Railways suspend ticket discounts, earn extra Rs 1,500 crore from senior citizens: RTI
An RTI response has found that railways have earned more than Rs 15 billion in additional revenue from elderly travellers in the two years since...
Tag : coronavirus pandemic
ADB and HSBC India Establish $100 Million Guarantee Plan for Microcredit
The Asian Development Bank (ADB) and HSBC India have signed an agreement to establish a $100 million partial guarantee program to support more than 0.4...
HDFC Bank Extends Special FD Scheme for Senior Citizens
HDFC Bank’s particular fixed deposit scheme for senior citizens has been extended. The bank offers a specific fixed deposit (FD) scheme for senior citizens called...
FM Sitharaman Announces Banks Loans of Rs 3.1 Lakh Crores to MSMEs Under ECLGS
Finance Minister Nirmala Sitharaman announced that banks had sanctioned loans worth Rs 3.1 Lakh Crores under the Emergency Credit Line Guarantee Scheme (ECLGS) for the...
FM Address 74th AGM of Indian Banks Association
Finance Minister Nirmala Sitharaman addressed the 74th Annual General Meeting of the Indian Banks Association (IBA) on 26 September. As the meeting began, Rajkiran Rai...
Starbucks to Sell 50% Stake in South Korea to E-Mart
Starbucks Corp announced on Monday that it would finish any direct ownership in South Korea, selling the 50 per cent stake it owns to local...
Unilever Announces 5% Fall in Net Profits
British consumer goods group Unilever announced a fall in first-half net profits on rising costs. Profit after tax fell 5 per cent to $3.68 billion...
ADB Lowers India’s Economic Growth Forecast to 10%
The Asian Development Bank (ADB) has downgraded India’s economic growth forecast for the current financial year to 10 per cent from 11 per cent projected...
Over Rs 81K Crore GST Compensation Due to States for FY21
Over Rs 81,000 crore GST compensation is due to states for FY 2020-21. In a written reply to a question in the Lok Sabha, Minister...
PM Narendra Modi Introduces M-Yoga App on International Yoga Day
Prime Minister Narendra Modi introduced the ‘the M-Yoga App’ on June 21, during his televised address to the nation on International Yoga Day. The mobile...