News

US President Joe Biden on Friday ordered the faster issuance of pandemic stimulus checks to needy families and increased food aid for children who normally rely on school meals, an effort to ease Americans’ burdens while Congress negotiates over his proposed $1.9 trillion economic stimulus package.

Telcos have asked the government to clarify about the entity that will be held liable if there is security breach in the network post implementation of National Security Directive (NSD) on the telecom sector, according to industry sources aware of the development.

State-owned Coal India Ltd on Saturday said that it is well geared to meet any surge in demand for coal from the power sector. The statement follows power demand touching an all-time high of 187.3 GW on Friday.

Finance minister Nirmala Sitharaman on Saturday launched the 'Union Budget mobile app' for hassle-free access of Budget documents by members of Parliament (MPs) and general public.

Kick starting the countdown towards Budget 2021, finance minister Nirmala Sitharaman on Saturday hosted the traditional 'halwa' ceremony. Every year, the government follows an annual tradition of hosting a halwa ceremony, a few days before the Budget is presented. The ceremony marks the beginning of printing of Budget documents.

Petrol and diesel prices in the country on Saturday touched new all-time highs after rates were increased for the fourth time this week.Petrol and diesel prices were hiked by 25 paise per litre each, according to a price notification from oil marketing companies.

A former Tesla Inc. software engineer was ordered to appear before a judge to face allegations that three days into his job, he started stealing confidential files and transferring them to a personal storage account.

Indian billionaire Mukesh Ambani doubled down on his promise to offer 5G services on his wireless network as early as this year, as his conglomerate Reliance Industries Ltd. reported a record profit aided by its consumer businesses.

Large non-banking finance companies (NBFCs) are likely to be more intensely regulated and their lending to sensitive sectors like capital markets and real estate capped if the RBI were to implement proposals that it has put forward in a discussion paper.

With domestic activity gradually returning to pre-Covid levels, the Reserve Bank of India (RBI) sees a phoenix-like recovery for the Indian economy.

Shanghai officials unveiled policies late on Thursday to cool the local market, including a measure designed to plug a loophole long exploited by buyers using fake divorces to become eligible to purchase more properties or obtain mortgages. As most Chinese cities limit demand by capping the number of properties a family can own, divorce becomes a way to bypass the restriction.

Tamil Nadu has barred UAE's flydubai from flying in passengers to the state till the month-end after the budget carrier brought a Covid positive passenger to Chennai this Sunday (Jan 17).