Tag: india

‘FDI rule tweak shouldn’t worry any country’

April 24, 2020 Azlyrics

Days after tweaking FDI rules, India on Thursday said no country should be worried about the new regulations. China has strongly objected to the change in rules, which makes it mandatory for countries sharing land ....

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Sri Lanka to seek $400m financial facility from RBI

April 24, 2020 Azlyrics

Sri Lanka is set to enter into an agreement with the Reserve Bank of India for a currency swap worth $400 million to boost the foreign reserves and ensure the financial stability of the country ....

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Remittances to India may decline by 23%: World Bank

April 23, 2020 Azlyrics

As a result of the deadly coronavirus pandemic, which has resulted in a global recession, remittances to India are likely to drop by 23 per cent from $83 billion last year to $64 billion this ....

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Fitch Ratings sees India growth slipping to 0.8% in FY21

April 23, 2020 Azlyrics

Fitch Ratings on Thursday slashed India's economic growth projections to 0.8 per cent in the current 2020-21 fiscal saying an unparalleled global recession was underway due to disruptions caused by the outbreak of coronavirus pandemic ....

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‘India stares at recession for 1st time in 40 yrs’

April 23, 2020 Azlyrics

A report by Axis Bank has said that India would go into recession in FY21 – the first time in 40 years because of the lockdown to prevent the spread of Covid-19. The report has ....

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India studying Trump’s exec order on immigration

April 23, 2020 Azlyrics

India is studying President Donald Trump's executive order temporarily halting immigration into the US for 60 days and its possible impact on Indians, government sources said on Thursday.

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RBI allows banks to issue e-cards for overdraft a/c

April 23, 2020 Azlyrics

Relaxing norms, the Reserve Bank of India on Thursday permitted banks to issue electronic cards to persons having overdraft accounts that are only in the nature of personal loan without any specific end-use restrictions.

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Crude crash to ease some Covid-19 pain for India

April 22, 2020 Azlyrics

Black Gold has fallen from grace. And How! US crude WTI sank into negative territory for the first time in history at -$37/barrel and Brent, the benchmark for two-thirds of the global oil trade, settled ....

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Changes in FDI rules don’t violate treaties: India

April 22, 2020 Azlyrics

A day after China’s outburst over the change in foreign direct investment policy, India on Tuesday hit back at its neighbour, saying the amendment did not violate any global commitment as it did not bar ....

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S Korean firm makes Covid test kits in India

April 22, 2020 Azlyrics

A South Korean firm has started production of the COVID-19 rapid antibody testing kits in its Indian subsidiary plant to meet the growing demand of the medical equipment in India and other parts of the ....

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Paytm cuts losses 20% as e-pays fall

April 21, 2020 Azlyrics

Paytm has started curbing expenditure amid the pandemic to extend its runway. The e-payments major — India’s most valued startup at $16 billion — has been cutting costs at a rate of 15-20% in the ....

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Confusion, questions as parts of India return to work

April 21, 2020 Azlyrics

As parts of India stirred to life on Monday amid a conditional easing of the lockdown, confusion prevailed in Delhi and NCR on how to regulate the surge of people and traffic caused by absence ....

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Lockdown: How RBI can help revive economy

April 21, 2020 Azlyrics

The Reserve Bank of India has a number of policy options to draw upon to cushion the economic blow from the coronavirus pandemic. With a limited fiscal response so far, the RBI has provided some ....

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India agrees to sell HCQ tablets to Malaysia to help fight Covid-19

April 16, 2020 Azlyrics

India has agreed to sell hydroxychloroquine tablets to Malaysia for use in the treatment of Covid-19 patients, a Malaysian minister told Reuters on Wednesday, with New Delhi partially lifting its bar on exports of the ....

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HARD Lyrics and Video Song – Emiway Bantai

April 15, 2020 Azlyrics

20-30 inke gane release huye hongeItne mein bande crease24 saal ke umar mein main de raha sab ko shotKisi ki umar hai 30 plus..Kulfaa kar ke jao meraa jingle bellMerry Christmas 20-30 inke gane release ....

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‘GDP projections by World Bank, IMF too optimistic’

April 15, 2020 Azlyrics

Former chief economic adviser (CEA) Arvind Subramanian on Wednesday said the GDP (gross domestic product) numbers being projected by the World Bank and IMF (International Monetary Fund) for India are far "too optimistic" and the ....

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Over 20 lakh jobs at risk in Indian aviation: IATA

April 15, 2020 Azlyrics

More than 20 lakh jobs are at risk in India's aviation space and dependent sectors in the wake of the coronavirus pandemic, according to global airlines' grouping IATA. Commercial flight services have been suspended till ....

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India to grow 1.9%, global eco to shrink 3%: IMF

April 15, 2020 Azlyrics

The latest IMF forecast puts India as one of the fastest growing major economies even in the midst of the Covid-19 devastation, although it will be the slowest pace of expansion since the 1991 balance ....

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This IT services co hikes pay, grants allowances

April 15, 2020 Azlyrics

French IT services firm Capgemini, which has 1.2 lakh of its over 2 lakh employees in India, has rolled out high single-digit hikes for 70% of its India staff, or 84K employees, effective April 1. ....

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Lockdown sends grey-market booze prices soaring

April 15, 2020 Azlyrics

Alcohol prices in India’s grey market have more than quadrupled and online searches for how to make homemade alcohol have soared during India’s nationwide coronavirus lockdown, with bars and liquor stores shut for weeks across ....

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India plans to fill strategic oil storage by May

April 14, 2020 Azlyrics

India is moving the oil to the SPR to help the country's refineries reduce their excess crude as the lockdown to contain the outbreak of COVID-19, the respiratory disease caused by the new coronavirus, has ....

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India to boost drug ingredient output to pare China

April 14, 2020 Azlyrics

The government has aggressively begun implementing a policy to ramp up local output and emerge as an alternate to China, according to people familiar with the plan who asked not to be identified as discussions ....

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IMF projects India’s growth rate at 1.9% in 2020

April 14, 2020 Azlyrics

The International Monetary Fund on Tuesday projected a GDP growth of 1.9% for India in 2020, as the global economy hits the worst recession since the 1930s due to the Covid-19 pandemic that has nearly ....

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EU airline sells tickets for repatriation flight, India cancels it

April 13, 2020 Azlyrics

India has cancelled a repatriation flight that was supposed to be operated by a leading European airline to fly back foreigners home from here. This airline, chartered by its home country to operate a flight ....

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India tightens curb on import of refined palm oil

April 13, 2020 Azlyrics

India on Monday tightened the curbs on import of refined palm oil by putting more conditions for the inbound shipments of the commodity. On Jan 8 the DGTF had imposed restrictions on imports of refined ....

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Kirana supplying B2B companies see orders rise 60%

April 11, 2020 Azlyrics

India’s business-to-business commerce startups like Udaan, Jumbotail, WayCool and Ninjacart — which supply groceries and vegetables to tens of thousands of kiranas — are seeing a 40 to 60% spike in demand. The development comes ....

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UK to receive 1st batch of paracetamol packets from India

April 11, 2020 Azlyrics

The UK will receive a first batch of 3 million paracetamol packets from India by Sunday as it expressed gratitude to the Indian government for approving this "important shipment" after New Delhi lifted its export ....

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15 million jobs likely to be lost in export sector

April 11, 2020 Azlyrics

With cancellation of over 50% of orders and gloomy forecast for the future, India’s export sector may witness 15 million job losses and rise in non-performing assets (NPAs) among exporting units, said Federation of Indian ....

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Industry readies plans for life after lockdown

April 11, 2020 Azlyrics

A leading consumer durables company has begun sanitising its plant in north India for a possible opening-up after three weeks of lockdown due to the coronavirus pandemic. It is already drawing up a schedule to ....

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G-20 backs output cut deal as India, Saudi pitch for stable oil market

April 10, 2020 Azlyrics

Energy ministers of G-20 countries on Friday backed the deepest-ever production cut deal to rebalance the global oil market, with India and Saudi Arabia – representing the high table of consuming and producing countries – ....

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