by PTI News | May 7, 2022 | 12:14 am | Commodities, Economy, News
Colombo, May 6 (PTI) Embattled Sri Lankan President Gotabaya Rajapaksa declared a state of emergency with effect from Friday midnight, the presidential media division said, the second time in just over a month amidst growing countrywide anti-government protests over the unprecedented economic crisis. The state of emergency gives the police and the security forces sweeping [...]
by PTI News | May 6, 2022 | 11:52 pm | Economy, News
Colombo, May 6 (PTI) Embattled Sri Lankan President Gotabaya Rajapaksa declared a state of emergency with effect from Friday midnight, the presidential media division said, the second time in just over a month amidst countrywide public protests over the worst economic crisis. The state of emergency gives the police and the security forces power to [...]
by PTI News | May 6, 2022 | 9:57 pm | Economy, News
New Delhi, May 6 (PTI) There are huge opportunities for increasing cooperation in areas like tourism, design, digital world, services, goods and education between India and Italy to boost economic ties, commerce and industry minister Piyush Goyal said on Friday. He said that the large size of the domestic market, availability of talent pool and [...]
by PTI News | May 6, 2022 | 9:52 pm | Economy, News
Mumbai, May 6 (PTI) The unexpected interest rate hike by the RBI on Wednesday will have the banking system on average making a 10-15 bps gains on the yields, with private banks making larger gains as 57 per cent of their loans are linked to external benchmark rate and 40 per cent to the marginal [...]
by PTI News | May 6, 2022 | 8:54 pm | Commodities, Economy, News
Colombo, May 6 (PTI) Sri Lankan student activists on Friday warned to lay a siege to Parliament as trade unions launched a crippling island-wide strike to demand the resignation of President Gotabaya Rajapaksa and his government over their inability to tackle the economic meltdown which has caused unprecedented hardships to the public. Thousands of student [...]
by PTI News | May 6, 2022 | 8:42 pm | Economy, News
Chandigarh, May 6 (PTI) The import pass fee on wine has been slashed from Rs 7 to Rs 2 per bulk litre and the letter of intent fee for establishing wine manufactory reduced from Rs 15 lakh to Rs one lakh, as per the new excise policy of Haryana approved by the state cabinet here [...]
by PTI News | May 6, 2022 | 8:36 pm | Economy, News
New Delhi, May 6 (PTI) There are huge opportunities for increasing cooperation in areas like tourism, design, digital world, services, goods and education between India and Italy to boost economic ties, Commerce and Industry Minister Piyush Goyal said on Friday. He said that large size of domestic market, availability of talent pool, and the world [...]
by PTI News | May 6, 2022 | 8:25 pm | Economy, News
New Delhi, May 6 (PTI) The Delhi High Court on Friday sought the stand of the Centre and the Reserve Bank of India on a plea alleging low circulation of visually impaired friendly coins in the economy. A bench of Acting Chief Justice Vipin Sanghi and Justice Navin Chawla issued notice on the application by [...]
by PTI News | May 6, 2022 | 7:52 pm | Economy, News
Pune, May 6 (PTI) Union minister Nitin Gadkari on Friday said that due to the "wrong economic policies, corrupt governance and visionless leadership" post-Independence, the country suffered greatly, but with Prime Minister Narendra Modi at the helm, people are now talking about "self-reliant, happy, prosperous and powerful" India.Speaking at the inaugural ceremony of the Jain [...]
by PTI News | May 6, 2022 | 7:34 pm | Corporate Action, Economy, News
Mumbai, May 6 (PTI) Aiming at bigger deals from clients looking for digital services, L&T Group on Friday announced a merger of L&T Infotech and Mindtree, which will create the country's sixth largest information technology company with combined revenue of USD 3.5 billion. The engineering, projects and construction major, which already owns a majority stake [...]