Category: NEWS

India’s Covid-19 vaccination coverage crosses the landmark of 30 crore

NEW DELHI: In a milestone achievement, India’s cumulative vaccination coverage has exceeded 30 Crores yesterday. A total of 30,16,26,028 vaccine doses have been administered through 40,45,516 sessions, as per the provisional report till 7 am today. 64,89,599 vaccine doses were administered in the last 24 hours. These include: HCWs 1st Dose 1,01,58,915 2nd Dose 71,32,888 FLWs 1st Dose 1,73,03,658 […]

Enforcement Directorate transfers Rs 9,371 crore assets seized in Vijay Mallya, Nirav Modi and Mehul Choksi to Public Sector Banks

NEW DELHI: The Enforcement Directorate (ED) on Wednesday transferred seized assets worth Rs 9,371.17 crore in the cases related to Vijay Mallya, Nirav Modi, and Mehul Choksi, to Public Sector Banks (PSBs) and Central Government. Assets worth Rs 18,170.02 crore have so far been seized by the ED. “Enforcement Directorate (ED) not only seized assets […]

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 […]

NCLT approves Jalan Kalrock Consortium”s resolution plan for Jet Airways

NEW DELHI: The National Company Law Tribunal (NCLT) on Tuesday approved the Jalan Kalrock Consortium”s resolution plan for the bankrupt-Jet Airways, two years after the once-storied airline went into insolvency proceedings. Financial distress forced Jet Airways, which flew for more than two decades, to suspend operations on April 17, 2019 and a consortium of lenders, […]

Airtel joins hands with Tata Group for ‘Made in India’ 5G

NEW DELHI: Bharti Airtel, India’s premier communications solutions provider and Tata Group, have announced a strategic partnership for implementing 5G networks solutions for India. Tata Group has developed a ‘state of the art’ O-RAN based Radio & NSA/SA Core and has integrated a totally indigenous telecom stack, leveraging the Group capabilities and that of its […]

India, Fiji sign MoU for cooperation in the field of agriculture and allied sectors

NEW DELHI: India’s Agriculture & Farmers Welfare Minister  Narendra Singh Tomar and Fiji’s Minister of Agriculture, Waterways & Environment, Dr. Mahendra Reddy signed a Memorandum of Understanding (MoU) for cooperation in the field of Agriculture and allied sectors between India and Fiji in a virtual meeting held today. On this occasion, Tomar said that India […]

Draft cabinet note floated for 100% FDI in oil PSUs approved for disinvestment: Sources

NEW DELHI: The commerce and industry ministry has floated a draft cabinet note seeking inter-ministerial views on a proposal to allow up to 100 per cent foreign investment under automatic route in oil and gas PSUs, which have an ‘in-principle’ approval for disinvestment, sources said. The move, if approved by the union cabinet, would facilitate […]

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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