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Economy
NEC forms a strategic alliance with Urban Mass Transit Company to develop efficient…
NEC Technologies India (NEC India), a wholly owned subsidiary of NEC Corporation, and Urban Mass Transit Company (UMTC), a joint venture of the Ministry of Housing and Urban Affairs,…
Muthoot Group Reduces the Customer Onboarding Time for its Loan@Home Service to 15…
Ameyo, an omnichannel customer engagement platform, announced that it has been selected by The Muthoot Group, the largest gold loan provider in India as well as around the globe, as the…
DECRIMINALISING CHEQUE BOUNCE DETRIMENTAL TO INDIAN TRADE- CAIT TO FM NIRMALA…
The Confederation of All India Traders (CAIT) in a letter to Union Finance Minister Nirmala Sitharaman urging the Government not to decriminalize Section 138 of the Negotiable Instruments…
Govt starts e-campaign on Voluntary Income Tax Compliance for tax payers
The Income Tax Department is all set to start an e-Campaign on voluntary compliance of Income Tax for the convenience of the taxpayers from today. The 11-day campaign will focus on the…
India’s foreign exchange reserves reach all-time high of 516.362 billion…
India's foreign exchange reserves have swelled by 3.108 billion dollars to reach a fresh all-time high of 516.362 billion dollars in the week ended 10th July 2020. Foreign currency…
PSBs to purchase NBFC Bonds/CPs worth Rs 14,667 cr under extended PCGS: FM Nirmala…
Finance Minister Nirmala Sitharaman has said that the Partial Credit Guarantee Scheme, PCGS was revamped under the Aatmanirbhar Bharat Package to support the liability side of Non Banking…
Union Bank of India reduces MCLR by 20 basis points across tenors
State-owned Union Bank of India has announced reduction in its marginal cost of funds-based lending rate - MCLR by 20 basis points across tenors. The new rates will be applicable from…
Union govt releases Rs 6,195.08 rupees to 14 states as fourth equated monthly…
Union Government has released 6,195.08 crore rupees to 14 states as the fourth equated monthly installment of the Post-Devolution Revenue Deficit Grant (PDRDG) as recommended by 15th…
GoI, World Bank ink 750 million US dollar agreement for MSME Emergency Response…
The Government and the World Bank have signed a 750 million US dollar agreement for the MSME Emergency Response Programme. It aims at supporting increased flow of finance to…
SAIL records highest ever monthly sales and exports in June
Steel Authority of India (SAIL) has achieved the highest ever June month sales during June 2020. The domestic and export sales stood at 12.77 lakh tonnes which is a jump of more than 18…