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3 mins read

Credit card now under LRS ambit – 20% TCS to be charged on spends using international credit cards

The Central government has amended the rules under the Foreign Exchange Management Act to bring cre…

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Shri Ram College of Commerce sees a 32% increase in the average pay package as it ends its placement drive amid COVID-19

SRCC, part of the Delhi University (DU), has ended placement season 2020 amid COVID-19. The the …

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2 mins read

Domestic investor holding hit an all-time high in June quarter: Prime database

Share of domestic institutional investors (DIIs), which includes domestic mutual funds, insurance c…

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5 mins read

Modi tops 'corona' economic package to Rs 20 lakh cr; COVID-19 tally crosses 74k

New Delhi, May 12 () Prime Minister Narendra Modi on Tuesday announced a consolidated economic pac…

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Banks sanctions about Rs 1.20 lakh crore loans to MSMEs under credit guarantee scheme

Under the scheme, 100 per cent guarantee coverage will be provided by the National Credit Guarante…

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Lockdown 4.0 will have new characteristics and rules and they will be released before May 18, says Prime Minister Modi

Indian Prime Minister Narendra Modi announced a ₹20 lakh crore stimulus package to boost the econom…

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2 mins read

Government provides ₹35,000 crore under Pradhan Mantri Garib Kalyan Package

Around 39 crore beneficiaries have been provided with cash support through direct benefit transfer …

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1 min read

Eco stimulus package includes Rs 8 lakh cr liquidity measures by RBI: FM

The five part stimulus package announced beginning May 13 comprised Rs 5.94 lakh crore in the firs…

PTI   


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RBI may have to monetise around Rs 7 lakh cr of stimulus package: BofA

Explaining how BofA expects the government to fund this amount without too badly hurting fiscal ba…

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3 mins read

Budget 2023 proposes 20% TCS on foreign expenses under LRS

Overseas education and medical treatment: For both overseas education and medical treatment, t…

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Economists pitch for Rs 3 lakh cr additional package to tide over COVID crisis

The note welcomed talk of a staggered pullout from the lockdown and pitched for top preference to b…

PTI   


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COVID-19 pandemic: J-K administration announces Rs 350-crore relief package

The administrative council, in its latest meeting under the chairmanship of Lieutenant Governor G …

PTI   


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Stimulus packages will have impact of Rs 1.29 lakh cr on fiscal deficit: SBI Report

"Of the total announcement of Rs 3.16 lakh crore (on Thursday), the total cash outlay for the Gover…

PTI   


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IIT Kharagpur kicks off placement season with a bang — 5 students bag offers over ₹1 crore

Beating slowdown blues, five students at India’s oldest Indian Institute of Technology (IIT) Kharag…

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2 mins read

AITUC demands Rs five lakh Cr package to deal with COVID-19 from Central Govt

"We at the AITUC while take the lockdown as necessary step as a preventive measure to stop the spr…

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Centre launches ₹20,000 crore subordinate debt scheme for stressed MSMEs

"Govt has given yet another facility for financially stressed MSMEs. The sub-debt scheme has…

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2 mins read

Ensure effective rollout of Rs 3-lakh crore ECLGS for MSMEs: FM to pvt banks

The main objective of the scheme is to provide an incentive to member lending institutions to incre…

PTI   


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1 min read

Banks sanction Rs 62,870 crore to over 70 lakh Kisan Credit Card holders

"As on 30.06.2020, 70.32 lakh Kisan Credit Cards have been sanctioned with credit limit of Rs 62,87…

PTI   


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2 mins read

Free foodgrain, cash to deal with eco cost of lockdown; govt unveils Rs 1.7 lakh cr package

New Delhi, Mar 26 () The government on Thursday unveiled a Rs 1.70 lakh crore economic package invo…

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4 mins read

Bikaji Foods raises ₹262 crore form anchor investors; over 40% shares bought by mutual funds

FMCG company Bikaji Foods International raised ₹262 crore from anchor investors, the company said o…