Business

NEW DELHI— The World Bank Board of Executive Directors has approved a $500 million program to support India’s large informal workforce and create greater flexibility for states to cope with the ongoing pandemic, future climate, and disaster…
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PATNA—Petrol prices have crossed Rs100-mark in 27 districts out of Bihar's total 38, much to the worry of the common men already battling survival as a result to Covid-19-related restrictions. As per a report, of all the districts, the…
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NEW DELHI—The World Bank’s Board of Executive Directors  has approved a $500 million program to support the Government of India’s nationwide initiative to revitalize the MSME sector, which has been heavily impacted by the COVID-19 crisis.…
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NEW DELHI—Seamless transport connectivity between India and Bangladesh has the potential to increase national income by as much as 17 percent in Bangladesh and 8 percent in India, says a new World Bank report. Titled “Connecting to…
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PATNA—Residents of Siwan, birthplace of India’s first President Dr Rajendra Prasad, is ahead of others in matter of making foreign tours in search of jobs. According to an official report, a total of 305,300 passports were issued by the…
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NEW DELHI—In a remarkable shift from the older tradition, Union finance minister Nirmala Sitharaman on Monday presented India’s first digital or paperless budget through a tablet. This was the first time in 161 years that the budget…
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NEW DELHI—In a huge relief to senior citizens, the Indian government on Monday exempted people above 75 years of age with pensions as their lone source of income from filing income tax returns. “'We shall reduce the compliance burden on…
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Top farm union leader Bhupinder Singh Mann has stepped down from Supreme Court-appointed committee formed to start dialogues with the protesting farmers over the three controversial farm laws. The move comes a setback to the initiative…
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NEW DELHI—The Supreme Court on Tuesday suspended implementation of three controversial farm laws in a significant move aimed at breaking the deadlock. A bench of the top court headed by chief justice SA Bobde also formed a committee to…
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PATNA—The power distribution companies in Bihar have planned to increase power tariff by minimum 10 percent in the coming year. The tariff hike plan amid the coronavirus outbreak already crumbling people’s economy is set to give a…
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