Business
US adds 33 Chinese companies to unverified list for exports
Agencies -
Washington: The US Commerce Department has added 33 Chinese entities, including high-tech companies and universities, to the Unverified List for exports, according to a document filed to the Federal Register on Monday."The Bureau of Industry and Security (BIS)...
Business
Argentina to join China’s Belt and Road initiative
Agencies -
Buenos Aires: Argentina will join the Chinese Belt and Road trade initiative and receive funding worth $23.7 billion for various projects from Beijing, the Argentine presidency said on Sunday.Argentine President Alberto Fernandez is currently in China where he...
Business
CSC signs MOU with BSNL for sale of mobile SIMs, payment of bills
UNI -
New Delhi: The Common Services Centers (CSC) has signed MoU with Bharat Sanchar Nigam Ltd (BSNL) to provide various services.The partnership will benefit more than 11.6 crore BSNL mobile subscribers, apart from citizens desiring to take new BSNL...
Business
Union Budget growth-oriented: IDBI Bank CEO
UNI -
Kolkata: Rakesh Sharma, MD&CEO, IDBI Bank, on Tuesday described the Union Budget as growth-oriented and forward-looking with focus on capital expenditure in the infrastructure sector. Sharma was particularly upbeat about the stress laid on roads, railways and their associated...
Business
Budget: Income tax rates unchanged, big boost to capex
UNI -
New Delhi: Union Finance Minister Nirmala Sitharaman disappointed taxpayers as she kept personal income tax slabs unchanged while raising capex by 35 per cent year-on-year to Rs 7.50 lakh crore to boost demand and create jobs.In line with...
Business
Alembic Pharma receives US approval for Clarithromycin Tablets
UNI -
Mumbai: Pharma major, Alembic Pharma on Tuesday said that it has received final approval from the US Food & Drug Administration (USFDA) for its abbreviated New Drug Application (ANDA) for Clarithromycin Tablets USP, 250 mg and 500 mg.The...
Business
Economic Survey: Industrial sector to grow by 11.8 pc this fiscal
Mumbai: Despite the challenges posed by the Covid-19 pandemic, the industrial sector is expected to grow by 11.8 per cent in this fiscal year, owing to the continued policy support towards industries by the government, the Economic Survey, tabled...
Business
Economic Survey: Banking system has weathered economic shock of pandemic
UNI -
Mumbai: With the gross non-performing assets (GNPA) ratio of Scheduled Commercial Banks (SCB) reducing to 6.9 per cent as on September 2021, the Economic Survey on Monday said the banking system has weathered the economic shock of the pandemic....
Business
Pak seeking $5 bn loans from China, Russia and Kazakhstan to boost forex
UNI -
Islamabad: Pakistan is seeking US$5 billion in loans from China, Russia and Kazakhstan as the country makes desperate efforts to stabilise its dwindling forex reserves, a media report said.Pakistan plans to borrow $3 billion from China and $2...
Business
IIFL HFL signs MoU with INPA to hire Navy veterans
UNI -
Mumbai: IIFL Home Finance has signed a memorandum of understanding with the Indian Naval Placement Agency (INPA) on Saturday to explore opportunities for the recruitment of naval veterans by the company.Through the MoU, INPA will identify a pool...
Latest News
Manipur: Over 20 houses burned down as ethnic tension grips Litan
Imphal: Litan, a small town situated along the Imphal–Ukhrul road in Manipur, was engulfed by ethnic tension between the...
