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Sumant Banerji
New Delhi, May 12, 2021
India's scrappage policy for automobiles has the potential to reduce pollution and the industry's carbon footprint while creating employment and demand. It's a $6-billion opportunity


Ashutosh Kumar
New Delhi, May 12, 2021
In order to reduce its carbon footprint, the entire Indian Railways network will be electrified by 2023. It will also instal 20GW of solar power by 2030


BusinessToday.In
May 10, 2021
Megastar Amitabh Bachchan  laid down a list of charity work done by him without revealing the amount in his recent blog


Sumant Banerji
May 10, 2021
Every segment of the industry registered a steep decline in sales except tractors that bucked the trend and continued to post solid growth. Registration of PVs was down 14%, two-wheelers by over 31%, three-wheelers by 64% and commercial vehicles by 49% in April 2020 over April 2019


BusinessToday.In
May 9, 2021
Tata Consultancy Services (TCS) emerged as the biggest gainer last week wherein its market cap jumped from Rs 34,623.12 crore to Rs 11,58,542.89 crore


BusinessToday.In
New Delhi, May 7, 2021
State-run lenders will take a lead in creation of the bad bank, but the sick asset resolution platform needs the support of private banks and other lenders to be successful, said State Bank of India Managing Director Swaminathan; India has welcomed the US support for a relaxation in the norms of the TRIPS (Trade-Related Aspects of Intellectual Property Rights) agreement to ensure quick and affordable access to Covid-19 vaccines and medicines for developing countries; Jindal Steel and Power Ltd (JSPL) said it has ramped up its daily oxygen supply limit to 120 tonne/day for the treatment of COVID-19 patients. Watch this and more news on News Blast.Also Read: Covid second wave to have muted impact on economy: Finance Ministry


Reuters
May 7, 2021
Cairn was awarded damages of more than $1.2 billion plus interest and costs in December in a long drawn-out tussle with the Indian government over its retrospective tax claims


BusinessToday.In
May 7, 2021
SBI's digital platforms- INB, YONO, YONO Lite and Unified Payments Interface (UPI) services will also remain impacted during this period


Rashi Bisaria
New Delhi, May 7, 2021
COVID-19 in India: Centre issues guidelines for vaccination of aviation staffThe Centre on Thursday, issued an advisory to facilitate swift COVID-19 vaccination of aviation personnel working in government as well as private entities. As per the guidelines, civil aviation community provided unhindered services for the movement of people in need and essential cargo including critical medical cargo like vaccines, medicines, Oxygen Concentrators, etc., thus their vaccination remains a priority....


PTI
May 6, 2021
If all lenders come on board, the National Asset Reconstruction Company (NARC) announced in the budget will be able to aggregate 100 per cent of a sick company's outstanding loans


Ashutosh Kumar
May 6, 2021
Several tax provisions contained in Budget 2020 are impacting donations and relief measures. For instance, welfare trusts and other organisations involved in arranging relief materials are facing difficulty in raising funds from donors as they lack power to issue tax exemption certificates


BusinessToday.In
May 6, 2021
Report says second wave can lead to potentially larger impact on work, incomes, food security, health and education because it's coming on the back of depleted savings, debt, and reduced fallback options


BusinessToday.In
May 6, 2021
RBI Governor Shaktikanta Das announced had a Rs 50,000 lending programme to ramp up COVID-19-related healthcare infrastructure amid massive second wave ravaging India


BusinessToday.In
May 6, 2021
The macro impact of the scheme can be gauged from the fact that Rs 50,000 crore is roughly 9% of India's total health expenditure of Rs 6 lakh crore under private final consumption expenditure in 2019-20, according to SBI Ecowrap


PTI
May 5, 2021
Shaktikanta Das said the quarantine facilities of the RBI continue to operate with over 250 RBI personnel and service providers to ensure continuity of various segments of financial markets and RBI operations


BusinessToday.In
May 3, 2021
Uday Kotak said, \"Given the current pandemic situation, safeguarding lives is of utmost priority and nationwide maximal response measure at the highest level is called for to cut the transmission links\"


BusinessToday.In
May 3, 2021
Das advised the NBFCs and MFIs to pay focussed attention to strict adherence to fair practices code, improve customer grievance redress mechanism and strengthen their IT systems


BusinessToday.In
May 3, 2021
Coronavirus in India: Kotak added that even though healthcare and frontline workers are giving their best efforts, it might not be possible for them to manage the escalating caseloads


BusinessToday.In
May 2, 2021
Dinesh Kumar Khara, chairman at State Bank of India added that as the lockdown was not pan-India, one will have to wait and watch to assess its impact on the banking sector


BusinessToday.In
May 1, 2021
The bank will also offer a concession of 5 basis points to women borrowers and customers applying for loan through YONO app.


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