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Air India reduces monthly allowances of employees by up to 50%. (PTI Photo)

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 July 2020 2:58 PM IST

India to offer production linked incentives to boost manufacturing. (PTI Photo)

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 July 2020 1:34 PM IST

Consumers in India are cautious about spending in the wake of the coronavirus pandemic. (PTI Photo)

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 July 2020 12:08 PM IST

India in May suspended 39 oil import licences to slow duty-free shipments from neighbouring nations, disrupting refiners in Nepal. (AFP Photo)

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 July 2020 11:42 AM IST

Rana Kapoor, the founder of Yes Bank, sought bail on the ground that the investigation in the case was completed as chargesheet has been filed. (PTI Photo)

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 July 2020 10:54 AM IST

India seeks new preferential treatment from US on drugs, other goods. (AFP Photo)

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...

21 July 2020 11:42 AM IST

Representational Image.

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...

20 July 2020 12:20 PM IST

Bank employee unions presses again for 5-day working week. (PTI Photo)

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

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

20 July 2020 9:57 AM IST

I-T dept disposes of 7,116 assessments under first phase of faceless scrutiny (Representative Image)

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 July 2020 7:51 AM IST

HDFC Banks Aditya Puri highest paid banker for FY20 with Rs 18.92 cr in remuneration. (PTI Photo)

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...

19 July 2020 8:16 PM IST

Some real estate developers are sponsoring the return of guest workers and also facilitating their quarantine as per guidelines. (PTI Photo)

Employers bring back guest workers to cities

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

19 July 2020 2:18 PM IST

U.N. aid chief Mark Lowcock said on Thursday as he asked wealthy countries for billions more dollars in assistance. (Photo- Twitter)

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

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

17 July 2020 10:44 AM IST