Monthly Archives: July 2020

The areas which have seen significant jump in terms of spending this year include rural development, agriculture, highway and road transport and labour and employment

The United States will pay up to USD 2.1 billion for development including clinical trials, manufacturing, scale-up and delivery of its vaccine,” the companies said in a statement. Sanofi will get the bulk of the funds

The lender reported an 81 per cent surge in profit and better asset quality as bad loan provisions dropped. Its provision coverage ratio, or the percentage of funds set aside for loan losses, was 86.32 per cent

NITI Aayog has recommended the government to privatise three public sector banks – Punjab & Sind Bank, UCO Bank and Bank of Maharashtra

Primarily imported from China and South East Asia, the new amendment will require OEMs to furnish details such as the origin of the consignment, even when the shipment is routed through a different country

Increased MNREGA spends, reverse migration and a good monsoon have caused a surge in rural consumption

Edelweiss Financial Services has opted out of the process of pre-initial public offering (IPO) advisor selection on concerns related to conflict of interest

Additional AGR provisioning has taken a toll on Bharti Airtel’s profit and loss statement, while it still struggles to bring revenues to a desirable level

The restrictions on the imports of colour TV sets announced by the Directorate General of Foreign Trade (DGFT) come as India tries to encourage local manufacturing

The Imperial vaccine uses synthetic strands of genetic code based on the virus. Once injected into a muscle, the body’s own cells are instructed to make copies of a spiky protein on the coronavirus