by pallanus | May 21, 2020 | Business News
Airlines should stick to ticket price guidelines issued by India’s civil aviation ministry when they restart some domestic flights, two months after air travel was halted to fight the novel coronavirus, the ministry said on Thursday. Airlines will be allowed to resume...
by pallanus | May 18, 2020 | Business News
Lakhs of labourers retrenched or unpaid during the lockdown period have suffered another blow as the government has withdrawn an administrative cover that mandated employers to pay them full wages for the lockdown period. On March 29, right after the first lockdown...
by pallanus | May 17, 2020 | Business News
A Barclays report suggests that in the five tranches of announcements made since May 13, the actual fiscal impact is to the tune of Rs 1.5 lakh crore including the largest single additional cost of Rs 40,000 crore due to higher allocation to MNREGS. The additional...
by pallanus | May 17, 2020 | Business News
Finance Minister Nirmala Sitharaman said the govt has decided to altogether drop seven compoundable offences and five others will now be dealt with under an alternate framework. Finance Minister Nirmala Sitharaman. (Photo: PTI) Finance Minister Nirmala Sitharaman...
by pallanus | May 16, 2020 | Business News
Re-purposed old and existing initiatives mixed with new elements made up Tranche IV of Union Finance Minister Nirmala Sitharaman’s Rs 20 lakh crore economic stimulus for the economy. With the FM refusing to tie them to a timeline, how these measures will revive...
