NEW DELHI: The fiscal cost and impact on economic activity of measures unveiled by the government on Monday to stimulate consumer demand and capital spending appear to be “fairly modest” but may help build confidence in the short term, economists said. Finance Minister Nirmala Sitharaman announced on Monday measures to …
Read More »Nirmala Sitharaman: Festival Preview, Cash Vouchers, More: How the Government Plans to Boost Consumer Demand | India Business News
NEW DELHI: Union Minister of Finance Nirmala Sitharaman on Monday he announced a series of measures to central government employees as part of its plan to increase consumer spending to stimulate demand in the economy. “There are signs that the savings of government and organized sector employees have increased, we …
Read More »The wagons with bed without air conditioning will be replaced by wagons with air conditioning for trains running at 130/160 km / h:
NEW DELHI: Trains running on identified routes at a speed of 130 km / h or more on the rail network will only have air-conditioned coaches in the near future as part of the Railways’ plans to upgrade the network, an official said on Sunday. Emphasizing that ticket prices for …
Read More »‘Interest over interest’: you can not go beyond the relief already announced, says the Center to SC
NEW DELHI: Amid demands for help from sectors like real estate, the Center said Friday that it would not be possible to add to the already announced financial aid packages and waive compound interest for the six-month loan repayment period months. He also urged the Supreme Court not to receive …
Read More »Swiss Bank Account Details: India Gets Second Set of Swiss Bank Account Details Under Automatic Information Exchange Framework | India Business News
NEW DELHI / BERNE: India has the second set of Swiss bank account details of their nationals and entities under the automatic exchange of the information pact with Switzerland, which marks a key milestone in the government’s fight against black money allegedly hidden abroad. India is among 86 countries with …
Read More »Private Trains in India: L&T, GMR, Bhel Among Private Train Bidders | India Business News
NEW DELHI: The Indian railways said Wednesday that 15 companies, including Arvind Aviation, Cube Roads, Gateway Rail Transportation, L&T, IRB, GMR highways, state property BHEL and PSU railroad, IRCTC among others, have submitted offers to qualify to run passenger trains under the public-private partnership (PPP) mode. The railways received 120 …
Read More »TCS salary increase: TCS will grant salary increases starting in October | India Business News
BENGALURU: TCS will grant salary increases to all its employees from the beginning of this month and the amount is being worked on. IT companies had frozen promotions and promotions, which generally start in June, earlier this year due to the pandemic that had created uncertainty around demand. “The pay …
Read More »As countries rule out Huawei, India and Japan sign a pact on 5G
NEW DELHI: The India-Japan Foreign Ministers’ 13th Strategic Dialogue on Wednesday saw the two sides finalize the text of a cybersecurity agreement promoting cooperation on 5G, Internet of Things (IoT) and Artificial Intelligence ( IA) in addition to security and resilience. in the areas of Critical Information Infrastructure. While the …
Read More »Refund of plane ticket: after SC order, DGCA issues detailed refund rules | India Business News
NEW DELHI: The General Directorate of Civil Aviation on Wednesday issued detailed guidelines for the refund of fares for flights canceled during the Covid-19 lockdown after the Supreme Court recently ruled on the issue. The regulator, based on SC directives, has classified reimbursement applicants into three categories and has issued …
Read More »Sanjay Shah: The Unemployed Trader Who Became A $ 700 Million Exile
NEW DLEHI: When Sanjay shah lost his job during the financial crisis more than a decade ago, he was one of thousands of mid-level traders who were suddenly out of work. Shah was soon back in the game, establishing his own fund targeting loopholes in dividend tax laws. In a …
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