Govt takes U-turn on ex-gratia to corona victims' families

New Delhi (IANS) Moments after the Central government on Saturday notified coronavirus (Covid-19) as a 'disaster' and announced to provide ex-gratia relief of Rs 4 lakh to the families of the deceased, the government reissued a fresh "modified…

Duty up on petrol & diesel; consumers may be spared from big price hike

New Delhi (IANS) The Government on Saturday raised excise duty on petrol and diesel by Rs 3 per litre, the highest in five years, taking advantage of the low global oil prices to boost its coffers.

However, it spared consumers from any immediate…

New CEO of Yes Bank appointed; Q3 results scheduled for Saturday

Mumbai (IANS) The central government has appointed former SBI banker Prashant Kumar as the new Chief Executive Officer of the financially troubled Yes Bank.

Accordingly, the former Chief Financial Officer and Deputy Managing Director of
…

Jharkhand's RIMS not equipped to deal with coronavirus

Ranchi (IANS) The Rajendra Institute of Medical Sciences (RIMS), the biggest government-run hospital in Jharkhand, is not equipped to deal with the outbreak of coronavirus in the state.

The virology research and diagnostic centre of microbiology…

Cong, BJP in direct fight for 2nd RS seat in Jharkhand

Ranchi (IANS) The battle for the second Rajya Sabha seat in Jharkhand has become interesting after Congress fielded Shahzada Anwar against BJP's Deepak Prakash.

Shibu Soren, the father of chief minister Hemant Soren, is set to sail through…

Petrol, diesel price may rise as duty hiked by Rs 3/l over global prices

New Delhi (IANS) Government has taken the bait provided by unusually low global oil prices to raise excise duty on petrol and diesel to raise revenue that has been severely impacted by a slowing economy.

It raised excise duty on petrol and…

M'rashtra covid cases 17; CM urges 'work from home

Mumbai, March (IANS) With the total number of coronaVirus cases touching 17 in Maharashtra, Chief Minister Uddhav Thackeray on Friday appealed to all companies to allow their employees to 'work from home' wherever possible.

Making…

HDFC Bank, Kotak join Yes Bank rescue plan

Mumbai, March (IANS) HDFC Bank and Kotak Mahindra Bank joined the private banks which have come to the rescue of the crisis-hit Yes Bank. HDFC Bank on Friday said that its board has approved an investment of Rs 1,000 crore in Yes Bank and Kotak Mahindra…

Farooq Abdullah's detention under PSA revoked

Srinagar (IANS) Former Chief Minister and Lok Sabha member, Farooq Abdullah was set free on Friday after authorities said his detention under the Public Safety Act (PSA) had been revoked.

Rohit Kansal, spokesman of the Union Territory administration…

Corona cure hopes rise as scientists isolate virus, Indian in key role

Toronto (IANS) Even as Canadian Prime Minister Justin Trudeaus wife tested positive for COVID-19 and the countrys markets posted their biggest one-day loss in history on Thursday, a team of Canadian researchers, including an Indian, said they have…