Govt to borrow Rs 4.34 lakh cr in second half of 2020-21

New Delhi: The Finance Ministry on Wednesday said the government will borrow Rs 4.34 lakh crore in the second half of the current fiscal to meet its expenditure requirement amid COVID-19 crisis afflicting the country’s economy. The government is sticking to Rs 12 lakh crore borrowing target for the current fiscal, Economic Affairs Secretary Tarun […]

We were outplayed, no excuses from us: Ponting

Abu Dhabi: Delhi Capitals coach Ricky Ponting had no qualms in admitting that they were “outplayed” in all departments in the IPL game against Sunrisers Hyderabad and refused to blame the pitch, saying it played better when his team batted. This was Delhi Capitals’ first loss of the season. Chasing 163 for win and to […]

COVID-19: MHA allows cinemas, entertainment parks to reopen from Oct 15

COVID-19: MHA allows cinemas, entertainment parks to reopen from Oct 15

New Delhi: The Union Home Ministry on Wednesday issued new guidelines for permitting more activities in areas outside the containment zones that include opening up cinemas, theatres and multiplexes with up to 50 per cent of their seating capacity from October 15. States and UT governments have been given the flexibility to decide on reopening […]

31.4% spring slide for a US economy likely to shrink in 2020

31.4% spring slide for a US economy likely to shrink in 2020

Washington:  The U.S. economy plunged at an unprecedented rate this spring and even with a record rebound expected in the just-ended third quarter, the U.S. economy will likely shrink this year, the first time that has happened since the Great Recession. The gross domestic product, the economy’s total output of goods and services, fell at […]

J&K govt to liquidate Rs 11,000 crore in power sector

J&K govt to liquidate Rs 11,000 crore in power sector

Srinagar: The Jammu and Kashmir administration on Wednesday said it would liquidate the liabilities, including interests in the power sector, by raising over Rs 11,000 crore under the Atmanirbhar Bharat Abhiyan.   The decision was taken at the meeting of Jammu and Kashmir Power Corporation Ltd’s board of directors (JKPCL). An official spokesman said Power […]

Work with utmost zeal for people’s welfare: J&K LG to elected representatives

Work with utmost zeal for people’s welfare: J&K LG to elected representatives

Srinagar: Jammu and Kashmir Lieutenant Governor Manoj Sinha asked the elected public representatives and political leaders in the Union Territory on Wednesday to work with utmost zeal for the welfare of people and be their voice in highlighting their developmental needs and issues.   Sinha said this while interacting with a delegation of block development […]

Gold falls Rs 26, silver declines Rs 201

Gold falls Rs 26, silver declines Rs 201

New Delhi: Gold prices declined marginally by Rs 26 to Rs 51,372 per 10 gram in the national capital on Wednesday amid weak global prices and rupee appreciation, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 51,398 per 10 gram. Silver prices also declined Rs 201 to Rs […]

SC refuses to postpone civil service exam of 2020

SC refuses to postpone civil service exam of 2020

New Delhi: The Supreme Court Wednesday refused to postpone UPSC civil services preliminary exam, to be held on October 4, because of COVID-19 pandemic and floods in several parts of the country. A bench of Justices A M Khanwilkar, B R Gavai and Krishna Murari asked the Centre to consider granting one more chance to […]