The impact will be greater for companies in Maharashtra, New Delhi, Rajasthan, Madhya Pradesh and Gujarat, where medical oxygen demand has increased multiple times due to high Covid-19 case loads
The government said spending by corporates for setting up makeshift hospitals and temporary COVID-19 care facilities will be considered as CSR activities
Finance Minister Nirmala Sitharaman on Thursday asked the Insurance Regulatory and Development Authority to direct companies to prioritise authorisations and settlement of Covid cases
The government's push towards blending ethanol up to 25% and move towards green hydrogen are encouraging, Bank of America Securities said in a note
Vaccinating all citizens above the age of 18 years against COVID-19 will cost Rs 67,193 crore, of which states together will incur Rs 46,323 crore, India Ratings said
The third phase of vaccination is very critical as this phase allows maximum population to come forward and take the jab.
RBI said the lender does not have adequate capital and earning prospects and as such, it does not comply with the various provisions of the Banking Regulation Act, 1949
The recast plan has been approved by a RBI-constituted expert committee headed by K V Kamath
The need of the hour is to effectively secure the economic recovery underway so that it becomes broad-based, the MOC said