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The govt is pushing public sector banks to ease lending rates to small scale industries (Representative image)NEW DELHI: The government is pushing public sector banks to provide additional working capital to small businesses at 7.5% interest under the loan guarantee scheme that proposes to provide up to Rs 3 lakh crore, while also asking them…
NEW DELHI: India has regained 65% of its appetite for fuel and demand will reach nearly pre-pandemic levels next month as economic activities pick up pace after the government’s announcement of a stimulus package and staggered easing of Corona restrictions, oil minister Dharmendra Pradhan told TOI on Saturday. “The world has seen an unprecedented erosion…
Mutual fund manager appoints legal counsel, says it is considering ways to maximise recovery value TopicsFranklin Templeton | Mutual Funds | Essel Infra Franklin Templeton Mutual Fund (FT MF), in an update on Friday, disclosed default of maturity payments of Rs 616 crore on the zero-coupon bond exposures to Essel Infraprojects. These debt papers were held at varied exposure…
Business leaders from across sectors interact with Union Minister for Railways and Commerce & Industry, Piyush Goyal, during this edition of India Today's e-Conclave 2020 Jumpstart series. The Cabinet minister hears the concerns of industry experts as India gears up to take steps in the direction of revival in the aftermath of the novel coronavirus…
In one of the biggest news of the week, Amazon announced that it will create 50,000 temporary jobs in India. On the gadget launches front, Microsoft launched Surface Hub 2S and Motorola two new phone…
Hundreds at Hong Kong protest after China security law plan
Holiday amid pandemic: Americans divided on how to respond
MUMBAI: Day one of opening of domestic air travel bookings from May 25 saw a tepid response from passengers, and tickets for most routes were available throughout the day at reasonable fares. The fares are capped and so there won’t be any exorbitantly high rates for the next three months till August 24. But, it…
Info-tech Our Bureau | Updated on May 23, 2020 Published on May 23, 2020 JioMart, an e-commerce venture of Reliance Industries Ltd (RIL) subsidiary Reliance Retail, has rolled out services across major cities in the country, with orders now being excepted through an online portal and an app.The services are available across Mumbai, Chennai, Kolkata,…
By: PTI | Bengaluru | Published: May 23, 2020 11:28:51 am Canara Bank has employed various strategies like SMS, call centres, emails and personal calls to reach out to the eligible borrowers to explain the facility in order to sanction the loan.Canara Bank has announced credit support for all its borrowers who have been affected…

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