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Finance ministry issues guidelines to implement interest waiver on loans

NEW DELHI, Oct. 24 -- The finance ministry has issued guidelines for a scheme for grant of ex-gratia payment of difference between compound and simple interest to borrowers of specified loan accounts ... Read More


Future investment in shared mobility space likely to be compromised, says report

New Delhi, Oct. 22 -- The outbreak of the coronavirus pandemic and the fear of its spread have greatly impacted the shared mobility market, especially since travel to workplace has reduced significant... Read More


Better-than-expected volumes growth brightens Asian Paints' Q2 earnings

MUMBAI, Oct. 22 -- Asian Paints Ltd on Thursday reported double-digit volume growth in the decorative segment, beating expectations of low-single digit rise. Improvement in volumes continues to be dri... Read More


Better-than-expected volume growth brightens Asian Paints' Q2 earnings

MUMBAI, Oct. 22 -- Asian Paints Ltd on Thursday reported double-digit volume growth in the decorative segment, beating expectations of low-single digit rise. Improvement in volumes continues to be dri... Read More


UPI transactions cross 1 bn in Oct 1st half

New Delhi, Oct. 21 -- Unified Payments Interface (UPI)-based payments clocked more than 1.01 billion transactions, up 10% sequentially, in the first 15 days of October, official data showed. Such tra... Read More


Centre to issue rules on carpooling by Dec

New Delhi, Oct. 21 -- The Union road transport and highways ministry will soon issue national-level guidelines on shared mobility, focusing on pooling services by private car owners, to tackle polluti... Read More


UIDAI official arrested for taking bribe in Delhi

NEW DELHI, Oct. 20 -- A Unique Identification Authority of India (UIDAI) assistant director general has been arrested for allegedly taking bribe, a senior government official said. The official is cur... Read More


NHAI receives Rs 5,011 cr from Cube Highways towards TOT third bundle

NEW DELHI, Oct. 19 -- The National Highways Authority of India (NHAI) has received upfront consideration of Rs.5,011 crore on Monday from Cube Highways, under the third bundle of the toll-operate-tran... Read More


Finance minister nudges CPSEs to meet 75% of capex target by December

New Delhi, Oct. 19 -- Finance Minister Nirmala Sitharaman on Monday nudged central public sector enterprises (CPSEs) to meet three-fourth of the capital expenditure target by the third quarter of the ... Read More


Rail freight revenue up 11% in Oct so far

New Delhi, Oct. 17 -- Freight revenue of Indian Railways jumped 11% in the first 13 days of October from a year earlier to Rs.4,124 crore, underscoring renewed economic activity and rising demand afte... Read More