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March 5, 2020 5:58 PM
Disruption in the supply of goods from China or any other country due to Novel Coronavirus will be considered as a case of natural calamity under the Force Majeure (FM) clause. In a statement, Ministry of Finance has clarified that the clause may be invoked as per the Manual for procurement of Goods...
March 5, 2020 4:17 PM
At the stock markets, the Sensex at the Bombay Stock Exchange rose 61 points, or 0.2 percent, to end at 38,471, today. The Nifty at the National Stock exchange gained 18 points, or 0.2 percent, to 11,269.
March 5, 2020 1:54 PM
Retirement fund body, Employees' Provident Fund Organization, (EPFO) today lowered the interest rate on provident fund deposits to 8.5 per cent for the current financial year. Earlier it was 8.65 percent. Labour Minister Santosh Gangwar made this announcement in New Delhi after the meeting ...
March 4, 2020 9:01 AM
National Bank for Agriculture and Rural Development (NABARD) has infused 1.46 lakh crore rupees in the rural banking system during the current fiscal. In a statement, NABARD has said that 66,397 crore rupees have been given in short-term credit and 6,704 crore rupees in long-term credit to rural coo...
March 3, 2020 8:22 PM
Top finance officials from the Group of Seven nations today said, they would use all appropriate policy tools to prevent the new coronavirus outbreak from damaging economic growth, following the rout on global stock markets last week. After a conference call of finance ministers and central banker...
March 3, 2020 6:37 PM
Finance Minister Nirmala Sitharaman made it clear that the government will remain the majority shareholder in Life Insurance Corporation and will continue to retain the management control safeguarding the interest of policyholders. Giving this information in a written reply in the Rajya Sabha today,...
March 2, 2020 8:31 AM
Government has collected over one lakh five thousand crore rupees as Goods and Services Tax in February this year which is eight percent more than the GST collected in the same month of last year. Out of the total revenue, Central Goods and Service Tax (CGST) is over 20 thousand crore rupees, State ...
February 29, 2020 8:13 PM
SBI Cards and Payment Services has raised Rs 2,769 Crore from 74 anchor investors, ahead of its initial share sale, starting on March 2. Anchor investors are institutional investors, who are offered shares in an initial public offering, ahead of its opening. Singapore government, Monetary Authority ...
February 29, 2020 5:46 PM
Telecom operator, Bharti Airtel today said that it has made an additional payment of Rs 8,004 Crore towards adjusted gross revenue dues to the Department of Telecom. The payment of Rs 8,004 Crore is in addition to Rs 10,000 Crore the company paid on February 17, in compliance with the Supreme Court ...
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Last Updated: 28th Apr 2026
