The association – which represents large telcos like Reliance Jio, Bharti Airtel and Vodafone Idea – argued that India already has strict norms in place and prescribed standards for electromagnetic radiation limit in telecom sector is far more stringent than global-accepted standards.

Niti Aayog Member (Agriculture) Ramesh Chand on Sunday said the second Covid-19 wave will not impact the Indian agriculture sector in any way as rural areas saw the spread of infections in May when agriculture activities remained at a bare minimum. Chand said India’s policies have favoured rice, wheat and sugarcane, and there is a … Continue reading Second Covid-19 wave not to impact India’s agri sector in any way: Niti Aayog

Fugitive diamantaire Mehul Choksi has invited the Indian authorities to interview him and claimed that he left India only to seek medical treatment. “I am a law-abiding citizen,” he said. “I have extended an invitation to Indian authorities to interview me and ask any questions that they may have of me in relation to any … Continue reading ‘Did not evade Indian authorities’, claims Mehul Choksi

RBI governor Shaktikanta Das has made it clear that rates are not going to rise soon and that he would look through price pressures on account of global commodities as long as there was no pick up in demand.

In a fresh round of Covid relief measures, the Reserve Bank of India nudged banks to lend to contact-intensive sectors such as hotels, restaurants, tourism, bus operators and other services by opening a Rs 15,000 crore liquidity window for the lenders. It provided another Rs 16,000 crore to SIDBI to meet the short- and medium-term … Continue reading RBI to give booster shot to Covid-hit services, MSMEs

US President Joe Biden portrayed the May jobs report as a jumping off point for more spending on infrastructure and education to keep growth going — essentially an argument for his agenda. But the employment numbers issued on Friday also hinted at the possible limits of how much government aid can be pumped into the … Continue reading Biden says US jobs report bolsters case for govt spending

In the notice the ministry of electronics and information technology (MeitY) said, “it is dismayed to note that your (Twitter’s) responses to the ministry’s letters neither address the clarifications sought by this ministry nor indicate full compliance with the rules.”

Digital payments firm Paytm has reported narrowing of consolidated loss to Rs 1,704 crore for 2020-21, according to the company’s annual report. It had posted Rs 2,943.32 crore loss in financial year 2019-20.

GST revenue mop-up remained above the Rs 1 lakh crore-mark for the eight straight month in May at over Rs 1.02 lakh crore. The revenue for May 2021 is lower than the record over Rs 1.41 lakh crore GST collected in April 2021.

Finance ministers from wealthy G7 nations on Saturday pledged to commit to a global minimum corporate tax of at least 15 percent, rallying behind a US-backed plan.”We… commit to a global minimum tax of at least 15 percent on a country by country basis,” said a statement at the conclusion of their London meeting.The G7 … Continue reading G7 nations reach ‘historic’ agreement over global corporate tax

Wipro touched a record Rs 3 lakh crore (or Rs 3 trillion) in market capitalisation, becoming only the third Indian IT company to do so after TCS and Infosys. The company’s shares have seen a strong rally over the past one year, suggesting investor confidence in its strategies under new CEO Thierry Delaporte.

Union civil aviation minister Hardeep Singh Puri on Friday said that that the disinvestment process of Air India is getting delayed due to the second wave of the Covid pandemic and assured that the disinvestment process will happen in this year.

Vistara gets US nod to fly to US

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Full service carrier Vistara has got US department of transportation approval to fly to the country. Air India is the only Indian carrier that operates to the US at present. Erstwhile Jet Airways, that stopped flying in 2019, also used to go there.