COVID-19 crisis

China hikes defence budget by 6.6% to $179 billion, nearly three times that of India amid COVID-19 crisis

China's total defence spending in 2019 only amounted to a quarter to that of the United States, the world's largest defence spender, while the per capita expenditure was just about one-seventeenth.

May 22, 2020, 23:00 PM IST

COVID-19 related debt excluded from definition of 'default' under Insolvency and Bankruptcy Code

FM Sitharaman said the government has decided to decriminalise Companies Act defaults and drop 7 compoundable offences and 5 to be dealt with under alternative framework.

May 17, 2020, 14:20 PM IST

Measures taken to assist states facing sharp decline in revenues; Here're details

Announcing the final tranche of the Rs 20 lakh crore economic package on Sunday (May 17), Finance Minister Nirmala Sitharaman said that government has taken several measures to assist states that are facing a sharp decline in revenues.  

May 17, 2020, 13:52 PM IST

India's Rs 20-lakh crore economic package: Here's the break-up

Finance Minister Nirmala Sitharaman provided a tranche-wise break up of the Rs 20 lakh crore economic package announced by Prime Minister Narendra Modi to boost the economy.

May 17, 2020, 13:25 PM IST

SWAYAM PRABHA DTH channels to support, reach those who don't have access to internet

The FM said, "Extensive use of podcasts and radio. Special e-content for visually and hearing-impaired students. Top 100 universities will be allowed to start online courses by May 30."

May 17, 2020, 12:25 PM IST

Government committed Rs 15,000 crore for health-related measures to contain COVID-19: FM Nirmala Sitharaman

Union Finance Minister Nirmala Sitharaman on Sunday (May 17) outlined what the government has have done in the past two months in light of the COVID-19 crisis while announcing the final tranche of the Rs 20 lakh crore economic package announced by Prime Minister Narendra Modi to boost the economy.

May 17, 2020, 11:56 AM IST

BHEL invites global firms for partnership, setting up manufacturing bases in India amid COVID-19 crisis

BHEL has also cited its strong position to support any international company in setting up a base in India and taking forward the vision of Prime Minister Narendra Modi for Make in India.

May 05, 2020, 20:42 PM IST

Incentives can be given to exporters, but they have to be justified, WTO compliant: Piyush Goyal

In the post-COVID era, he said, there is going to be a perceptible change in the global supply-chains, and Indian industrialists and exporters should be looking to capture significant share in the world trade.

Apr 30, 2020, 00:36 AM IST

Dubai issues comprehensive guidelines for opening various sectors amid coronavirus COVID-19 crisis

Dubai, which serves as the business capital of the United Arab Emirates, has issued a comprehensive order and a set of guidelines that need to be put in place before various sectors hit by the coronavirus pandemic are reopened for public.

Apr 23, 2020, 16:49 PM IST