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Max Cement completes 10 years of existence in NE
Business

Max Cement completes 10 years of existence in NE

BUSINESS Reporter Guwahati, Feb 4: Max Cement, one of the India’s newest cement manufacturers, has completed a decade of its operations in North-east India. The company celebrated this successful journey of one decade with the greater Max Cement family comprising its employees, dealers and...
Manisha Hazarika, Manoj Goswami to get Leo Expo awards
Business

Manisha Hazarika, Manoj Goswami to get Leo Expo awards

BUSINESS Reporter Guwahati, Feb 4: Noted singer Manisha Hazarika and Editor of Amar Asom Manoj Kumar Goswami have been selected for this year’s Leo Expo Silpi Sanman and Leo Expo Sangbadik Sanman, respectively. The announcement was made by the selection committee comprising noted...
At $238 mn, Virat Kohli remains most valued celeb: Report
Business

At $238 mn, Virat Kohli remains most valued celeb: Report

Mumbai, Feb 4: Ace cricketer Virat Kohli has been ranked as the most valuable celebrity for the fourth consecutive year in 2020 with a brand value of $237.7 million, and the second and third slots have gone to Hindi film actors Akshay Kumar and Ranveer Singh, according to an industry ranking. Of the...
RBI to look at harmonising regulations for microfinance lenders
Business

RBI to look at harmonising regulations for microfinance lenders

Mumbai, Feb 5: Against the backdrop of the Assam Assembly passing a law to regulate microfinance institutions in the state, the Reserve Bank of India (RBI) on Friday said it will look to "harmonise regulatory frameworks" for such microlenders.Microfinance lenders have witnessed a dip in loan...
RBI maintains status quo for fourth time in a row; keeps key rate static at 4%
Business

RBI maintains status quo for fourth time in a row; keeps key rate static at 4%

Mumbai, Feb 5: The RBI on Friday decided to leave the benchmark interest rate unchanged at 4 per cent but maintained an accommodative stance, implying rate cuts in future if need arises to support the economy hit by the COVID-19 pandemic.The Reserve Bank's Monetary Policy Committee (MPC) voted...
Further opening will depend on COVID-19 situation: Puri
Business

Further opening will depend on COVID-19 situation: Puri

Domestic flight operations New Delhi, Feb 3: The Civil Aviation Ministry today told Rajya Sabha that further opening up of the domestic scheduled operations is subject to prevailing COVID-19 situation, status of operations and passenger demand for air travel. In the wake of the pandemic, scheduled...
India does not agree with USTR’s report: Commerce Secy
Business

India does not agree with USTR’s report: Commerce Secy

E-commerce tax New Delhi, Feb 3: India does not agree with the United States Trade Representative (USTR) report that the country’s 2 per cent equalisation levy on foreign e-commerce firms discriminates against American companies, Commerce Secretary Anup Wadhawan said today. Last month, an USTR...
Sensex ends above famed 50K mark for first time
Business

Sensex ends above famed 50K mark for first time

New Delhi, Feb 3: From a daunting March 2020 to a rewarding February 2021, equity benchmark Sensex has swung between extreme lows and highs in less than a year before closing above the 50,000 mark for the first time today. Stock markets had witnessed volatile trends during the last year, with the...
PM-CARES Fund to foot over 80% cost of 1st phase
Business

PM-CARES Fund to foot over 80% cost of 1st phase

Covid-19 vaccination drive New Delhi, Feb 2: The PM-CARES Fund, which has been set up to provide relief during the coronavirus pandemic, has contributed over Rs 2,200 crore for the first phase of vaccination drive, which is looking to inoculate frontline healthcare workers, the Expenditure Secretary...
Budget leaves State tour operators a disappointed lot
Business

Budget leaves State tour operators a disappointed lot

Service outages CITY CORRESPONDENT GUWAHATI, Feb 2: Tour operator fraternity of the State expressed disappointment for not providing any direct benefits to the tourism stakeholders which has been one of the worst-hit sectors by the pandemic.They said that the Budget has left them devastated as there...
Govt to explore use of blockchain tech for ushering in digital economy
Business

Govt to explore use of blockchain tech for ushering in digital economy

New Delhi, Feb 2: The government will explore the use of blockchain technology proactively for ushering in the digital economy, the Rajya Sabha was informed today. Minister of State for Finance Anurag Singh Thakur said it was announced in the Budget speech of 2018-19 that the government does not...
Tea industry hails welfare schemes for TE workers
Business

Tea industry hails welfare schemes for TE workers

STAFF REPORTER Guwahati, Feb 1: The Indian Tea Association (ITA) has complimented Finance Minister Nirmala Sitharaman for “presenting a visionary and progressive Budget 2021-22” which “scores high on social reforms and lays down the roadmap towards accelerating the growth of the economy”. The Rs...
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