Vijay Mallya can now be extradited in 28 days

New Delhi/London (IANS) Indian fugitive and former liquor baron Vijay Mallya on Thursday lost his appeal in the UK Supreme Court against his extradition to India, clearing a major roadblock for the Narendra Modi government to bring him back in the…

Agri, housing sector get big Central fiscal boost under stimulus package

New Delhi (IANS) Finance Minister Nirmala Sitharaman tried to assuage the economic concerns of farmers, workers and street vendors on Thursday with a mega package offering everything -- loans, interest subventions and cheap housing.

On the…

Sensex up 700 points on announcement of economic package

Mumbai (IANS) The domestic stock market surged on Wednesday morning on the back of the Prime Minister's announcement of Rs 20 lakh crore economic package.

It has, however, receded from the intra-day high of 32,845.48 points. It had jumped…

India demands accountability of sponsors of terror in Afghanistan

New Delhi (IANS) India has called the terror attacks against innocent civilians, including women and children in Afghanistan "crimes against humanity" and sought accountability of the perpetrators and sponsors terrorism.

In a formal condemnation…

Gilead inks pact with 3 Indian drugmakers to produce, sell Remdesivir

New Delhi (IANS) US drug-maker Gilead Sciences has signed non-exclusive voluntary licensing agreements with three Indian pharmaceutical companies -- Mumbai-headquartered Cipla, Hyderabad-based Hetero Labs and Noida-based Jubilant Life Sciences --…

Migrant labourers push up corona cases in Jharkhand

Ranchi (IANS) The return of the migrant workers from the highly coronavirus infected states of Maharashtra and Gujarat is pushing up the number of Covid-19 patients in Jharkhand where the tally reached 174 on Wednesday.

According to the health…

Rs 3 lakh cr collateral free automatic loan for MSMEs

New Delhi (IANS) Finance Minister Nirmala Sitharaman on Wednesday announced collateral free automatic loans for businesses including MSMEs up to Rs 3 lakh crore.

Under the measure, borrowers with up to Rs 25 crore outstanding and Rs 100 crore…

Centre widens definition of MSMEs, raises investment limits

New Delhi (IANS) In a major move to benefit several businesses in the country, the Centre has decided to review the definition of micro, small and medium enterprises (MSME) and announced increase of investment limits.

Addressing the media here,…

Rs 30,000 cr special liquidity scheme for NBFCs, HFCs and MFIs

New Delhi (IANS) Finance Minister Nirmala Sitharaman on Wednesday announced a Rs 30,000 crore special liquidity scheme for non-banking finance companies (NBFCs), housing finance companies (HFCs) and micro-finance institutions (MFIs).

Speaking…

Equity indices fall, Sensex down 600 points

Mumbai (IANS) The key Indian equity indices plunged on Tuesday morning tracking weakness in the Asian markets, with the BSE Sensex falling over 600 points.

Around 10.05 a.m., Sensex was trading at 30,900.41, lower by 660.81 points or 2.09 per…