Mumbai, Feb 21 (PTI) Facing intense competition from banks, gold loan Non-Banking Financial Companies (NBFCs) are likely to adopt aggressive strategies to maintain and expand their gold loan franchise, says a report. Many banks, both private and public, have become fairly active in the gold loan space, enticed by high yield and liquid security, India Ratings and [...]
Mumbai, Feb 21 (PTI) Domestic equity gauges Sensex and Nifty logged their fourth straight session of fall on Monday as participants remained cautious over lingering geopolitical tensions in eastern Europe. Persistent foreign fund outflows added to the gloom, traders said. Tracking deep losses in other Asian bourses, the BSE Sensex dived around 700 points in [...]
New Delhi, Feb 21 (PTI) Organisations need to adapt to new models and unconventional thinking going ahead as a volatile and uncertain environment has undermined the effectiveness of traditional ways of operating businesses, Hero MotoCorp Chairman and CEO Pawan Munjal said on Monday. Munjal, who is the recipient of this year's AIMA JRD Tata Corporate [...]
Lahore, Feb 21 (PTI) Abdul Razak Dawood, adviser to Pakistan Prime Minister Imran Khan on commerce, has backed the resumption of trade with India, which was suspended by Islamabad in August 2019 after New Delhi revoked the special status of Jammu and Kashmir. Trade with India is the need of the hour and beneficial to [...]
Mumbai, Feb 21 (PTI) Finance Secretary T V Somanathan on Monday said healthcare is primarily the responsibility of the states, amid suggestions of the budgetary allocation to the sector still being low at 1.3 per cent of GDP. He said the Centre provides for some "cross-cutting health infrastructure" and also spends on the Pradhan Mantri [...]
Paris, Feb 21 (PTI) India and France have inked a roadmap to enhance their bilateral exchanges on the blue economy and forge a common vision of ocean governance based on the rule of law and cooperate on sustainable and resilient coastal and waterways infrastructure.The agreement was signed during External Affairs Minister S Jaishankar's three-day visit [...]
Post pandemic, the tourism industry has seen a digital upheaval and Tourque is a one-stop digital delight for all BHUBANESWAR, India, Feb. 21, 2022 /PRNewswire/ -- The raging COVID-19 pandemic has battered the face of global tourism and travel. Tourism is among the sectors to have borne the maximum burnt of COVID-19 induced lockdowns and [...]
New Delhi, Feb 20 (PTI) The government is planning to revamp the commerce department which will have a more coherent trade promotion strategy with clear targets and execution accountabilities, an official statement said on Sunday. Under the plan, there is a proposal to set up a dedicated trade promotion body and a trade remedies review [...]
Kathmandu, Feb 20 (PTI) Nepal has always been pursuing an independent, balanced and non-aligned foreign policy and its sovereign Parliament will decide what development assistance is needed for the country, the Ministry of Foreign Affairs said here on Sunday, in response to the contentious USD 500 million Millennium Corporation Challenge (MCC) programme. The Nepal government [...]
Retirement fund body EPFO added 14.6 lakh subscribers on a net basis in December 2021, an increase of 16.4 per cent compared to the year-ago period, according to the latest payroll data. The provisional payroll data of Employees' Provident Fund Organisation (EPFO) released on Sunday showed that the EPFO had added 12.54 lakh net subscribers [...]