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IndiGo has also incorporated a plan for its pilots to report high-level wind and temperature data at different stages of a flight as desired by IMD across all flight operations.
PTIMay 19, 2020
Commercial flights have been suspended since March 25 when the country-wide lockdown began to curb the spread of coronavirus.
PTIMay 19, 2020
According to traders, hopes of a vaccine for COVID-19 enthused global investor sentiment.
Speaking at The Indian Express e-Adda event Monday, Nitin Gadkari said that while it will be difficult to get the migrant workers, who have left, to return to manufacturing hubs such as Gurugram and Pune
About 63 per cent of the pending dues for MSMEs are from the state governments and their undertakings. AIMO said the states have often cited lack of funds as the reason for not clearing the
For the fiscal ended March 31, 2020, the company posted a net loss of Rs 32,183.2 crore, compared to a profit of Rs 409.5 crore for financial year (FY) 2018-19.
Pranav MukulMay 19, 2020
E-commerce platforms see orders for mobiles, garments, pressure cookers, among others.
The rupee fell 33 paise to close at 75.91 against the US dollar, tracking weak domestic equities and foreign fund outflows. Rising crude oil prices and concerns about the effectiveness of the fiscal stimulus package
Exports in the textiles sector witnessed a steep drop in April. For instance, shipments from Tirupur plummeted nearly 90 per cent to around Rs 225 crore that month due to a combination of low demand
On MCX, the gold June futures traded at Rs 47,860 per 10 grams, up Rs 479 or 1.01 per cent, Silver July futures were at Rs 1,580 or 3.38 per cent higher at Rs 48,298
PTIMay 18, 2020
Society of Indian Automobile Manufacturers (SIAM) said it had several engagements with the government at various levels and was looking forward to some direct fiscal measures for the auto industry from the Centre in the
Pranav MukulMay 18, 2020
Swiggy’s decision comes close on the heels of its Gurugram-based rival Zomato asking over 500 of its employees to start looking for new jobs, as the restaurant industry stares at deep uncertainty in the aftermath
PTIMay 18, 2020
The heavyweight stock rose by 1.58 per cent to Rs 1,482 on the BSE in the opening session. On the NSE, shares of the company went advanced 1.54 per cent to Rs 1,482.
PTIMay 18, 2020
The local unit opened at 75.85, then lost further ground and fell to 75.89 against the US dollar, down 31 paise over its previous close. It had settled at 75.58 against the US dollar on
ReutersMay 18, 2020
Brent crude was up $1.06, or 3.3%, at $33.56 a barrel by 0452 GMT, after touching its highest since April 13. US West Texas Intermediate crude was up $1.29, or 4.4%, at $30.72 a barrel,
Finance Minister Nirmala Sitharaman on Sunday announced the fifth and final tranche of the Rs 20-lakh crore economic relief package announced by Prime Minister Narendra Modi. Here's a breakup of the relief package.
ReutersMay 18, 2020
MSCI's broadest index of Asia-Pacific shares outside Japan still edged up 0.4%. Japan's Nikkei rose 0.6% and Chinese blue chips 0.3%.
Express Web DeskMay 18, 2020
The S&P BSE Sensex crashed 1,068.75 points ( 3.44 per cent) to settle at 30,028.98, while the broader Nifty 50 slipped 313.60 points (3.43 per cent) to end the day at 8,823.25. Both the topliners
In her fifth and final tranche of the AtmaNirbhar package announced on Sunday, Finance Minister Nirmala Sitharaman allocated a chunk of the Centre’s fiscal relief — Rs 40,000 crore or 0.2 per cent of GDP
Prabha RaghavanMay 18, 2020
The government, which identified these industries and several others as having “unnecessary” imports, plans to improve the quality of domestically made products and discourage these imports “as fast as possible”.
Harikishan SharmaMay 18, 2020
Announcing a hike in the MGNREGA allocation as part of the government’s Rs 20 lakh crore COVID-19 relief package, Finance Minister Nirmala Sitharaman said additional funds will help “generate nearly 300 crore person days” during
A majority of the announcements made today are repeats of earlier proposals or a repackaging of old schemes and announcements.
Express Web DeskMay 17, 2020
General Atlantic’s investment in Reliance Industries’ Jio Platforms is Rs 6,598.38 crore, its largest in Asia.
The norms for which defaults will be excluded or from when the one year will be counted have, however, not been announced.
Sitharaman also said the government will open all sectors to the private sector including strategic sectors, and a new coherent policy in this regard will be unveiled.
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