Retirement fund body added 1.39 crore new subscribers in last two financial years, the Ministry of Labour & Employment said on Monday. "Recently published provisional payroll data by the EPFO highlights the ever growing trend of increasing subscriber base for EPFO, since the collation of payroll data from September 2017," the ministry said in a statement.
Railways Minister Piyush Goyal on Monday said huge opportunities are there for businesses in the sector as the ministry is willing to lease out traffic routes and parcel trains to them.
India is very likely to come out with another round of fiscal stimulus package, worth about 1 per cent of GDP in the coming months, Fitch Ratings said on Monday.
The State Bank of India (SBI), India's largest lender, has issued a warning for its users to beware of an imminent phishing attack (cyber attack). The Indian Computer Emergency Response Team (CERT-In) on Sunday had warned that in a major phishing attack, millions of Indians could be targeted by fake emails, social media posts or texts messages, which promises free Covid-19 testing across India.
Adani Power board on Monday approved the proposal to delist the company’s equity shares from stock exchanges. The company has worked out the floor price of an equity share of Rs 33.82 to buy 96.53 crore scrips with the public for about Rs 3,264 crore.
Glenmark has become the first pharmaceutical company in India to receive regulatory approval for oral antiviral favipiravir, for the treatment of mild to moderate COVID-19.
Reliance Industries raised Rs 1.15 lakh crore from global tech investors by selling a little less than a quarter of the firm's digital arm, Jio Platforms, and another Rs 53,124.20 crore through a rights issue in the past 58 days.
Shares of Glenmark Pharmaceuticals on Monday rallied 20 per cent after the company said it has launched antiviral drug Favipiravir, under the brand name FabiFlu, for the treatment of patients with mild to moderate COVID-19.
Ratan Tata, Chairman Emeritus, Tata Group on Sunday called for an end to online hate-mongering and bullying and asked the online community to be more kind and sensitive. In a post on Instagram, Tata said the online community is being hurtful to each other.
Petrol price in Delhi was hiked to Rs 79.56 per litre from Rs 79.23 while diesel rates were increased to Rs 78.55 a litre from Rs 78.27, according to a price notification of state oil marketing companies.
In the previous session, the BSE barometer settled 523.68 points, or 1.53 per cent, higher at 34,731.73, and the broader Nifty surged 152.75 points, or 1.51 per cent, to 10,244.40.
Fintech major MobiKwik on Sunday said it expects to get back to growth trajectory around August-September as digital transactions pick up at offline retailers, and demand in categories like travel returns.
The country’s second largest lender Punjab National Bank is planning to hit capital markets in the fourth quarter this fiscal to raise funds to help meet growth needs and regulatory requirements.
The Confederation of All India Traders (CAIT) has amplified its call to boycott Chinese imports, listing out as many as 500 items that the traders' body wants to do away with. Importantly, CAIT has also approached the Central government, seeking hike in customs duty on imported Chinese products.
Veteran industrialist Ratan Tata on Sunday called for stopping online hatred and bullying and instead supporting each other in what has been a "year full of challenges" for everyone.
E-commerce major Amazon will host Small Business Day (SBD) 2020 on June 27 to help small businesses, artisans, weavers, micro-entrepreneurs and start-ups rebound from economic disruption created by the COVID-19 pandemic.
Drug firm Hetero on Sunday said it has received approval from regulator DCGI to launch investigational antiviral drug Remdesivir for the treatment of COVID-19.
Amid rising number of COVID-19 cases, the government has extended the Rs 50 lakh insurance scheme for about 22 lakh healthcare providers for another three months till September.
The challenge here would be not to look "opportunistic" and leverage the current explosive situation on just riding on the anti-Chinese sentiment but to offer real challenges in the form of top-end devices with solid internals at affordable price points, feel industry experts.
On the occasion of Father's Day, the expert shares five early financial lessons to pass onto your children that help ensure they have a bright and secured financial future ahead:
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