Tag: India Coronavirus

Indian economy to struggle with effects of virus through 2025: Report – Times of India

(Representative image)NEW DELHI: India will be worst-affected among the world’s major economies even after the pandemic wanes, with output 12% below pre-virus levels through...

India key pillar in collaborative global efforts to fight Covid-19: WEF chief – Times of India

NEW DELHI: India stands out as an essential component to a concrete global action plan being readied to fight COVID-19, including for large-scale vaccine...

GDP growth contracts by 23.9% in Q1 against 3.1% growth in previous quarter – Times of India

NEW DELHI: India's gross domestic product (GDP) growth for the first quarter (ended June 30) of financial year 2020-21 suffered largest quarterly slump of...

Major changes in banking services: ATM withdrawal, minimum balance relaxations expire from July 1

The rules of financial services like transaction charges after exhausting free cash withdrawal limit on ATM, the minimum account balance in the bank account...

Vistara CEO to take 20% salary cut for July-December, employees to face upto 15% pay cut

Amid the coronavirus COVID-19 crisis in the aviation sector, Vistara Airlines on Tuesday announced that its CEO Leslie Thng will take a 20 per...

These Startups Are Combating Covid-19 With Grants From An Indian Billionaire

New Delhi, India, on May 6, 2020. Yawar Nazir/Getty Images As the coronavirus began spreading across...

Govt will take steps to make India MRO hub: FM Nirmala Sitharaman

Union Finance Minister Nirmala Sitharaman on Saturday said steps will be taken to make the country a hub for Maintenance, Repair and Overhaul (MRO)...

Centre announces privatisation of discoms in UTs

Union Finance Minister Nirmala Sitharaman on Saturday said electricity distribution companies in Union Territories (UTs) will be privatised. A tariff policy that does not burden...

Centre raises viability gap funding for social infra projects

Union Finance Minister Nirmala Sitharaman on Saturday announced a hike in viability gap funding (VGF) for development of social infrastructure. In her fourth tranche...

India to set up research reactor for affordable treatment of cancer, other diseases

India will set up a research reactor in public-private partnership (PPP) mode for the production of medical isotopes, Finance Minister Nirmala Sitharaman said on...

India opens space sector for private players

Union Finance Minister Nirmala Sitharaman on Saturday announced giving the private sector a role in India's space programme, including in satellites, launches and space-based...

Restrictions on utilisation of Indian air space to be eased for efficient flying of civilian

Union Finance Minister Nirmala Sitharaman on Saturday announced the easing of restrictions on utilisation of Indian air space, benefiting civil aviation sector by about...

Ban on import of certain weapons used by Indian forces, FDI in defence manufacturing hiked to 74% from 49%

In a bid to boost Make in India in defence production, Union Finance Minister Nirmala Sitharaman on Saturday said that some weapons and platforms...

Commercial mining in coal sector will be introduced, govt monopoly will be removed: Union Finance Minister Nirmala Sitharaman

Union Finance Minister Nirmala Sitharaman on Saturday announced that commercial mining in the coal sector will be introduced and govt monopoly will be removed....

Indian Retail Pioneer Faces Stress Test Amid Coronavirus Pandemic

Kishore Biyani. James Leynse/Corbis via Getty Images For Kishore Biyani, who started his career selling stonewash...

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