Exiting from the lockdown will be as tricky and challenging as imposing it
Last month, Union Finance Minister Nirmala Sitharaman had announced a Rs 1.70 trillion central package
The ADB president on Friday called Finance Minister Nirmala Sitharaman to discuss the issue and assured support to India in its fight against the coronavirus disease
Nasscom requested the FM to allow expenses incurred by companies in enabling Work from Home (WFH) for its employees as an eligible business expense
The bank is also engaged with the private sector to meet its financing needs during this period, ADB said in a statement
To win in life, you don't require ambition for its own sake. Leaders need to think of humility as being in the service of ambition
States, so far, have been paid pending dues till November and the remaining will be cleared in phases soon
The meeting will take place amid intense pressure from the states to continue the nationwide 21-day lockdown in an effort to flatten the Covid-19 curve and keep number of cases at a minimum.
PayNearby's managing director & chief executive officer plans to raise $50 million through equity dilution in what is inherently a 'people's business'
This comes a day after Prime Minister Narendra Modi held a videoconference with chief ministers on ways to tackle the escalating number of cases in the country
All states face the problem of reordering their finances. But Telangana more than others because it has committed itself to a path from which it cannot swerve
This includes Rs 6,195.08 crore on account of 'revenue deficit grant' under 15th Finance Commission recommendations to 14 states
Other states also want immediate release of compensation
One week into coronavirus lockdown, it is clear that thinking and planning began after PM Modi's momentous decision
FM Nirmala Sitharaman on Mar 26 announced amendment in the EPFO regulation to allow employees withdraw up to 75% of their corpus as non-refundable advance, or 3 months' basic salary, whichever us less
Mallya sought government help and said, "we are not sending employees home and paying the idle cost. Government has to help."
Dreze was part of academicians and activists who recently wrote to the Centre about the situation of the migrant workers
The key issue in a financial emergency is the provision for govt employees' salary cut
The auditors cited issues such as physical verifications of inventories, fixed assets, balance confirmations, fair-value measurements, and going-concern assessments
Prime Minister Narendra Modi is the chairman of the trust and its members include Defence minister, Home minister and Finance Minister