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India to provide additional $500-mn assistance to Sri Lanka for fuel0
- International
- April 21, 2022
India will provide an additional $500 million in financial assistance to Sri Lanka for it to buy fuel, Sri Lanka’s foreign minister told reporters on Wednesday, adding Bangladesh was also willing to postpone a $450 million in swap repayments. “Assistance by the IMF will take about six months to come to us and it will come in
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IMF official identifies regulating crypto assets and digital currency as priority mid-term issues for India0
- Economy
- April 20, 2022
Regulating crypto assets along with digital currency, addressing the remaining regulatory concerns in the banking sector, and integrating with the global economy are among the few mid-term structural issues for India, a top official from the International Monetary Fund has said. Overall, the IMF is looking at India in “a very positive fashion,” Tobias Adrian,
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Air India flights to Hong Kong cancelled till April 24 amid China’s COVID restrictions0
- India
- April 18, 2022
Air India has canceled flights to Hong Kong between April 18-April 23, 2022, due to ‘restrictions imposed by the Hong Kong authorities and limited demand on the sector, as per an update shared by the airline on Twitter. Earlier, Hong Kong had banned Air India services till April 24 after three passengers on one of its
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India allows duty-free imports of cotton until September to cool prices0
- Economy
- April 14, 2022
India on Wednesday allowed duty-free imports of cotton until September 30 as prices in the local market jumped to a record high because of a drop in the production, the government said in a notification. The world’s biggest producer of fiber also removed the Agriculture Infrastructure and Development Cess (AIDC) on the imports, the government
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DGCA bars 90 SpiceJet pilots from flying 737 Max planes after finding them improperly trained0
- Business
- April 13, 2022
Indian aviation regulator DGCA has barred 90 SpiceJet pilots from operating the Boeing 737 Max aircraft after finding them not properly trained. “For the moment, we have barred these pilots from flying the Max and they have to retrain successfully for flying the aircraft,” DGCA chief Arun Kumar said in a statement. He also said that the
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After initial hiccup, many private hospitals start offering COVID-19 vaccine booster doses; demand rises on day 20
- health
- April 12, 2022
With both Serum Institute of India and Bharat Biotech asking private hospitals to start offering COVID-19 vaccine booster shots at the revised rates, promising that the price differential would be compensated through free doses later, healthcare providers have now decided to join the drive. Their decision to join the expansion of the nationwide vaccination drive
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