Tag Archives: Business News

Nirmala Sitharaman: There is no adequate amount of government intervention for an economy hit by the pandemic | India Business News

CALCUTTA: Finance Minister Nirmala Sitharaman said on Thursday that the government has taken various measures to support the economy but no amount of intervention will be adequate to deal with the crisis triggered by the Covid-19 pandemic. Addressing the annual general meeting of the Indian Chamber of Commerce (ICC), Sitharaman …

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Cabinet Approves Rs 3.5 billion Sugar Export Subsidy

NEW DELHI: The government on Wednesday approved a grant from Rs 3,500 crore to sugar mills for export of 60 lakh tons of sweetener during the current 2020-21 business year as part of their efforts to help them pay outstanding fees from sugar cane farmers. Reporting to the media after …

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The government will prepare a list of reliable sources for the purchase of telecommunications equipment

NEW DELHI: Amid the ongoing border clash with China, the Center announced Wednesday that it will prepare a list of “trusted” telecommunications providers from where you can buy equipment. Government action effectively means that certain telecommunications equipment China’s suppliers may face new obstacles. “The Cabinet Security Committee has approved the …

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