India issues advisory for advertisers for online gaming, fantasy sports on TV

New Delhi [India], December 4 (ANI): India’s Ministry of Information and Broadcasting on Friday issued an advisory on advertisements on online gaming and fantasy sports in all private satellite TV channels directing advertisers to give disclaimers that such games involve financial risk and no people under the age of 18 will take part in them. More...

by Manisha Sen | Published 11 hours ago
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By Manisha Sen On Friday, December 4th, 2020
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RBI keeps key rates steady as expected

MUMBAI (Reuters) – The Reserve Bank of India (RBI) kept key interest rates steady as widely expected on Friday amid persistently high inflation, and after a better-than-expected reading on economic growth. FILE More...

By Manisha Sen On Friday, December 4th, 2020
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Vaccine can’t undo damage from global pandemic: UN chief

UNITED NATIONS (AP) — The U.N. chief warned Thursday that the social and economic impact of COVID-19 “is enormous and growing” and said it’s foolish to believe a vaccine can undo damage from the global pandemic More...

By Ila Choudhary On Tuesday, December 1st, 2020
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Pandemic to fan surge in humanitarian needs in 2021: UN

GENEVA (AP) — The U.N. humanitarian office says needs for assistance have ballooned to unprecedented levels this year because of COVID-19, projecting that a staggering 235 million people will require help in 2021. FILE More...

By Manish Sen On Sunday, November 29th, 2020
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CBIC asks for physical verification of biz granted deemed GST registration between Aug 21-Nov 16

New Delhi, Nov 29 (PTI) The CBIC has asked field offices to carry out physical verification of premises of businesses which have been granted deemed GST registration between August 21 and November 16 to ascertain More...

By Manisha Sen On Friday, November 27th, 2020
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Supreme Court adjourns to Dec 2 hearing on plea seeking loan moratorium extension

New Delhi [India], November 27 (ANI): The Supreme Court on Friday adjourned to December 2 hearing on pleas seeking extension of the loan moratorium period and waiver of interest on term loans in view of the COVID-19 More...

By Manisha Sen On Friday, November 27th, 2020
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India’s economy shrinks 7.5% in July-Sept quarter

NEW DELHI (Reuters) – Indian economy contracted 7.5% in the quarter to September, government data showed on Friday, showing some signs of a pick-up after the easing of pandemic restrictions that triggered More...

By Manisha Sen On Friday, November 27th, 2020
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FM pushes large CPSEs to exceed capital expenditure target by March

New Delhi, Nov 27 (PTI) Finance Minister Nirmala Sitharaman on Friday exhorted large central public sector enterprises (CPSEs) to exceed their planned capital expenditure (Capex) target for 2020-21 by March to accelerate More...

By Manisha Sen On Friday, November 27th, 2020
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Indian economy probably picked up in September quarter as hopes grow for vaccine

NEW DELHI (Reuters) – India’s economy is likely to have shown signs of a pick-up in the quarter to September after a record contraction the previous quarter, and is expected to recover early next year on More...

By Manisha Sen On Thursday, November 26th, 2020
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Trade union strike partially affects normal life in Bengal

Kolkata, Nov 26 (PTI) Normal life was partially affected in parts of West Bengal on Thursday due to the nationwide strike called by several trade unions in protest against the Centre’s economic policies. Trade More...