FM Sitharaman to meet bankers on loan recast

FM Sitharaman to meet bankers on loan recast

Monday, 31 August 2020 | PTI | New Delhi

Ahead of the roll out of one-time debt recast for resolution of Covid-19 related stress in bank loans, Finance Minister Nirmala Sitharaman will hold a review meeting with bankers and heads of non-banking financial companies (NBFCs) on September 3 for smooth and speedy implementation of the scheme. “The review (meeting) will...

Sensex crashes 839 pts as China border tensions flare up

Monday, 31 August 2020 | PTI | Mumbai

Snapping its six-session winning run, the BSE benchmark Sensex plummeted 839 points on Monday as fresh India-China border tensions triggered a broad-based selloff in domestic equities. Profit-booking at higher levels and weak macroeconomic data also fuelled the crash, traders said. After rallying 543 points in the morning session and touching the 40,000-mark,...

TRAI gives Vodafone Idea time till Sep 4 to reply to showcause notice on priority plan

Monday, 31 August 2020 | PTI | New Delhi

The Telecom Regulatory Authority of India (TRAI) has granted additional time till September 4 to Vodafone Idea to respond to its showcause notice on priority plan, a source said. TRAI, last week, had slapped a showcause notice on Vodafone Idea Ltd over its pay-more-for-priority-treatment mobile plan, saying the tariff offer "lacks...

1 die in Trump fans, BLM clash

Monday, 31 August 2020 | AP | Portland (US)

One person was shot and killed late Saturday in Portland, Oregon, as a large caravan of President Donald Trump supporters and Black Lives Matter protesters clashed in the streets, police said. It wasn’t clear if the shooting was linked to fights that broke out as a caravan of about 600 vehicles...

Global coronavirus cases top 25 million

Monday, 31 August 2020 | AP | Washington

The number of confirmed coronavirus cases globally has topped 25 million. That’s according to a tally kept by Johns Hopkins University. The US leads the count with 5.9 million cases, followed by Brazil with 3.8 million and India with 3.5 million. The real number of people infected by the virus around the world...

Nepal reports highest single-day surge with 1,221 fresh cases

Monday, 31 August 2020 | PTI | Kathmandu

Nepal on Sunday reported its highest single-day increase in the coronavirus cases with 1,221 new infections, taking the country’s total count to 38,561. During a regular press briefing, Dr Jageshwar Gautam, the spokesperson for the Ministry of Health, said the country’s death toll jumped to 221 after 14 more people died...

Defying China, Czech Senate arrives in Taiwan

Monday, 31 August 2020 | AP | Taipei

The president of the Czech Senate arrived in Taiwan on Sunday on a visit that has drawn sharp criticism from China. Milos Vystrcil was accompanied by Prague Mayor Zdenek Hrib and more than 80 representatives from government, business and academia, lending Taiwan a boost in its efforts to resist the diplomatic...

Thai royalists rally in riposte to anti-Government movement

Monday, 31 August 2020 | AP | Bangkok

About 1,000 people gathered in a Bangkok sports arena on Sunday, swearing to defend Thailand’s monarchy from a student-led mass movement that they believe is a threat to the institution’s existence. Calling themselves “Thai Pakdee,” or “Loyal Thai,” most were dressed in yellow shirts — a colour closely associated with the...

State Editions

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