Business

SC allows Air India to fly for 10 days with middle seats filled in scheduled aircraft

Times of India May 25,2020

The Supreme Court on Monday allowed Air India to keep the middle seats occupied while operating its non-scheduled flights to bring back Indians stran...

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Domestic flight services resume in India after two months

Times of India May 25,2020

Domestic passenger flights resumed in India after a gap of two months. The Delhi airport saw its first departure at 4.45 am to Pune while Mumbai airpo...

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Oil, gas giants may get tax sop as govt works on lifeline

Times of India May 24,2020

The government is stitching together a package to help domestic oil producers pull through the price crash and the uncertainty in the global oil marke...

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ITC to acquire spices maker Sunrise Foods

Times of India May 24,2020

Diversified business entity ITC Ltd on Sunday said it will fully acquire spices manufacturer Sunrise Foods Private Ltd (SFPL). While the company did n...

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'Reforms don't mean abolition of labour laws'

Times of India May 24,2020

In recent weeks, various state governments, including Uttar Pradesh and Gujarat, have either made amendments or proposed changes to existing labour la...

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Telcos approach Trai for early decision on floor price

Times of India May 24,2020

Telecom players have urged regulator Trai to move forward quickly on the issue of fixing floor price for tariffs, saying the matter is imperative to e...

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Job searches for remote work surge in Feb-May: Report

Times of India May 24,2020

Job searches for remote work in India have surged by over 377 per cent during February to May amid the coronavirus crisis, a report said. Job seekers...

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How RBI crack teams in isolation keeping financial system working

Times of India May 24,2020

Since the national lockdown was announced in late March, a team of more than 200 personnel from the Reserve Bank of India and services providers are h...

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Covid situation to dictate future actions to revive economy: FM

Times of India May 23,2020

A day after the RBI projected economic contraction in 2020-21, finance minister Nirmala Sitharaman said future fiscal policy actions to stimulate the ...

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Will try to restart int'l flights before Aug: Puri

Times of India May 23,2020

India will try to restart a good percentage of international passenger flights before August, civil aviation minister Hardeep Singh Puri said on Satur...

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'Tell govt to ...': Chidambaram's advice to RBI

Times of India May 23,2020

Congress leader P Chidambaram on Saturday asked RBI governor Shaktikanta Das to "bluntly" tell the government to do its duty and take fiscal measures ...

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Covid has hit income of 60% households: Survey

Times of India May 23,2020

Covid-19 has hit the income of around 60% households across India, showed a survey. The study, conducted by Nielsen across 12 cities, also discovered ...

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Flight bookings open, not too many takers on day 1

Times of India May 23,2020

Day one of opening of domestic air travel bookings from May 25 saw a tepid response from passengers, and tickets for most routes were available throug...

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Covid-19: Home loan rates set to dip to 15-yr low

Times of India May 23,2020

The RBI's announcement is good news for home loan borrowers with a secure income, as interest rates in this category will come down by 40 basis points...

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Aarogya Setu app not must for air travel: Puri

Times of India May 23,2020

The Centre iterated that domestic flights to all places would resume from Monday, despite resistance from Tamil Nadu and Maharashtra. Aviation ministe...

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RBI slashes key rate 40 bps to new all-time low

Times of India May 22,2020

The Reserve Bank of India on Friday unexpectedly cut key interest rates by 40 basis points, citing negative GDP growth in the current fiscal amidst a ...

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Pay $716mn to 3 Chinese cos: UK court to Anil Ambani

Times of India May 23,2020

Business tycoon and former billionaire Anil Ambani was on Friday ordered by a UK court to pay three Chinese banks $716 million (Rs 5,439 crore). The c...

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Amazon to hire 50,000 more for delivery, supply

Times of India May 23,2020

Amid the gloom of job cuts due to the impact of the Covid-19 pandemic on businesses, Amazon India is looking to hire 50,000 seasonal, or temporary, ro...

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JPMorgan Chase's Assets May Be Seized In Case Linked To Amrapali Group

NDTV.com May 25,2020

The Enforcement Directorate said it had preliminary evidence that units of JPMorgan Chase & Co. were involved in crimes generating Rs 187 crore.

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ITC To Acquire Spice Maker Sunrise Foods

NDTV.com May 25,2020

ITC-Sunrise Foods Deal: ITC has entered into a share purchase agreement to acquire a 100 per cent equity in Sunrise Foods Private Limited.

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Maruti Suzuki Resumes Production At Gujarat Plant

NDTV.com May 25,2020

Maruti Suzuki, the country's largest vehicle maker, has restarted production at Gujarat plant as the country is the midst of 4th phase of lockdown.

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Stock, Forex, Commodity, Currency Markets Shut For Ramzan

NDTV.com May 25,2020

Eid-Ul-Fitr 2020: The domestic financial markets - including equity, debt and currency segments - are shut on Monday, May 25 for Id-Ul-Fitr (Ramzan).

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Reliance Industries Launches JioMart Online Grocery Service

NDTV.com May 24,2020

JioMart will deliver groceries in more than 200 towns across the country

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Finance Ministry Not Planning To Impose Calamity Cess On GST: Report

NDTV.com May 24,2020

Finance Ministry sources said that a calamity cess might have a counter-productive effect on sales, which are already low

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In More Trouble For Mutual Funds, Franklin Templeton Hit By New Default

NDTV.com May 24,2020

The maturity value of the NCDs, including redemption premium, was Rs 616 crore but it is only valued at a market value of Rs 92 crore.

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COVID-19 Pushes Car Rental Company Hertz Into Bankruptcy In US, Canada

NDTV.com May 23,2020

Its main international operating regions, including Europe, Australia and New Zealand, were not included in the US Chapter 11 filing.

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Nirmala Sitharaman Asks Public Sector Banks To Implement Economic Package

NDTV.com May 23,2020

Since the Cabinet has already given approval to various schemes announced under the package, operational guidelines have been issued to banks.

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Realtors Want Banks To Pass On Benefit Of Rate Cut To Customers

NDTV.com May 22,2020

ndustry's demand for one-time restructuring of developers'' loans should be met, said Ankush Kaul, President (Sales & Marketing) - Ambience Group.

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More Steps To Come To Deal With COVID-19 Crisis: Anurag Thakur

NDTV.com May 22,2020

Since outbreak of the pandemic, the government has taken several steps to mitigate the hardships of the people due to lockdown, Anurag Thakur said.

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Gold Futures Jump Over 1% To Touch Rs 47,100 Per 10 Grams Mark

NDTV.com May 22,2020

Current Gold Rate: At 4:15 pm, the gold futures contract (delivery on June 5) traded at Rs 46,995 per 10 grams - down 1.31 per cent or Rs 607 per 10 g...

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Sensex, Nifty Break 3-Day Winning Run After RBI Announcements

NDTV.com May 22,2020

Domestic equity benchmarks S&P BSE Sensex and NSE Nifty 50 snapped a three-day winning streak on Friday dragged by losses in banking and financial ser...

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More Relief For Borrowers As RBI Extends Moratorium On Loans Till August

NDTV.com May 22,2020

EMIs will be extended with interest applicable on outstanding principal amount during the no payment period

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Rupee Falls By 34 Paise To End At 75.95 Against US Dollar

NDTV.com May 22,2020

During the trading session, it touched an intraday high of 75.71 and a low of 75.95.

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RBI To Stay Accommodative As Long As Necessary: Shaktikanta Das

NDTV.com May 22,2020

Reserve Bank of India Governor Shaktikanta Das said the MPC will remain "accommodative" till a revival is seen in the economic activity.

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Fundraising Spree For Reliance's Jio Platforms Values It At $65 Billion

NDTV.com May 22,2020

Reliance Industries has raised $10 billion in just a month through five stake sales in digital unit Jio Platforms, whose valuation has surged to $65 b...

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Mukesh Ambani Raises Over $10 Billion Investment In Jio In A Month

NDTV.com May 22,2020

New York-based KKR on Friday became the latest private equity firm to invest in Jio Platforms, the telecom and digital services holding company contro...

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In Virus Crisis, Drug And Consumer Stocks Soar In India

NDTV.com May 22,2020

The stockpiling of medicine in a country of 1.3 billion people and the rising focus on affordable health care globally will boost the shares of the na...

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RBI Cuts Rates To Lowest Since 2000 To Revive Shrinking GDP

NDTV.com May 22,2020

High frequency data has showed that demand is virtually non-existent. The country's dominant services industries crashed last month, while car sales a...

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