Mumbai
RBI Expects FY21 GDP Growth to Contract by 9.5% in First Official Estimate; Repo Rate Unchanged at 4%
The monetary policy committee (MPC) kept the repo rate, its key lending rate, at 4%, while the reverse repo rate or the key borrowing rate stayed at 3.35%.
Why is Media Not Questioning UP Govt, Asks Raj Thackeray After Rahul Gandhi's Hathras Visit Prevented
He also wondered why the 'media' is not asking any questions to the BJP government in the northern state.
Mumbai Civic Body Orders 72,000 Remdisevir Injections to Treat Critical Covid-19 Patients
The Brihanmumbai Municipal Corporation has received the first batch of 10,000 vials which were distributed to various hospitals and jumbo (large-scale) COVID-19 treatment facilities in the city.
Sensex Climbs Nearly 400 Points in Early Trade; Nifty Above 10,900
The 30-share index was trading 395.08 points or 1.08 per cent higher at 36,948.68, and the NSE Nifty climbed 121.50 points or 1.12 per cent to 10,927.05.
Work from Home Culture to Continue Even After Covid-19 Pandemic Ends: Bill Gates
Various parts of the world have been under strict lockdowns following the Covid-19 outbreak, forcing organisations to let their employees work from home.
Maratha Quota: Maharashtra Govt Files Plea Before Larger Bench of SC
PWD Minister Ashok Chavan later told reporters that the application was filed on Monday morning and added the counsels representing the government will try to see that the hearing on the application takes place soon.
Pawar Meets CM Uddhav Thackeray, Discusses Covid-19 Situation and Maratha Reservation, Say Sources
Apart from the coronavirus situation, a major issue before the ruling coalition is how to respond to the Supreme Court’s stay to the implementation of the Maratha reservation.
Mumbai Man Arrested For Duping ATM Users; Over 100 Debit Cards Recovered
The accused used to target people who faced problems while using their ATM cards, the official said.
US Law Firm Files Class Action Suit Against HDFC Bank for Misleading Claims
The complaint did not mention the exact quantum of the damages sought, though it maintained that may be thousands of investors would have suffered.
State Ownership Helps Deposit Franchise of PSBs, Divesting Majority Stakes 'Credit Negative': Icra
Many of the entities where the government is mulling selling off majority stake as per reports have a weak credit profile, Icra Ratings said, adding a move to reduce the public ownership will be hurtful.
Wolverhampton Wanderers to Dive into Indian Market After Covid-19 Subsides, to Link with Schools, Clubs
Premier League club Wolverhampton Wanderers had announced their association with Boss Entertainment India and are looking to penetrate the market here.
Post SC Stay on Implementation of Maratha Quota Law, Ashok Chavan Says May Move Application
The Supreme Court on Wednesday stayed implementation of the Maratha quota law and referred petitions challenging the law to a larger constitution bench.
Finance Minister Sitharaman Launches Doorstep Banking Initiative by PSBs to Provide Convenience to Customers
Now, one can bank from home with the finance minister launching the doorstep service initiative of PSBs, Financial Services Secretary Debasish Panda said.
Indian Economy Worst Hit, FY21 GDP to Contract 14.8 Pc: Goldman Sachs
It had earlier estimated that the economy of the country, which is now home to the second-largest number of COVID-19 infections, to contract by 11.8 per cent.
Flood-affected JEE-NEET Students in Maharashtra Can Approach National Testing Agency: Minister
Vijay Wadettiwar minister for relief and rehabilitation in the Uddhav Thackeray government, said the state would protect the interest of all students, adding that the NTA will take an appropriate decision on such representations.
Rupee Hits Over 5-month High on Dollar Inflows, RBI Eyed
The partially convertible rupee rose to a high of 73.5150 per dollar, its strongest since March 5. It had closed at 73.83 on Thursday.