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Monthly Archives: January, 2020

Interim dividend issue may come up in next board meeting of RBI

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The issue of interim dividend may come up for discussion in the next Reserve Bank of India (RBI) board meeting as the government struggles to meet its ambitious fiscal deficit target of 3.3% amid revenue shortfall, sources said.

Air India unions to demand VRS package in meet

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Air India trade unions are likely to demand a VRS package at their second meeting with Minister of State for Civil Aviation Hardeep Singh Puri in New Delhi on Monday.

Equity MF investment falls 41% in 2019 on slowdown

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Investors pumped in nearly Rs 75,000 crore in equity-oriented mutual fund schemes in 2019, a sharp plunge of 41 per cent from the preceding year, mainly hit by extreme market volatility amid slowing economic growth.

Realistic nominal GDP target at 9.5-10% likely: Nirmala Sitharaman

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Finance Minister Nirmala Sitharaman is likely to stay conservative about the nominal gross domestic product (GDP) growth and set it at 9.5-10% in the FY21 budget as the time for 'picking optimistic target' experiments are over, say sources.

India may miss tax mop-up target for 2019-20 by Rs 2.5 lakh crore: Subhash Chandra Garg

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The government's tax collection is likely to fall short of its estimate by Rs 2.5 lakh crore or 1.2% of GDP in 2019-20, former finance secretary Subhash Chandra Garg said on Sunday while calling for scrapping of dividend distribution tax.

Aussie state braces for severe storms

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Australian forecasters warned on Sunday of severe storms to hit the bushfire-hit state of Victoria, which could lead to flooding. The Bureau of Meteorology issued severe thunderstorm warnings for parts of the state on Sunday, saying damaging winds and heavy rainfall were expected, the BBC reported.

Viral Facebook video reunites man with his family

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A viral Facebook video has helped a 78-year-old Bangladeshi man reunite with his family over four decades after he went missing on a business trip, according to a media report.

19 Indians kidnapped off Nigerian coast released

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Nineteen Indians, kidnapped by pirates from a commercial vessel from the high seas off the western coast of Africa last month, have been released while one died in their captivity, according to the Indian mission here. Twenty Indian crew members were kidnapped from the vessel MT Duke in the high seas off the western coast of Africa on December 15. The High Commission of India in Abuja on Sunday tweeted that 19 Indian nationals were released on Saturday while one died in the captivity of the pirates in "adverse conditions".

China reports 17 new cases of mystery virus

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China reported 17 new cases of the mysterious SARS-like virus on Sunday, including three in a severe condition, heightening fears ahead of China's Lunar New Year holiday when hundreds of millions of people move around the country.

MOSR Suresh Angadi monitors progress of railway related works around Desur area

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In order to attend to the concerns raised by the public of the area, Angadi reviewed the status/progress of Construction of Road Under bridge @ km.598/0-1 near Desur station. The Construction of retaining wall was in progress during inspection. Road of LC 371 connects the Khanapur highway to Desur village.
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