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Farmers can continue to avail special interest rate till May 31, says RBI

This will be applicable for short-term crop loans of up to Rs 3 lakh per farmer, the RBI said

HDFC cuts prime lending rate by 15 bps; move to benefit home loan customers

The reduction in rate comes after the RBI provided a boost to the banking system through its policy measures and also introduced a targeted long term repo operation (TLTRO)

Award set up for young officers of Indian Railway Traffic Service

The honour will be for developing and managing SETU, a platform for providing transport solution in this hour of crises.

US FDA clears Aurobindo Pharma Unit IV, reverts classification to VAI

The latest classification, VAI, suggests that though certain objectionable conditions were found during the review, they did not warrant any further regulatory action

RBI's liquidity support to NBFCs negligible: Emkay Global Research

The RBI has so far not provided any clarity on whether banks will grant moratorium to the shadow lenders on the loans they have availed

Centre forms a high-level task force on coronavirus vaccine, drug testing

The task force would also form clinical cohorts, which would focus on long-term follow up of the disease and its management

DPIIT, Finance Ministry locked horns before tweak in FDI guidelines

Since the FDI notification was meant to restrict, than expand, the ambit of foreign investment, it was initially opposed by the finance ministry

Covid-19 impact: No respite from lockdown for auto firms in Maharashtra

Factories of some of the country's leading auto firms like Volkswagen, Bajaj Auto, Mercedez-Benz, FIAT India, and Mahindra and Mahindra, among others, are located in these areas

Kotak Mahindra Bank to consider raising equity capital

On a standalone basis, as of December quarter, the lender had a capital adequacy ratio of 18.2 per cent, with tier 1 capital at 17.7 per cent. The regulatory requirement is at 11.07 per cent

Covid-19: Govt forms high level task force for vaccine and drug testing

The task force would also form clinical cohorts which would focus on long term follow up of the disease and its management

Sudhanshu resigns as Viacom MD; Rahul Joshi gets additional charge

Vats expanded Viacom18's footprint into digital and video-on-demand services apart from strengthening the network's position in Hindi entertainment, kids and regional content.

Uber starts 'Essential' service in Mumbai to ferry passengers to hospitals

The ride hailing company has partnered with the city's traffic police and has identified a select fleet of vehicles for pick-up and drop to or from city hospitals

GMR receives LoA for Bhagapuram International Airport from Andhra govt

The state government had proposed the green-field airport at Bhogapuram in Vizianagaram district as an alternative to the existing airport in Visakhapatnam