The bill proposes a new chapter in the IB Code to facilitate the pre-packaged insolvency resolution process for MSMEs
The EPFO data has revealed that almost half of the formal sector jobs created in May were in security agencies, small contractors, cleaning services.
The penalty has been imposed for "contravention of/non-compliance" with certain provisions of directions issued by the RBI
Once the Bill becomes law, it will provide immediate relief to thousands of depositors, who had their money parked in stressed lenders
IDBI Bank's asset quality improved with gross NPAs falling to 22.71% of the gross advances as of June 30, 2021 from 26.81% by June 2020
The closure has affected all the businesses associated with malls which have about 200 retail stores operating in it and over 5,000 business entities
The domestic passenger traffic has decreased from over 23 million in January-March 2021 to around 11 million in the April-June period
Covishield supply to increase 12-13 crore doses in a month starting from August; Covaxin supply to go up to 2.5 crore doses a month.
To emerge out of this dark period, the world needs to become more inclusive
The report recommends the government to come out with a larger economic package aimed at bolstering demand, investment, exports and employment.