- Covid to hit IBC resolutions(19:18)
New Delhi, June 3 (IANS) The outbreak of Covid-19 pandemic and the suspension of new proceedings under the Insolvency and Bankruptcy Code (IBC) is expected to result in significantly lower realisations, by 30-40 per cent for the financial creditors in FY20-21 and pose new challenges.
- Brent above $40/bbl as output cut extension expected(13:36)
New Delhi, June 3 (IANS) Crude oil prices continued to rise on Wednesday as the Organization of the Petroleum Exporting Countries (OPEC) and its allies including Russia, are likely to meet in days ahead to review the output cut decision.
- 72% consumers paid more for groceries during lockdown(13:10)
New Delhi, June 3 (IANS) Many consumers ended up paying more for many essentials and grocery products during the lockdown because traders and retailers reduced discounts and some, per consumers, even resorted to charging above MRP.
- Rajasthan making efforts for foreign investments(10:46)
By Archana Sharma
Jaipur, June 3 (IANS) In order to turn crisis into opportunity, the Rajasthan government has been in contact with Japan and US officials on setting up manufacturing facilities in the state. While Japan has sounded positive on prospective investment in Rajasthan, talks are on with the US officials, Chief Secretary DB Gupta told IANS.
- World acclaimed Pashmina shawls to get boost in Himachal(09:20)
Shimla, June 3 (IANS) Himachal Pradesh is promoting Pashmina -- globally acclaimed fine luxury fibre cashmere -- by encouraging shepherds settled in high mountains where temperatures plunge to as low as 20 degrees Celsius to breed Himalayan goats, a minister said on Wednesday.
- Dabur well placed to tap in post-Covid market: Mohit Malhotra (IANS Interview)(13:48)
By Sanjeev Sharma
New Delhi, June 2 (IANS) Dabur India CEO Mohit Malhotra says as the world prepares for life after COVID-19, economies across the globe are more likely to look inwards. The same will be true for India with 'Made in India' being a key factor that is likely to influence purchase decision of consumers.
- We will get our growth back: Modi to India Inc(11:58)
New Delhi, June 2 (IANS) Showing confidence in the Indian economy and the recent measures announced by the government, Prime Minister Narendra Modi on Tuesday said that India will be back on its growth track soon, post the severe jolt due to the coronavirus pandemic.
- 'Doing nothing is unacceptable': Facebook employees lash out against Zuckerberg(06:28)
By Nikhila Natarajan
New York, June 2 (IANS) As angry protests against police brutality rage across America, sparking racial unrest eerily similar to the 1960s, Facebook employees funnelled into Twitter their rage against Facebook CEO Mark Zuckerberg's version of free speech and staged a 'virtual' walk-out for the first time in the company's history, on Monday.
- Rail services resume partially(10:22)
New Delhi, June 1 (IANS) Train services partially resumed on Monday as several trains left for their destination according to timetable after an unprecedented break in train movement since March 25. According to ministry officials, more than 1.45 lakh passengers are set to travel on Monday.