Share List TLI Staff New Delhi: High operational costs have driven many air charter operators out of business in the last 3-4 years and the panic around the deadly Coronavirus threatens to worsen the situation. But many firms hope that health concerns would compel high-flying corporates to hire a jetContinue Reading
Share List TLI Staff New Delhi: Bracing up for possible economic downturn due to the disruptions caused by deadly Coronavirus, Reserve Bank of India (RBI) has asked banks and financial institutions to assess the risks and their impact on their financial health. “Based on the above studies, they should takeContinue Reading
Share List TLI Staff New Delhi: With Covid-19 playing havoc across the world and countries sealing their borders, most airlines could go bankrupt by May end this year. Global aviation consultancy Centre for Asia Pacific Aviation (CAPA) on Monday said that as the impact of the Coronavirus and multiple governmentContinue Reading
Share List TLI Staff New Delhi: Reduction in air fares along with the sharply lower passenger volumes in the wake of Coronavirus outbreak could lead to a sharp decline in the operating margins of the airlines. As the economic impact of the deadly virus has been deepening by the day,Continue Reading
Share List TLI Staff New Delhi: Readying its next level response to fight the spread of Coronavirus, Tata Motors has asked employees who could perform their tasks remotely to work from home. In an internal communication to its staff, the company said that employees in office based roles including thirdContinue Reading
Share List TLI Staff New Delhi: Faced with dwindling sales due to Coronavirus, Delhi-based traders’ group has appealed the government to provide insurance cover for its members. Delhi-based Confederation of All India Traders (CAIT) wants insurance companies to introduce insurance coverage for disruptions in business due to Coronavirus and hasContinue Reading
Share List Pratiman Uniyal As many as 5,839 people have died globally from Coronavirus (COVID-19) in less than 90 days and the number of total infected has soared to 1,56,770 creating panic and fear among the general public. First reported in the Hubei province of China, the deadly virus rapidlyContinue Reading
Share List TLI Staff New Delhi: The GST Council chaired by Finance Minister Nirmala Sitharaman could decide the process of registration, filing of returns and statement for outward supplies among others by companies facing bankruptcy proceedings. In its 39the meeting on Saturday, the Council is likely to approve a draftContinue Reading
Share List TLI Staff New Delhi: Seeking to contain the menace of fake invoicing and fraudulent passing of input tax credit (ITC), the all-powerful GST Council would today consider a proposal requiring physical verification and KYC of persons taking registration under the new indirect tax regime. Accordingly, the rules underContinue Reading
Share List TLI Staff New Delhi: The next time you buy a product from a store in your neighbourhood or a shopping mall, insist for invoice or pakka bill as this may instantly make you crorepati. The all-powerful GST Council would on Saturday consider a proposal to launch online lotteryContinue Reading