But Future group says Amazon failed to provide any help to debt-laden company that suffered a massive setback during COVID-induced lockdown. Amazon, on the other hand, says there were ongoing discussions on multiple options with partners and with the promoters of Future

Maruti Suzuki vehicle exports cross 20 lakh milestone Auto giant Maruti Suzuki India (MSI) announced on Saturday, February 27, that the firm has achieved the milestone of 2 million (20 lakh) cumulative product exports. The country's largest automaker crossed the mark after a batch of its products comprising S-Presso, Swift and Vitara Brezza left the Mundra Port in Gujarat for South Africa. GoAir receives Rs 800 crore credit line from banksLow cost carrier GoAir, owned by Indian business ...

Nearly 96 per cent of the people surveyed under a food rights campaign in Maharashtra faced a drop in their earnings during the coronavirus-induced lockdown

COVID-19 in Mumbai: State govt fights to curb coronavirus crisis; BMC issues fresh guidelines In the light of a rise in COVID- 19 cases, the Brihanmumbai Municipal Corporation has decided to register offences against people who violate safety guidelines, an official said on Thursday. The civic body has intensified action against people found without masks in public, and will take action against function halls, gymnasiums and other establishments that don't follow safety norms, the official ...

India to emerge out of COVID-induced recession in Dec quarter: ICRA Bolstered by revival in private consumption and government spending, India is set to exit the recession caused by the coronavirus pandemic in the third quarter of this fiscal, projected rating agency ICRA. The agency estimated Indian economy to record a rise of 0.7 per cent in Q3 FY21, after two very unfavourable quarters. Mumbai to face another lockdown if people violate COVID-19 rules: BMC mayorBrihanmumbai Municipal C...

Until now, officers of the level of Under Secretary and above were only attending office due to the coronavirus-induced restrictions imposed in March

RBI's database, reports and other evidence show India is credit surplus; large industrial houses have high debt stress, and that easy credit poses serious macro-financial risks to the economy

Covid-19 vaccine: AstraZeneca applies for approval in JapanDrugmaker AstraZeneca PLC said on Friday it had applied for approval in Japan of its COVID-19 vaccine, making it the second pharmaceutical firm to do so after Pfizer Inc. The Japanese government in December signed a contract to procure 120 million doses of the AstraZeneca vaccine, enough for 60 million people. Aviation sector showing positive signs but still in eye of storm: Airbus India presidentThe Indian aviation sector is showi...

Indian airlines are currently carrying 60 per cent of the total pre-COVID domestic passengers and this is better than most countries in the world, Remi Maillard, President and Managing Director, Airbus India and South Asia said in an interview

India Stock Market News Updates Today: Sensex scaled record high of 51,073.27 while the Nifty hit record high of 15,014.65 level in early trade. SBI, Kotak Bank, IndusInd Bank, HDFC, ONGC and Axis Bank were top gainers in the Sensex pack

India resumed its scheduled domestic passenger flights on May 25, 2020 after keeping them suspended for a period of two months due to the coronavirus-induced lockdown

The finance minister is being assisted by a team of advisers and secretaries in making Union Budget 2021 tasked with the mission to pull the economy from the deep abyss

Experts are expecting tax relief under multiple heads in Budget 2021-22. This despite the Centre staring at a gaping hole on the revenue front in the current financial year due to the pandemic

Although the challenges are complex and expectations from the budget are high, the budget needs to be a well-intended one in its approach and commitment to the development of the sector and the realisation of the vision of the NEP

Union Budget 2021 Highlights: Congress leader P. Chidambaram said that the government had only marginally raised health funding, which when adjusted to inflation becomes nil

Budget 2021: Even after lockdown restrictions were lifted, restaurants managed operations with curbs in place comprising early closures and checks on serving alcohol

The DoPT said it had been receiving requests for grant of one-time relaxation for reimbursement of cancellation charges.

A simple act like reducing stand duty could be a strong enabler for home buyers returning to the market and keeping the cash inflows of the real estate sector intact

Since the education sector in India continues to be a strategic priority for the government, it has already allowed 100% FDI in the education sector through the automatic route since 2002

Banks provide the lifeblood to the financial well-being of different segments. In a crisis, wehave to do everything to safeguard their interests