Supreme Court restrains banks from charging interest-on-interest on borrower during moratorium
NEW DELHI: The Supreme Court on Tuesday said any amount collected during moratorium period by banks as interest on interest or compound interest, should either be refunded or adjusted against the next EMIs payable by the borrowers. A bench comprising Justices D. Y. Chandrachud, M. R. Shah and Sanjiv Khanna pronounced the verdict. The top […]
Record construction of 534 km of national highways in one week
NEW DELHI: The Ministry of Road Transport & Highways (MoRTH) has created a record by constructing 534 km of National Highways (NHs) in the last week commencing 8 January. The Ministry has constructed 8,169 km of National Highways (NHs) from April 2020 to 15 January 2021 in the current financial year 2020-21, i.e. with a […]
SpiceJet handles 10,000 cargo flights since lockdown in late March
NEW DELHI: Budget carrier SpiceJet has handled around 10,000 cargo flights since the lockdown in March, besides becoming the top cargo handler in October from the country’s busiest Indira Gandhi International Airport, according to the airline. During the coronavirus-induced lockdown that was imposed on March 25, the government permitted operations of only cargo and special […]
Government panel claims COVID-19 has peaked in India, can be controlled by February
NEW DELHI: No fresh lockdowns should be imposed on district or State level to contain the spread of COVID-19 unless there is an imminent danger of healthcare facilities being overwhelmed, according to a government-appointed committee chaired by IIT Hyderabad professor M. Vidyasagar. The committee has also claimed that if all protocols are followed, the pandemic […]
KSRTC to operate buses to Maharashtra from September 22
BENGALURU: The Karnataka State Road Transport Corporation (KSRTC) on Friday said it will restart its operations to Maharashtra from September 22. In a statement, the KSRTC said it had stopped operation of inter-state bus services due to Covid-19 and Lockdown. “As lockdown has been relaxed, KSRTC will restart the operations to Maharashtra State from September […]
EPFO records 3.18 lakh new enrolments in May
NEW DELHI: Net new enrolments with retirement fund body EPFO rose to 3.18 lakh in May from 1 lakh during April 2020, according to its latest payroll data, providing a perspective on employment in the formal sector amid the COVID-19 crisis. Provisional payroll data released by the EPFO last month had showed that net new […]
No coercive action against private firms for non-payment of full wages during lockdown: Supreme Court
NEW DELHI: The Supreme Court on Friday directed the Centre and states not to take any coercive action till July end against private companies, which have failed to pay full wages to their employees during the coronavirus-induced lockdown period. A bench of Justices Ashok Bhushan, Sanjay Kishan Kaul and M R Shah said industries and […]
Lockdown left millions of migrants empty-handed; govt should give Rs 25,000 to each of them
NEW DELHI: The unplanned nationwide lockdown has forced millions of migrants to return home empty-handed and the government should make a direct cash transfer of Rs 25,000 to each of them to salvage the situation, according to S Irudaya Rajan, an expert on migrant issues. There are more than 600 million migrants in the country […]
Amit Shah meets Prime Minister; briefs on CMs views on lockdown
NEW DELHI: Union Home Minister Amit Shah on Friday met Prime Minister Narendra Modi and informed him about the views of all chief ministers on the extension of the ongoing nationwide lockdown beyond May 31, officials said. During the meeting, Shah briefed Modi about the suggestions and the feedback he received from the chief ministers […]
MHA says states can’t dilute lockdown 4.0 guidelines
NEW DELHI: The Union Ministry of Home Affairs (MHA) has said no state or Union Territory will dilute the guidelines issued for the nationwide lockdown that will continue till May 31. In a communication to the chief secretaries of the states and Union territories, Union Home Secretary Ajay Bhalla said the guidelines for the fourth […]
Lockdown 4.0: India warns of strict action for flouting new guidelines
NEW DELHI: The government of India, which on Sunday extended the nation-wide lockdown for another 14 days till May 31, warned of strict action under the Disaster Management Act and Indian Penal Code if the fresh guidelines are not complied with. The nationwide lockdown was first imposed for 21 days starting March 25 and then […]
Supreme Court stays MHA circular on full payment of wages during lockdown
NEW DELHI: The Supreme Court on Friday ordered administrations across India not to prosecute employers who were unable to pay full wages to workers during the Covid-19 induced nationwide lockdown. A bench comprising Justice L. Nageswara Rao, Sanjay Kishan Kaul and B.R. Gavai asked the Centre and states not to prosecute private companies, factories etc. […]
Interest subvention on working capital loans for dairy sector due to lockdown
NEW DELHI: To offset the economic impact of Covid-19 on Dairy Sector, Ministry of Fisheries, Animal Husbandry and Dairying has introduced a new scheme “Interest subvention on Working Capital Loans for Dairy sector” for Supporting Dairy Cooperatives and Farmer Producer Organizations engaged in dairy activities (SDC&FPO) for implementation during 2020-21. Due to higher milk procurement […]
Narendra Modi announces Rs 20-lakh crore economic package to revive Indian economy and lockdown 4
NEW DELHI: Prime Minister Narendra Modi addressed the nation today. Recalling those who have died battling the pandemic, Prime Minister said that the crisis that has emerged due to COVID-19 is unprecedented, but in this battle, we not only need to protect ourselves but also have to keep moving forward. Self-reliant India Talking about the […]
Telangana Chief Minister opposes resumption of train services now
NEW DELHI: Telangana Chief Minister K Chandrasekhar Rao on Monday urged Prime Minister Narendra Modi not to resume the passenger train services at this juncture, saying allowing them would lead to movement of pepole and pose problems in testing them for COVID-19 and quarantining. Rao, who spoke during the video conference held by Modi with […]
After Ahmedabad and Surat, now total lockdown in Gandhinagar from today
GANDHINAGAR: To curb the increasing number of corona positive cases and the spread of virus infection, the Gandhinagar Collector on Saturday said there would be a total lockdown in Gandhinagar city and Kalol municipality on the lines of Ahmedabad and Surat. The lockdown order will be in effect from May 9 (6 p.m.) in Kalol […]