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Covid impact: Fitch affirms BBB- sovereign rating for India; outlook negative – Mint
Fitch forecasts a 12.8% recovery in India’s GDP in FY22, moderating to 5.8% in FY23, from an estimated contraction of 7.5% in FY21 Read More
reported by Aparna Banerjea at Livemint
Lenders to withdraw debt recast if Future Group-RIL deal goes through: Report – Mint
Earlier this week, lenders of Future Supply Chain Solutions Ltd also approved the debt restructuring plan of the company.Banking sources said the debt recast is actually ‘Plan B’ to help the nation’s largest retailer stay afloat Read More
reported by PTI at Livemint
Spending funds for setting up makeshift hospitals, temporary COVID care facilities eligible CSR activity:… – Moneycontrol
Earlier, the Ministry of Corporate Affairs had clarified that spending CSR funds on awareness campaigns and public outreach programmes to promote vaccination against COVID-19 would also be considered as an eligible CSR activity. Read More
reported by at Moneycontrol
RBI cancels licence of Maharashtra-based Bhagyodaya Friends Urban Co-operative Bank – Moneycontrol
As per the data submitted by the bank, more than 98 percent of the depositors will receive full amounts of their deposits from Deposit Insurance and Credit Guarantee Corporation (DICGC), the RBI said. Read More
reported by at Moneycontrol
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From the blogs
Now, Indian pharma firm develops oral vaccine in capsule form for Covid India Today
?Premas Biotech, an Indian firm has collaborated with American company Oramed Pharmaceuticals Inc. and announced on March 19 the development of an oral Covid-19 vaccine candidate that has shown efficacy after a single dose. Read More reported by at India...
How the newest vaccines fight Covid Vox
The scientific leap behind two new kinds of vaccines.Subscribe and turn on notifications (? ) so you don't miss any videos: goo.gl/0bsAjOResearchers ... Read More reported by at...
Taxpayers advised to claim newly inserted Deductions under Income Tax Return filing 2019 taxscan.in
The government introduced new deductions namely deduction for interest on affordable housing loan, deduction for interest on electric vehicle loans for taxpayers Read More reported by Taxscan Team at...