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Latest Articles in government

Banking Services In Maharashtra Impacted On Second Day Of Nationwide Strike

Finance Minister Nirmala Sitharaman had announced privatisation of two public sector banks (PSBs) as part of the government's disinvestment plan in the Union Budget for the next fiscal.

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Future Of Sugar In India: What Is Happening Post Lockdown?

The ex-mill prices in most of the states are under pressure and are showing downward trend as average prices in Tamil Nadu are hovering between Rupees 3200 to 3225 per quintal, while in Northern states the prices are fluctuating between Rupees 3160 to 3180 per quintal.

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Efficient Management, Tech Use By Pvt Sector To Unlock Real Value Of Cpses Being Privatised: FM

The government has budgeted to raise Rs 1.75 lakh crore in the next fiscal beginning April 1 from the CPSE share sale, including strategic disinvestment and minority stake sale.

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China's Factories, Consumers Drive Recovery Into 2021

Retail sales increased 33.8%, also faster than a forecast 32% rise and marking a significant jump from 4.6% growth in December and a 20.5% contraction for January-February of 2020.

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Domestic Ship-Breaking Industry's Revenue To Rise By 10 % This Fiscal, Says Crisil

Indian ship-breakers are set to procure between 230 and 240 vessels, with a combined weight of over 1.9 million light displacement tonnage (LDT) this fiscal, compared with 214 vessels weighing 1.77 million LDT bought last fiscal.

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Agility Reports KD 41.6 Million Net Profit For 2020

Contract Logistics net revenue in Q4 grew 22.9%, as the MEA Region (Saudi Arabia, Abu Dhabi) posted strong results at new facilities and through increased efficiencies.

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India To Propose Cryptocurrency Ban, Penalising Miners, Traders - Source

Despite government threats of a ban, transaction volumes are swelling and 8 million investors now hold 100 billion rupees ($1.4 billion) in crypto-investments, according to industry estimates.

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Govt To Sell 16.12 % Stake In Tata Comm Through OFS, Rest To Tata Sons Arm

The government holds 7,44.46,885 equity shares of TCL, which, at last closing price of Rs 1,289.75 per unit, stands at a value of over Rs 9,601 crore.

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US Government To Respond To SolarWinds Hackers In Weeks - Senior Official

The senior official also noted that most of the nine federal government agencies compromised by the SolarWinds hack have completed an independent review and those that have not will finish one by the end of March.

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Banks Unions Call For Two-Day Strike Against Proposed Privatisation Of PSBs

The government has already privatised IDBI Bank by selling its majority stake in the lender to LIC in 2019 and merged 14 public sector banks in the last four years.

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World Stock Markets Hit Two-Week High As Inflation Worries Abate

The Dow Jones Industrial Average rose 188.57 points, or 0.58%, to 32,485.59, the S&P 500 gained 40.46 points, or 1.04%, to 3,939.27 and the Nasdaq Composite added 329.84 points, or 2.52%, to 13,398.67.

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Geared Up To Support Govt In COVID-19 Vaccination Drive: Apollo Hospitals

A robust vaccination program is the need of the hour, and Apollo is glad for this opportunity to support and boost the government's efforts in ensuring that no eligible person is left out of the COVID-19 vaccine programme

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Chinese Premier Rejects Idea That 2021 GDP Growth Target Too 'Low'

Li said the focus this year is on consolidating China's economic recovery, and setting hugely different growth targets from year to year would only "disturb" market expectations.

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Skoda Auto To Cover Vaccination Cost For Employees

The drive will cover both shots of the COVID-19 vaccine in phases as defined by the authorities, covering senior citizens and people with co-morbidities first, followed by a wider application in the general population

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Venture Capital Fund Of Rs 100 Cr Proposed In Budget ; Invest Karnataka To Be Held This Year

A Cyber-Security Policy would be announced to adopt necessary data protection measures to create a secure cyber environment, it said, adding that a data centre policy will be formulated to create demand and value for data centres.

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