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 […]
North India likely to receive rainfall from April 5-9
NEW DELHI: The hilly areas of north India and the plains are likely to receive widespread rainfall from April 5-9, the India Meteorological Department (IMD) said on Monday. It said heatwave conditions are very likely in isolated pockets over southwest Rajasthan during the next 24 hours, over east Rajasthan during the next two days, over […]
Sensex tumbles 871 points; Nifty tanks below 14,650
NEW DELHI: Equity benchmark Sensex tanked 871 points on Monday, dragged by a selloff in financial stocks as spiking COVID-19 cases spooked investors and fanned concerns over economic recovery. After plunging over 1,400 points earlier in the day, the 30-share BSE index pared some losses to finish at 49,159.32, down 870.51 points or 1.74 per […]
India’s steel output reports marginal fall to over 19 MT in January-February 2021
NEW DELHI: India’s crude steel output fell by 1 per cent to 19.1 million tonnes (MT) during the first two months of 2021, according to worldsteel. The country had produced 18.9 MT crude steel during the same period last year. The production for the 64 countries reporting to the worldsteel was 313.1 MT in January-February […]
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 […]