Mallya urges govt to accept loan repayment, close case

New Delhi (IANS) Fugitive Indian businessman Vijay Mallya again urged the central government on Thursday to unconditionally accept his offer of bank loan repayment and close the case against him.

In a tweet, the embattled liquor baron alleged…

Vande Bharat-II: Air India to operate flights to 32 countries from May 16

New Delhi (IANS) National carrier Air India and its subsidiary Air India Express will expand their scope of operations under the 'Vande Bharat' air repatriation operations and are likely to operate flights to 32 countries from May 16.

UN welcomes India's Covid-19 stimulus package, slashes growth to 1.2%

United Nations (IANS) The UN has welcomed India's Covid-19 mega-stimulus package, calling the largest among developing countries, even as it slashed its growth rate for this fiscal year to 1.2 per cent.

Development Research Branch chief…

Encounter underway at Kulgam in south Kashmir

Srinagar (IANS) An encounter started at Yamrach area of Kulgam in south Kashmir on Wednesday night between militants and security forces, police said.

According to details, police had a specific input about the presence of militants in the…

Equity indices fall tracking decline in Asian markets

Mumbai (IANS) The Indian equity market opened on a negative note on Thursday, with the BSE Sensex falling over 400 points.

The Nifty50 on the National Stock Exchange also plunged over 100 points to trade below the 9,300 mark.

The decline…

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…

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 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…

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…

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 --…