NEW DELHI: India has decided to restore with immediate effect all existing visas, except electronic, tourist and medical, as part of a gradual relaxation in visas travel restrictions for more categories of Exterior and Indian citizens. the Union Home Ministry (MHA) decided on Thursday to allow all “Foreign Citizens of …
Read More »‘Respect Indian sovereignty’, government warns Twitter for showing Leh in China
NEW DELHI: The government has sent a stern letter to Jack Dorsey, CEO of Twitter, conveying his strong disapproval of the misrepresentation of the Indian map, and stated that any attempt by the microblogging platform to disrespect the sovereignty and integrity of the country is totally unacceptable. In a heavily …
Read More »India Stimulus Package: Government Working On Next Stimulus Package: Finance Ministry Official | India Business News
NEW DELHI: The government is working on the next stimulus package to support the economy amid positive signs of a drop in Covid-19 cases, a senior Finance Ministry official said Wednesday. The government has received suggestions from various ministries and sectors on the necessary measures, Tarun Bajajsaid the secretary of …
Read More »Trade union cabinet approves bonus for central government employees, benefiting 30 lakh
NEW DELHI: The Union Cabinet approved on Wednesday the immediate disbursement of Rs 3,737 million cousin and bonus linked to non-productivity to the central government of 30 lakh employees within a week, which the government says will boost demand in the holiday season. In announcing the decision, Union Minister Prakash …
Read More »SBI Mortgage Loan Rates: SBI Announces Grant of Up to 25 Bps on Home Loan Rates | India Business News
MUMBAI: State Bank of India, the country’s largest lender, announced on Wednesday a concession of up to 25 basis points (bps) on its home loan rates. With this, OSEClients would earn an interest concession of 25 basis points on a home loan of more than Rs 75 lakh, based on …
Read More »5G in India: Jio Platforms and Qualcomm Successfully Test 5G Solutions, Record Speed of Over 1Gbps in Testing | India Business News
NEW DELHI: Qualcomm and Reliance Jio announced Tuesday that they have aligned their efforts in 5G to accelerate the development and deployment of indigenous 5G network infrastructure and services in India. Leveraging Qualcomm technology, Jio has indigenously developed a 5G RAN (Radio Access Network) product that has achieved ultra-high performances, …
Read More »The government considers the trade talks with Taiwan to be a showdown with China
NEW DELHI: Support within the Indian government to formally begin talks on a trade deal with Taiwan is growing as both democracies see relations with China deteriorate. Taiwan has sought trade talks with India for several years, but Prime Minister Narendra Modi’s government has been reluctant to go ahead because …
Read More »India to lose Farzad-B gas field in Iran: sources
NEW DELHI: India has almost lost ONGC Videsh Ltd-discovered Farzad-B gas field in the Persian Gulf after Iran it decided to prefer domestic companies to foreign ones for the development of the field, the sources said. ONGC Videsh Ltd (OVL), the overseas investment arm of state-owned Oil and Natural Gas …
Read More »Jet-II Becomes A Possibility As Creditors Clarify Kalrock-Jalan JV’s Recovery Plan
NEW DELHI: Rekindling Hope for Jet Airways To fly again, the airline’s committee of creditors on the ground since last April approved a revival plan presented by a London-based consortium of Kalrock Capital and UAE businessman Murari Lal Jalan. The airline can fly in the middle of next year if …
Read More »HDFC Bank’s second quarter net profit increases 16% to Rs 7,703 crore
NEW DELHI: HDFC Bank on Saturday it reported a 16 percent increase in its consolidated net profit of 7,703 crore for the second quarter ended September 30. The private sector lender had posted a consolidated net profit of Rs 6,638 crore in the corresponding quarter a year ago. Total consolidated …
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