NEW DELHI: The newly approved Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 could benefit nearly 1.1 crore MSME accounts by providing additional credit support to businesses affected by the ongoing West Asia conflict, according to a report by the State Bank of India (SBI).The Union Cabinet on Tuesday approved ECLGS 5.0 to offer extra working…
NEW DELHI: In one of the most daring operations on the high seas, the Indian Navy has safely disposed of an unexploded missile warhead recovered from the fuel storage compartment of a crude oil tanker, while Marshall Islands-flagged MT Olympic Life was on its way to Kochi from UAE’s Fujairah, the defence ministry said on…
RBI Governor says rate hike talk ‘premature’ as crude prices, monsoon remain uncertain NEW DELHI: Reserve Bank of India Governor Sanjay Malhotra has pushed back against expectations of an imminent interest rate hike, saying it is “premature” to discuss tightening given the fragile truce between the US and Iran and the uncertainty it creates for…
Siddhartha Khemka – Head of Research, Wealth Management, Motilal Oswal Financial Services Ltd says, “Markets are likely to remain sideways to under pressure in the near term despite Foreign Institutional Investors turning net buyers, as persistent weakness in the Indian rupee and elevated crude oil prices continue to weigh on overall market sentiment and limit…
IT major Tata Consultancy Services (TCS) on Sunday said it has a “long-standing zero-tolerance policy towards harassment and coercion of any form” NEW DELHI/NASHIK: IT major Tata Consultancy Services (TCS) on Sunday said it has a “long-standing zero-tolerance policy towards harassment and coercion of any form”, confirming that employees accused in a sexual harassment case…
Ecuador delivered an incredible shock to the football world by defeating four-time champion Germany 2-1, catapulting themselves into the knockout rounds of the World Cup (AP Photo) Record-breaking crowds witnessed a historic World Cup heist as a gritty Ecuador stunned four-time champions Germany 2-1 at the MetLife Stadium on Friday, sealing a dramatic berth in…
People collect drinking water from a water tanker (PTI Photo) BENGALURU: Even though the southwest monsoon has been delayed this year, Bengaluru residents need not worry about water shortages for the next four months, according to the Bangalore Water Supply and Sewerage Board (BWSSB).The utility said the combined storage in the Krishna Raja Sagar (KRS)…
Kieron Pollard and Vaibhav Sooryavanshi (PTI and BCCI Photos) NEW DELHI: Young batter Vaibhav Sooryavanshi continues to grab attention in the IPL with his fearless approach, drawing praise from many, including Kieron Pollard. Speaking ahead of a match, Pollard admitted he is impressed but also urged caution about the hype around such a young player.“At…
Microsoft’s cheif poeple officer Amy Coleman has infromed the employees that the company is committed to greater transperancy as staff navigate ‘intense and exciting change.’ In an internal memo viewed by Business Insider, Coleman outlined both encouraging signals and areas of concern from Microsoft’s latest employee surveys. According to the twice-yearly Employee Signals survey, the…
Instagram/@nafisaalisodhi This is not the story of an actor but of a traveller suffering from stage four cancer and still completing a 11,000-foot Rohtang trek. This is the story of resilience, determination and will power. Veteran actor and former beauty queen Nafisa Ali took to Instagram and shared that she had completed an 11,000-foot trek…