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Business

Indian funds seek to reassure investors after shutdowns fuel redemption fears. The industry continues to remain robust. AMFI chairman Nilesh Shah

MUMBAI – Fund houses in India were battling to reassure investors on Friday, amid fears of a flood of redemption requests after the unprecedented closure of six debt funds by global giant Franklin Templeton. Franklin Templeton Mutual Fund, one of India’s most prominent mutual fund houses in fixed income, said on Thursday it would wind […]
Business

Lockdown due to COVID-19 has a drastic impact on the daily wage workers. Industries cannot be forced to pay wages to their employees during the coronavirus-induced lockdown, BJD MP Bhartruhari Mahtab

Industries cannot be forced to pay wages to their employees during the coronavirus-induced lockdown, BJD MP Bhartruhari Mahtab, who chairs the parliamentary panel on labour, said on Monday. Amid the countrywide lockdown to check the spread of the novel coronavirus, the parliamentary panel on labour on Thursday submitted its report on the Industrial Relations Code, […]
Breaking News

Compared to other nations of the world, India’s success rate & timely action are taken to contain Corona Virus during the 30-day period of the nationwide lockdown – Govt

The government said on Thursday that it has been able to “cut coronavirus transmission”, minimise its spread and increase the doubling time of COVID-19 cases in the country during the 30-day period of the nationwide lockdown. While asserting that the growth of coronavirus cases in the country has been more or less linear and not […]
Business

How India’s new FDI rules towards China will impact the trade & commerce?. China has called the rules “discriminatory”.

India’s plan to screen foreign direct investments from neighbouring countries has Chinese firms concerned that such scrutiny will affect their projects and delay deals in one of Asia’s most lucrative investment markets. The tougher rules were not a surprise, as other countries are also on guard against fire sales of corporate assets during the coronavirus […]
Business

Donal Trump fumes at China, threatens to terminate the trade deal with China if Beijing did not honour its provisions in the wake of the coronavirus pandemic that originated in the country.

Washington, Apr 22. US President Donald Trump has threatened to terminate the trade deal with China if Beijing did not honour its provisions in the wake of the coronavirus pandemic that originated in the country. While China has reported 82,788 novel coronavirus cases, including 4,632 fatalities, the US registered over 824,600 cases and more than […]
Breaking News Health

Centre objects to Kerala easing lockdown restrictions, saying it amounts to dilution of lockdown guidelines and also a Supreme Court observation

The Centre has come down heavily on the Kerala government for its decision to allow opening of restaurants, bus travel in cities and opening of MSME industries in urban areas, saying it amounts to dilution of lockdown guidelines and also a Supreme Court observation However, the Pinarayi Vijayan-led Left government in Kerala said there was […]