The government sources said this in the backdrop of IMF's growth projections showing Bangladesh closing in on India in...
‘Common man’s Diwali in your hands’: SC sets 2 Nov deadline for Centre to implement interest waiver
The court said the Central Government should implement 'as soon as possible' interest waiver on loans of up to...
Infosys announces salary hikes, promotions from Jan 2021; special incentive pay for junior employees
The Bengaluru-based company had 2,40,208 employees at the end of September 2020 quarter. COO Pravin Rao said the quantum...
Indian economy may contract by 10.3% in 2020, to bounce back with 8.8% growth in 2021, says IMF
Revisions to the growth forecast are particularly large for India, where GDP contracted much more severely than expected in...
Nirmala Sitharaman’s LTC, festival schemes for Central employees cue for states to fix their finances
With many of the states already facing a fund crunch, they are going to be in more difficulty to...
Centre will give govt employees cash vouchers instead of LTC to stimulate economy, says Nirmala Sitharaman
Finance Minister Nirmala Sitharaman also announced additional capital spending and Rs 12,000 crore, 50-year interest-free loan to states. New...
GST Council to discuss compensation for states for third time tomorrow; decision on setting up group of ministers likely
In its previous meeting last week, the Council had decided to extend the surcharge on taxes on luxury goods...
Yes Bank case: CBI books HDIL promoters Wadhawans, others for Rs 200-cr loan fraud
It is alleged that loans taken for Mack Star were transferred to settle HDIL liabilities to Yes Bank without...
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