Parliament Panel Says Lag Impact Of Pandemic May Fuel Bad Loans
A Parliamentary panel has cautioned that a lag impact of pandemic may fuel bad loansNew Delhi: Asking the government to refrain from showing “any early euphoria” on reduction in non…
Assets Of State-Owned Indian Oil, GAIL And NHAI Selected For Monetisation
Government has identified assets of major state-owned companies for monetisationGovernment has identified core assets of major public sector undertakings (PSUs) like National Highway Authority of India (NHAI), Airports Authority of…
June Services Activity Shrinks At Fastest Rate In 11-Months
Service sector related activity contracted sharply in June 2021Activity in the country’s services sector contracted sharply in June as tighter restrictions to contain a resurgence of Coronavirus cases hammered demand…
Manufacturing Sector Index Contracts For First Time In 11 Months: Report
India’s manufacturing index contracted for first time in 11 months in June 2021The manufacturing sector in India declined during June 2021 owing to the severe second wave of Coronavirus pandemic…
Government Puts On Hold Proposal To Cut Import Tax On Edible Oils: Sources
India has put on hold a proposal to reduce import taxes on edible oilsIndia has put on hold a proposal to reduce import taxes on edible oils as cooking oil…
Urgent Direct Income Support Measures Needed To Boost Demand: Ficci
Industry body Ficci has said that direct income support will boost demandIndustry body FICCI has urged for introduction of direct income support measures to boost demand in the country, which…
RBI Governor Meets Private Banks Chiefs To Discuss Impact On Economy
RBI Governor met heads of private banks to discuss impact of Covid on economyReserve Bank of India (RBI) Governor Shaktikanta Das and deputy governors met chiefs of selected private sector…