New Delhi
Drugs With Less Than 60% Shelf Life Allowed to be Imported on Condition Due to Covid-19 Crisis
According to rules, the import of such drugs may be permitted after taking an undertaking from the importers by the port officers of CDSCO that the drug will be utilised or consumed before the expiry date and no part of it will be available for sale and d...
HDFC Bank Q4 Net Rises 15.4 Percent to Rs 7,280 Crore
The bank had posted a net profit of Rs 6,300.81 crore during the corresponding January-March period of 2018-19.
China in Mind, Govt Tweaks FDI Policy to 'Discourage Opportunistic Investments' from Border Countries amid Covid-19 Pandemic
According to the new policy, any country that shares a land border with India can only invest via the centralised route; direct investments will not be applicable for them. This list of nations includes China.
Focus on Promoting LPG Cars, Defer Plans for Electric Vehicles: Auto Body on COVID-19 Impact
The Indian Auto LPG Coalition said that the government must adopt alternative fuels such as Auto LPG to immediately address environmental concerns.
COVID-19 Crisis: Air India Ferries Farm Goods to Other Nations Under Krishi Udan Scheme
Air India has identified 10 cargo destinations across the globe, where it will actively utilise its aircraft in ferrying essentials such as fruits, vegetables and medical goods.
Rahul Gandhi Asks Govt to Issue Ration Cards to Poor for Free Ration during Lockdown
Congress leader Priyanka Gandhi also urged the Prime Minister to help migrant workers stranded at various places in the country.
Govt Must Start Printing Money to Fix Economy Reeling under COVID-19 Crisis, Says BCG India Chief: Report
Janmejaya Sinha said the government needs to take a number of steps and address several issues to alleviate poverty and misery in the country.
States With Higher Number of COVID-19 Patients at Greater Risk of Fiscal Slippages: ICRA
It said those state governments which have a larger portion of their revenue receipts dependent on GST compensation, face greater revenue and liquidity risk as collection from the cess would be adversely impacted during the year.
Petrol Sales Shrink 15.5%, Diesel 24% in March as Lockdown Wipes Demand
Also, aviation turbine fuel (ATF) sales fell by 31 per cent as flights got suspended alongside the shutting of businesses and most vehicular traffic going off-road.
COVID-19 Lockdown Impact: Hyundai India Records Sales Dip of 47 Percent in March
Hyundai said that it had sold 61,150 units in the same month last year compared 32,279 units in March 2020.
Coronavirus Impact: SpiceJet Terminates Contract of 13 Expat Pilots Flying Bombardier Q400 Planes
The budget carrier earlier announced a pay cut for its employees, with Chairman Ajay Singh taking the highest trim of 30 percent.
Mega Merger of State-run Banks Comes Into Force From April 1, Says RBI
The government on March 4 had notified the amalgamation schemes for 10 state owned banks into four as part of its consolidation plan to create bigger size stronger banks in the public sector.
BJP MPs to Release Rs 1 Crore Each from MPLADS Funds for Coronavirus Relief, Says Nadda
In his tweets, the BJP President also said that the party MLAs will donate their one month salary towards the relief as well.
Govt Rubbishes Rumours of Bank Branches' Closure; Customer Services Points Open, Says DFS Secretary
The banking industry association made an appeal to customers asking them to avoid visiting branches for non-essential services and make most use of the mobile and online banking channels.
Former RBI Governor Bimal Jalan Blames Yes Bank for Crisis at Private Lender
The only point that you can make is that the problems in Yes Bank were already visible 2-3 years ago and some steps could have been taken earlier, Jalan observed.
Railways Suspends Concessional Tickets, Except for Patients, Students & Divyangs, from Tomorrow
The national transporter said the move was to prevent the vulnerable category of senior citizens from undertaking unnecessary travels because of the coronavirus outbreak.