The Punjab government said on Thursday that it has prepared a set of reforms to reduce the regulatory burden on MSMEs through logic and digitization, which aims to focus on increasing its operations amid the COVID-19 epidemic. Chief Minister Amarinder Singh said in an official statement here, the reforms aimed at improving flexibility and reducing …
Punjab announced reforms in MSME sector to reduce regulatory burden Read More »
Microfinance industry officials have welcomed the steps announced by the Reserve Bank of India (RBI) to support small microleaders severely affected by the second wave of the epidemic. However, the industry was expecting more measures, including postponement of payments by borrowers for at least a few months, given the difficult operating environment. Announcing the measure …
New Delhi: A day after it emerged that the government could introduce a bill in the winter session of Parliament to ban all private cryptocurrencies in India, the values of all major digital currencies have seen a drop on Wednesday. The fall in cryptocurrency prices was between 10% and 20%. Bitcoin fell by around 17%, …
On May 1, Eicher Motors Group Company VE Commercial Vehicles Limited reported a total sales of 2,145 units in April. The company sold only 85 units in the same month last year, when the sale was put in place to prevent the spread of the COVID-19 epidemic by nationwide lockdown.Eicher branded trucks and buses saw …
VE commercial vehicle sales in April are 2,145 units Read More »
Johannesburg – State-owned Punjab National Bank (PNB) has set up a wholly owned subsidiary to run its credit card business, the bank said on Wednesday.PNB Cards & Services Ltd’s wholly owned bank was filed on March 16, 2021, by the Registrar of Companies, Delhi, the regulatory file said. The subsidiary will provide non-financial support services …
Punjab National Bank plans to take advantage of running a credit card business Read More »
Flights between India and UK increase from Rs 1.2 lakh to 1.5 lakh flights throughout August but by mid-September, Etihad, Turkey Airlines and Emirates are very low – between Rs 20,000 up to Rs 35,000. Fares was shot dead last week over rising demand after the UK decided to move India from its “red list” …
India’s top oil refineries are cutting back on imports and imports as the growing COVID-19 epidemic has reduced fuel consumption, which has led to higher crop yields, company officials told Reuters on Tuesday. Indian Oil Corp, the country’s largest refiner, has reduced the run to an average of between 85 percent and 88 percent energy …
Indian oil refineries cut out the imports, importing them as required by the plague Read More »
The global economy is expected to grow by 5.6 per cent in 2021 at the latest, the fastest pace since a recession in 80 years, most with a strong comeback from a number of large economies, the world bank said on Tuesday, noting that, in spite of a recovery in the global production of nearly …
The global economy is expected to grow by 5.6% in 2021, according to the world bank. Read More »
The Telecom Equipment Manufacturers Association of India (TEMA) has signed an agreement with the India-Canada Chamber of Commerce (ICCC) to jointly promote ‘AtmaNirbhar Bharat’, and according to a statement, Telecom and ICT Facilitates investment and manufacturing in regions. TEMA CONNEXT 2021 will come on board as a partner organization for India’s Virtual Trade Mission from …
Make in India, along with TEMA ICCC, promotes investment, manufacturing Read More »
New Delhi: Ruchi Soya Industries, part of the Patanjali Group, is in the final stages of launching its follow-on public offering (FPO) in the last week of February, sources say. Market experts said Ruchi Soya’s FPO will ensure compliance with the minimum public shareholding standards stipulated by the Sebi by significantly increasing the company’s free …
Patanjali’s Ruchi Soya set to launch FPO in February last week Read More »
