Reliance Industries decides to restructure and repurpose gasification assets
Reliance Industries’ (RIL) board on November 24 announced that it has decided to implement a scheme of arrangement (Scheme) to transfer Gasification Undertaking into a wholly-owned subsidiary (WOS). The board…
Amazon May Drop Visa As Partner On US Credit Card After UK Move
Amazon is considering dropping Visa as partner on its US co-branded credit card after earlier confirming it would stop accepting Visa credit cards in the United Kingdom as a dispute…
India ahead of China in financial inclusion metrics, says SBI report
NEW DELHI: India is now ahead of China in financial inclusion metrics, as the number of persons with deposit accounts at banks has significantly increased, comparable with emerging economy peers…
Government should ensure tax structure favourable to tax-paying population: SBI
The Government should ensure that the existing tax structure is favourable to the 11.4cr tax paying population that constitutes only 8.5% of the population but cross-subsidises 91.5% of the population,…
IRCTC to share 50% of revenue from convenience fee ;Railway ministry
The Ministry of Railways has conveyed its decision to share the revenue earned from convenience fee collected by IRCTC in the ratio of 50:50 from November 1, IRCTC said in…
Maruti Suzuki not in hurry to launch electric cars in India: Chairman RC Bhargava
Maruti Suzuki is in no hurry to jump on the electric vehicle bandwagon just yet. Chairman RC Bhargava on Wednesday said. The Company has been testing the electric Wagon R…
Sensex gains over 230 points, Nifty above18,250; TVS Motor rises 6%
The BSE Sensex is trading at 61,202, higher by 280 points or 0.43 per cent and the NSE Nifty is at 18,248, up 74 points or 0.41 per cent. The…
Indian diplomat’s mike goes silent at UN conference while criticising China’s BRI
The sudden ‘mike failure’ at the UN Sustainable Transport Conference hosted by China from 14 to 16 October created a flutter and took several minutes to restore. India has voiced…
PM Modi Launches GatiShakti Master Plan for Multi-Modal Connectivity
PM Gati Shakti Master Plan Launch: Prime Minister Narendra Modi said “Gati Shakti joins different departments for the coordinated development of projects from road to railways, aviation to agriculture.” Prime…
Indian economy recovering from Covid-19 crisis, says World Bank President
The Indian economy that was hit hard by the COVID-19 pandemic is now in recovery mode and the World Bank welcomes that, president David Malpass said on Wednesday. “Indians were…