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US Treasury’s Janet Yellen tamps down inflation fears over Biden spending plan

GENERAL NEWS /

WASHINGTON: US Treasury secretary Janet Yellen on Sunday tamped down concerns that President Joe Biden‘s plans for infrastructure, jobs and families will cause inflation, saying the spending will be phased in over a decade. “It’s spread out quite evenly over eight to 10 years,” Yellen, former Federal Reserve chair, said in an interview with NBC’s […]

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From extension of due dates to late fee waivers. All you need to know about relief measures for tax compliance

GENERAL NEWS /

The central government on Sunday announced several relief measures for tax compliance amid the raging second wave of coronavirus disease (Covid-19). Here is a list of measures taken under the Goods & Services Tax (GST) law to ease the compliance of taxpayers in the face of a national health crisis. > The due date for

From extension of due dates to late fee waivers. All you need to know about relief measures for tax compliance Read More »

Franklin Templeton unitholders to get Rs 2489 crore in next tranche

GENERAL NEWS /

NEW DELHI: SBI Funds Management (SBI MF) will distribute the next tranche of Rs 2,489 crore to unitholders of Franklin Templeton Mutual Fund‘s six shuttered schemes in this week from Monday. SBI MF has already distributed Rs 12,084 crore to investors. This included Rs 2,962 crore distributed during the week of April 12. “We are

Franklin Templeton unitholders to get Rs 2489 crore in next tranche Read More »

Australia’s Perth at risk of second snap-lockdown with three new Covid-19 infections

GENERAL NEWS /

SYDNEY: Australia’s fourth-largest city faces prospects of its second snap lockdown in two weeks, officials said on Sunday, after a hotel quarantine security guard in Perth and two of his housemates tested positive for Covid-19. Western Australia (WA) Premier Mark McGowan said late on Saturday he had yet to decide whether the state’s capital city,

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Pronal breathing for coronavirus: How does it boost oxygen levels? Who should do it?

GENERAL NEWS /

Oxygen deprivation often leaves COVID positive patients gasping for breath and suffering from difficulties. With resources running scarce and patients facing problems searching for oxygen support machines, many are being recommended home remedies and therapies to manage the condition at home. Amongst them is ‘proning position’. Proning position is now being actively recommended to COVID+

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Volkswagen Autonomous Vehicles: Volkswagen to design chips for autonomous vehicles says CEO |

GENERAL NEWS /

HAMBURG: Volkswagen plans to design and develop its own high-powered chips for autonomous vehicles, along with the required software, Chief Executive Herbert Diess told a German newspaper. “To achieve optimal performance in light of the high demands that exist for cars, software and hardware have to come out of one hand,” Diess told Handelsblatt. Volkswagen

Volkswagen Autonomous Vehicles: Volkswagen to design chips for autonomous vehicles says CEO | Read More »

Shriram Housing Finance to provide free vaccination to customers Real Estate News

GENERAL NEWS /

(Representative image) In an industry first, mortgage lender Shriram Housing Finance has decided to provide free vaccination to its 20,000 affordable housing customers. The company would roughly spend Rs 1000 per loan as vaccination cost and would cover two members in a family. It estimates to spend nearly Rs 2 crore to provide free vaccination

Shriram Housing Finance to provide free vaccination to customers Real Estate News Read More »

Antigua and Barbuda government promises to help India extradite Mehul Choksi

GENERAL NEWS /

Additional Secretary, External Affairs Ministry, Manpreet Vora met Antigua and Barbuda External Affairs Minister E Paul Chet Greene late Friday night The Caribbean island government confirmed the continued presence of Mehul Choksi on their soil and promised India all possible help in his extradition. This could be the beginning of the end of fugitive businessman

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