Tag: COVID-19

HDFC Bank’s Aditya Puri highest paid, ICICI Bank Sandeep Bakshi forgoes salary in Covid-19 year

NEW DELHI: HDFC Bank’s Aditya Puri emerged as the highest grossing banker among the top three private sector lenders in his retirement year with total emoluments of Rs 13.82 crore. His successor Sashidhar Jagdishan, who took over as the chief executive and managing director of the largest private sector lender on October 27, 2020 grossed […]

Over $157 billion deployed in last 15 months to fight Covid-19 pandemic: World Bank

NEW DELHI: In its largest-ever crisis response, the World Bank has deployed over USD 157 billion to fight the impact of the COVID-19 pandemic on health, economic and social fronts over the last 15 months. This represents an increase of more than 60 per cent over the 15-month period prior to the pandemic, the bank […]

Opposition should ask difficult, stinging questions but should also give opportunity to reply in peaceful environment: Narendra Modi

NEW DELHI: Prime Minister Narendra Modi on Monday siad that I hope all of you have been vaccinated at least once. But even then, I pray to all of you and my colleagues in the House to cooperate in following the Corona protocols. Vaccine is given in ‘baahu’ (arms), and those who take it become ‘Baahubali’. […]

Delhi airport’s T2 terminal to reopen from July 22

NEW DELHI: The T2 terminal of the Delhi international airport will resume operations from July 22, two months after it was shut down due to significant drop in domestic air traffic owing to the COVID-19 pandemic’s second wave, a statement said on Saturday. The resumption of operations at T2 from July 22 onwards will be […]

We expect vaccinated Indians to be treated at par with those in European Union: India

NEW DELHI: India on Friday said it expects that its CoWIN vaccination certificate would be recognised by the European Union on a reciprocal basis for travel and it is in touch with member states of the bloc over this issue. Ministry of External Affairs Spokesperson Arindam Bagchi said the European Union has now instituted what […]

GST will help in achieving the vision of five trillion dollar Indian economy by 2025

NEW DELHI: India’s Road Transport & Highways and MSME Minister Nitin Gadkari has said that GST will help achieve the vision of five trillion dollar Indian economy by 2025. Addressing a webinar on the “GST Day” on the theme “THE JOURNEY OF GST AND WAY FORWARD – AATMANIRBHAR BHARAT” organised by the Institute of Cost […]

Economic revival:India raises ECLGS scheme limit to Rs 4.5 trillion

NEW DELHI: To help revival of the economy battered by COVID-19,India’s  Finance Minister Nirmala Sitharaman on Monday announced a slew of measures, including Rs 1.1 lakh crore (Rs 1.1 trillion) credit guarantee scheme for improving health infrastructure, and enhancing the limit under the ECLGS by 50 per cent to Rs 4.5 lakh crore for the […]

India’s second Covid-19 wave to impact infrastructure sectors, says Moody’s

NEW DELHI: India’s second coronavirus wave will affect its infrastructure sectors to varying degrees with power companies and ports better able to weather the impact of pandemic-induced disruptions compared with airports and toll roads, according to a new report by Moody’s Investors Service. Any further regional lockdowns will increase uncertainty over India’s economic recovery, said […]

Kerala government seeks moratorium on repayment of loans

THIRUVANANTHAPURAM: The Kerala government has approached the Centre to put in place a moratorium on repayment of loans till December 31 in order to provide relief to individuals in the unorganised sector, MSMEs, agriculture and others adversely affected by COVID-19 pandemic and the subsequent lockdown. Kerala has sought a moratorium of loans without accrual of […]

Narendra Modi government open to more measures to boost economy

NEW DELHI: The Narendra Modi government is open to coming out with more measures to boost the economy which has been hit by the second wave of the coronavirus pandemic, says Chief Economic Advisor (CEA) K V Subramanian. He, however, added that the demand for a fresh stimulus package has to be considered against the […]

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