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Business

Facebook staff to WFH until July 2021, get $ 1,000

Facebook also said that the company will continue reopening offices in a restricted capacity where government guidance permits

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Economy

Gujarat tries harder to woo companies fleeing China

Gujarat stands first in terms of the number of industrial entrepreneurship MoUs, with 51% share of IEMs filed in India value-wise in 2019: CM

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Economy

RBI pushes loans against gold to 90% of value amid COVID crisis

There was expectation that the RBI will cut the repo rate, at which it lends funds to banks. This was the 24th meeting of the MPC

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Economy

Sitharaman: Rs 3 lakh crore credit facility will cover professionals

To provide relief to the industry, the government is in talks with the Reserve Bank of India (RBI) on various matters, Sitharaman said

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Economy

RBI wants govt to cut its stake in PSU banks to 26%

Several government committees and the RBI have recommended that India should have not more than five state-owned banks

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Economy

RBI: 5 dynamic shifts can repair renew economy

On agricultural transformation, RBI governor Das suggested a change in agriculture policy focus from minimum support price (MSP)

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Business

Mukesh Ambani becomes 5th richest in the world

The development comes days after Reliance’s Annual General Meeting where Mukesh Ambani announced several roadmaps for the company’s future

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Business

Air India to send employees on leave without pay for up to 5 years

The Air India order said 11 types of allowances – including flying allowance, special pay, wide body allowance, domestic layover allowance

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Economy

India Ideas Summit: PM Modi invites US to invest in agriculture sector

Marking a dual departure from the RSS’s economic ideology, Modi said at the India Ideas Summit he wanted human-centric growth and FDI in farm

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Business

Houston: Chinese consulate burning documents in courtyard?

Local media outlets shared footage of the incident where the Houston Police Department and fire officials can be seen trying to enter the premises