Tag: COVID-19

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 […]

WHO working with AstraZeneca, SII, Indian government to restart Covid-19 vaccines shipment

NEW DELHI: The WHO is urgently trying to work with AstraZeneca, Serum Institute of India (SII) as well as the Indian government to restart shipments of COVID-19 vaccines to countries that had to suspend the rollout of second doses of vaccines amid the disruption in supplies, a senior official at the UN health agency has […]

PHDCCI seeks Modi government support for domestic vaccine industry

NEW DELHI: Industry body PHD Chamber of Commerce and Industry (PHDCCI) has urged the government to play an enabler’s role for the vaccine sector, and sought clarity on the status of the segment under the ambit of the production-linked incentive (PLI) scheme announced for the pharmaceutical sector. In a letter to the Prime Minister’s Office, […]

Officers of Under Secretaries rank and above to attend office from June 16

NEW DELHI: All officers of at the level of Under Secretary and above have been asked to attend offices on all working days while persons with disabilities and pregnant women employees would continue to work from home, a Personnel Ministry order issued on Monday said. As regards government servants of the level below Under Secretaries, […]

DLF targets 30 per cent growth in sales bookings to Rs 4,000 crore during FY22; to launch 8 mn sq ft area

NEW DELHI: Realty major DLF aims a 30 per cent jump in its sales bookings to Rs 4,000 crore this fiscal, as the company expects a rise in housing demand despite the COVID-19 pandemic. The company will launch various projects, comprising 8 million square feet of saleable area, to tap this growing demand for residential […]

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