Government opposes further loan moratorium

NEW DELHI: The government on Friday cited constraints imposed by the country’s economic situation and the uncertainty over the Covid-19 pandemic to oppose any further Supreme Court relief by way of extending the loan moratorium…

View: Big tech needs regulation but government action…

I am among those favouring regulation of the internet giants — Google, Facebook, Amazon, Apple, and Microsoft — because of their humungous control of viewers’ data (raising issues of privacy and national security) and unintended…

Centre approves Rs 3,737 crore bonus for 30…

NEW DELHI: The government on Wednesday decided to give Rs 3,737 crore bonus to 30.67 lakh central government employees to encourage spending during the festival season and add to demand in the economy. The decision…

China is snapping up Japanese government bonds, and…

Bank notes of the Chinese yuan, Japanese yen and the U.S. dollar.Zhang Peng | LightRocket via Getty ImagesSINGAPORE — China's recent purchase of Japanese government bonds surged to the highest level in more than three…

Government appoints Ashwani Bhatia as SBI MD

Mumbai: The government on Friday appointed Ashwani Bhatia as the managing director of lender State Bank of India. In an order from the Personnel Ministry late Friday, the government said Bhatia has been appointed as…

Indonesia has a ‘surprising’ way to fund a…

Pedestrians walk pass a mural depicting Indonesia's fight against the coronavirus pandemic in Jakarta on August 16, 2020.Feature China | Barcroft Media via Getty ImagesThe Indonesian rupiah is the worst-performing Asian currency so far this…