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IndiGo slashes pay up to 35% for senior employees

From May onwards, IndiGo had implemented pay cuts of up to 25 per cent for its senior employees

28 Jul 2020 10:51 AM

China's crude imports from Saudi hit fresh high in June

Imports from Saudi Arabia rose to 8.88 million tonnes or 2.16 million bpd in June

26 Jul 2020 4:17 PM

Court summons Alibaba, its founder Jack Ma on complaint of spreading fake news

The judge has also sought written responses from the company and its executives within 30 days, according to the summons

26 Jul 2020 2:31 PM

Global trade extremely important for India's re-opening, says Raghuram Rajan

Rajan cautioned that corporations, households and governments will have enormous levels of debt as they move out of the pandemic

24 Jul 2020 4:29 PM

In move against China, India tightens rules on investments from neighbours

The Indian government’s statement said the decision was taken to “strengthen the defence of India and national security”

24 Jul 2020 9:55 AM

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Air India slashes employee monthly allowances by up to 50%

The Air India order said 11 types of allowances for pilots would stand reduced by 40 percent

23 Jul 2020 2:58 PM

India plans to offer production linked incentives for five sectors

Incentives have also been announced for pharmaceutical companies for production of bulk drugs and on medical devices

23 Jul 2020 1:34 PM

78% Indian consumers cut spending amid COVID-19 crisis: KPMG

Consumers in tier-III cities were 1.4 times more inclined towards spending on apparel than tier-I cities, it said

23 Jul 2020 12:08 PM

Nepal's refiners struggle as India stops refined palm oil imports

Palm oil stockpiles in Nepal have swelled to 70,000 tonnes, overwhelming local demand needs, said Sarda

22 Jul 2020 11:42 AM

Yes Bank case: PMLA court refuses bail to Rana Kapoor

Kapoor had sought bail on the ground that the investigation in the case was completed as chargesheet has been filed

22 Jul 2020 10:54 AM

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India seeks concession from US for generic drugs export

India accounts for 40% of US generic drug imports, including anti-malarial hydroxychloroquine, touted by Trump in fight against coronavirus

21 Jul 2020 11:42 AM

AIIMS to start human trials of Covaxin today

The Ethics Committee had raised few concerns in the protocol submitted for carrying out of the trial, according to Dr Sanjay Rai

20 Jul 2020 12:20 PM

Bank employee unions demand 5-day working week, says COVID threat is haunting bankers

The Indian Banks' Association in January rejected the proposal for a five-day working week but offered a 19 percent pay hike to employees

20 Jul 2020 9:57 AM

Over 7,000 income tax cases disposed under faceless assessment system

The taxpayers have been advised to check their registered e-filing accounts/e-mail ids for notices or updates

20 Jul 2020 7:51 AM

HDFC Bank's Aditya Puri is India’s highest-paid banker in FY20

The banker is set to retire in October this year on attaining the age of 70, earned Rs 42.20 crore by exercising stock options in 2018-19

19 Jul 2020 8:16 PM

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Employers bring back guest workers to cities

Maharashtra has undertaken initiatives to invite locals to participate in the infra projects undertaken by the government

19 Jul 2020 2:18 PM

Step up now or pay price later: UN aid chief to G20 on coronavirus support

So far, Lowcock said, the United Nations has only received $1.7 billion

17 Jul 2020 10:44 AM

Indian pharma industry capable of producing COVID-19 vaccine for entire world: Bill Gates

Lot of very important things have been done in India and its pharma industry is doing work to help make the coronavirus vaccine, he said

16 Jul 2020 4:07 PM

India's electricity output recovers further in first half of July

Major industrial states such as Maharashtra, Gujarat and Tamil Nadu continued to witness steep drops in electricity use

16 Jul 2020 3:01 PM

Hoping for 'ambitious' free trade pact with India: EU executive chief

Von der Leyen said India and the EU would also hold a joint climate dialogue on solar and offshore wind resources

16 Jul 2020 8:50 AM

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