shut

1 min read

• Business News

Indian Oil’s 300,000 bpd east coast refinery to be shut for 3 weeks

19/07/2020 12:14 PM Mitchell

Indian Oil Corp Ltd’s 300,000 barrels per day refinery on the country’s east coast...

4 min read

• Business News

Centre issues SOPs for malls: Mandatory masks, staggered entry; cinema halls, gaming arcades to remain shut

04/06/2020 5:52 PM Mitchell

With shopping malls outside the containment zones permitted to open from June 8, the...

3 min read

• Business News

Maharashtra: Shopkeepers object green signal to e-commerce sites while shops remain shut

20/05/2020 4:01 PM Mitchell

Shopkeepers in Mumbai have been reeling under the lockdown restrictions for two months now....

2 min read

• Business News

Meeting India’s fiscal deficit target in the current financial year is going to be challenging and the central bank has not yet made a decision on its monetisation, the Reserve Bank of India (RBI) Governor Shaktikanta Das said. India has spent more than a month in a nationwide lockdown, with its industries shut, to stem the coronavirus pandemic that has caused 26,496 infections and 824 deaths, among 2.97 million cases worldwide. “Fiscal measures are important and the government is working on a package of measures,” Das, the central bank chief, told news agency Cogencis in an interview published on Monday. Das said he expected the government to take a judicious and balanced call on the question of the fiscal deficit, while tackling the challenges arising from the pandemic. “Meeting the fiscal deficit target of 3.5 per cent this year (2020/21) is going to be very challenging, and going beyond it becomes unavoidable,” he said, adding that direct tax collections may also be hit. Das did not reply specificall

27/04/2020 10:17 AM Mitchell

Meeting India’s fiscal deficit target in the current financial year is going to be...

2 min read

• Business News

Coronavirus lockdown: Indian banks plan to shut down most branches during lockdown, says Report

27/03/2020 4:13 AM Mitchell

Under the plan, in major cities there would likely be only one bank open...