Day: April 5, 2021

TDP demands White Paper from Andhra Pradesh government

AMARAVATI: Telugu Desam Party (TDP), the main Opposition in Andhra Pradesh, on Monday demanded that the Jagan Mohan Reddy government immediately publish a White Paper on the states finances. This demand comes in the wake of the state allegedly not paying salaries to its employees. That it (AP government) could not even pay salaries to […]

Vedanta Resources says contributed over Rs 34,000 crore to Indian exchequer in FY20

NEW DELHI: Diversified natural resources firm Vedanta Resources has said it contributed USD 4.66 billion (Rs 34,018 crore) to the public exchequer in India during the 2019-20 fiscal. Its overall contributions to public exchequers of various countries stood at USD 4.7 billion (Rs 34,310 crore) during the fiscal year, Vedanta Resources said in its latest […]

Supreme Court order on interest waiver: PSU Banks may have to take Rs 2,000 crore hit

NEW DELHI: Public sector banks may have to bear a burden of Rs 1,800-2,000 crore arising due to a recent Supreme Court judgement on the waiver of compound interest on all loan accounts which opted for moratorium during March-August 2020, sources said. The judgement covers loans above Rs 2 crore as loans below this got […]

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