Frontier Cancels Flight, Citing Maskless Passengers
The airline’s treatment of the passengers, all Orthodox Jews, drew condemnation and accusations of anti-Semitism from Jewish groups. …
Read moreEconomy Today
Why Infrastructure is Next on Biden’s To-Do List
Strengthening the country’s highways, bridges and broadband networks has broad popular support, but Washington remains bitterly divided on the details. …
Read moreTwo Americans Tied to Carlos Ghosn’s Escape Are Extradited to Japan
The father and son face trial on charges that they helped Mr. Ghosn, Nissan’s former chief, flee in a speaker box to Lebanon in 2019. …
Read moreNorman Landsberg, Jeweler With a Friendly Touch, Dies at 94
He designed and sold jewelry for 72 years from a booth in the diamond district in Manhattan. He died of Covid-related pneumonia. …
Read moreMichaels Draws Buyout Interest From Private Equity
Michaels has seen its business boosted by the pandemic, as people turn to hobbies during stay-at-home orders. …
Read moreFrom GST collection to car sales, macro data signals steady recovery
GST mop-up rises 7% to Rs 1.13 trn in Feb; Manufacturing PMI eases slightly to 57.5 …
Read moreEx-Times Reporter Who Used Racial Slur Publishes a Lengthy Defense
Donald McNeil, who resigned last month after the publication of an article on his conduct during a student trip, writes that he left the paper after “a series of misunderstandings and blunders.” …
Read moreFood inflation in India to increase as chicken, milk may cost more
An expected rise in food prices could be a setback for the monetary policy makers, who have been betting on softer levels …
Read moreDTC approves bids for procurement of 300 air-conditioned electric buses
The Delhi Transport Corporation on Monday approved bids for procurement of 300 air-conditioned low-floor e-buses, a move hailed by Chief Minister Arvind Kejriwal who said his government was committed to switching public transport to electric mode. The 300 electric buses, after approval by the cabinet, will start arriving from October and the entire induction will be completed by next February, said Transport Minister Kailash Gahlot who chaired the board meeting. “Along with private vehicles, we are also committed to switch public transport to electric,” Kejriwal tweeted. “Delhi will defeat pollution with the joint efforts of the people & the government. Our EV Policy will set a precedent for the world.” The 300 low-floor air-conditioned buses would be equipped with state-of-the-art features like real-time passenger information system, CCTVs, panic buttons, GPS and other facilities, and will be friendly for persons with disabilities. In view of passenger safety, especially for … …
Read moreNSE technical glitch cost us immensely, says FM Nirmala Sitharaman
The NSE had on Wednesday halted trading on the stock exchange for nearly four hours due to a technical glitch. …
Read moreIndia holds significant export potential in toy sector, says commerce secy
Participating in a webinar on ”Scaling up Toy Exports from India”, Wadhawan said the government intends to promote Toy clusters through innovative and creative methods …
Read moreFarmers should get more avenues to sell crops, says PM Narendra Modi
The prime minister laid emphasis on the effective and timely implementation of these Budget provisions so that benefits reach to the maximum people …
Read moreCommercial bank credit to midsize firms up 27.9%, shows RBI data
Bankers said the economic recovery has begun to translate into a rise in demand for loans. …
Read moreVirus Did Not Bring Financial Rout That Many States Feared
Grim forecasts held up for a few states, but many took in about as much tax revenue as before the pandemic — sometimes a lot more. …
Read moreLicense more manufacturing sites in developing nations to produce vaccines: WTO DG
The WTO MC12 will take place in November in Geneva. It was originally scheduled to take place in June 2020 in Kazakhstan but was postponed due to the Covid-19 pandemic….
Read moreRapid growth in renewable power needed to meet demand: Sumant Sinha
Renew Power has become the first Indian company to list on Nasdaq using the Special Purpose Acquisition Company route. Sumant Sinha, Chairman, ReNew …
Read moreShipping Corporation sale: Great Eastern, Safesea Group join race by submitting EoIs
The government has received at least five expressions of interest, including from the Great Eastern Shipping Co Ltd and US-based Safesea Group, for th …
Read moreSpectrum auction: Govt receives bids amounting to Rs 77,146 cr in Day 1
A total of 2308.80 MHz spectrum is being put to auction, out of which there have been bids for 849.20 MHz so far, Ministry of Communications said in a statement …
Read moreGovernment directs BIS to reduce testing fees for MSMEs, start-ups and women entrepreneurs
Goyal: Move will improve ease of doing biz, encourage people to get products certified …
Read morePM-KUSUM: Focus shifts from pump to agri feeder
Move would obviate need for farmers to replace every existing pump with solar pump …
Read more‘Reducing bureaucratic restrictions can be welcoming for impact investment’
In an exclusive interview with BusinessLine, Ajay Rao, Regional Managing Director for South Asia, DFC shares his views on impact investment in India, challenges and opportunities. …
Read moreCheque dishonor cases can’t be filed or continued against firms facing insolvency proceedings: SC
The top court, however, did not extend the benefit of moratorium on judicial proceedings in cheque bounce cases to directors or signatories of cheques of such firms, saying criminal cases would continue against “natural persons”….
Read moreHigh frequency indicators point to recovery: RBI
In terms of nominal GDP, 96 per cent of pre-pandemic economic activity has been restored, assuming that the National Statistical Office’s first advance estimates hold. All high frequency indicators point to a recovery based on a revival of consumption is underway. But it could be short-lived, the Bulletin warned. …
Read moreTransworld Group to build a ₹200 crore container manufacturing facility in Gujarat
Dubai-based Transworld Group, promoted by Indian businessman Ramesh Ramakrishnan has signed an agreement with state-owned Sagarmala Development Compan …
Read moreCredit demand to pick up post vaccination roll-out : RBI
“Credit offtake is expected to pick up as the economy is poised to stage a smart recovery in 2021-22 on the back of decline in COVID infections and swift rollout of the vaccination programme in addition to a number of measures announced by the government in the Union Budget 2021-22 to accelerate the growth momentum” said study by the Reserve Bank of India published in its latest monthly bulletin….
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