Economy & Nation

In a major development, the Enforcement Directorate (ED) has filed a case of money laundering over transactions worth Rs15 crore related to the alleged suicide of Bollywood actor Sushant Singh Rajput. An ED official said that it has registered a criminal case under the Prevention of Money...
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As the economy goes through a severe slowdown, which is likely to impact businesses further, finance minister (FM) Nirmala Sitharaman on Friday said that the government's focus is now on loan restructuring and talks are underway with the Reserve Bank of India (RBI) on this.   "The...
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The University Grants Commission (UGC) has told the Supreme Court that it is not possible to alter its July 6 guidelines mandating universities across India to conduct their final year examination by September end.   The UGC informed the court that the expert committee, headed by Prof...
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A 2019 government audit of India’s flagship payments processor, National Payments Corporation of India (NPCI), found more than 40 security vulnerabilities including several it called 'critical' and 'high' risk, says a report from Reuters, citing internal government documents.   "The...
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A sharp fall in both domestic and exports demand because of the corona virus (Covid-19) pandemic, lower profitability, and elongation of working capital cycle are expected to impair the credit profiles of readymade garment (RMG) makers this fiscal, says a research report.   In the...
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