India opens vast railway network to private players

New Delhi: India has opened up its vast railway sector to private companies, allowing firms to operate trains on certain routes, in a bid to boost its stuttering, virus-hit economy. India’s trains and its railway network have been opened for private companies for operating in a bid to boost India’s stuttering, virus-hit economy. The 167-year-old More...

by Ila Choudhary | Published 31 mins ago
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By Ila Choudhary On Wednesday, July 1st, 2020
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FM asks GST officers to proactively address issues faced by biz in tax compliance

New Delhi: Finance Minister Nirmala Sitharaman on Wednesday asked GST officers to foresee the issues faced by domestic businesses and address them proactively so that they can compete on a global scale and build More...

By Ila Choudhary On Wednesday, July 1st, 2020
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India gold prices hit all-time high as virus spike lifts safe-haven demand

Mumbai: Gold prices in India hit an all-time high on Wednesday, tracking a global rally, as surging coronavirus cases in many countries raised the metal’s safe-haven appeal. A sales woman wearing a face shield More...

By Ila Choudhary On Tuesday, June 30th, 2020
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India’s Modi extends free foodgrain program for poor battling coronavirus

Mumbai: The Indian government will extend a free foodgrain distribution scheme for 800 million people amid the ongoing pandemic until the end of November, Prime Minister Narendra Modi said in a national address More...

By Ila Choudhary On Tuesday, June 30th, 2020
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Pandemic leads to six months of global market mayhem

London: Probably the best thing to say about world financial markets so far this year is simply that it has been quite a ride. FILE PHOTO: A security guard wearing a face mask stands near the Bund Financial Bull More...

By Ila Choudhary On Wednesday, June 24th, 2020
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Modi govt has unlocked corona pandemic, petrol-diesel prices: Rahul Gandhi

Congress leader Rahul Gandhi New Delhi: Congress leader Rahul Gandhi on Wednesday took a swipe at the Modi government over the increase in fuel prices and the mounting COVID-19 cases in the country, saying it has More...

By Ila Choudhary On Sunday, June 21st, 2020
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Freeze on new posts to cutting down on stationary use, Rlys set to adopt austerity measures

New Delhi: Calling for a freeze in the creation of new posts, rationalisation of manpower at workshops, shifting outsourced work to CSR, moving ceremonial functions to digital platforms, cutting down on use of stationary More...

By Ila Choudhary On Sunday, June 21st, 2020
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Govt extends Rs 50 lakh insurance scheme for healthcare providers till September

New Delhi: Amid rising number of COVID-19 cases, the government has extended the Rs 50 lakh insurance scheme for about 22 lakh healthcare providers for another three months till September. “Any health professional, More...

By Manish Sen On Saturday, June 20th, 2020
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FinMin proposes curbs on foreign investment in pension funds from China

New Delhi: Amidst growing tension between India and China, the finance ministry on Friday proposed putting restrictions on foreign investment in pension funds from any of India’s bordering countries. FM Nirmala More...

By Ila Choudhary On Thursday, June 18th, 2020
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Finmin seeks expenditure proposals for first supplementary demands adhering to spending cut

New Delhi: The Finance Ministry has sought expenditure proposals for the first batch of supplementary demand for grants from various ministries while adhering to the spending cut in view of the COVID crisis. FM More...

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