“For all future vessels planned to sail through the area, a case-by-case assessment will take place to determine whether adjustments need to be made – including diversions via the Cape of Good Hope and further contingency measures,” Maersk said.
Following the market correction prompted by the IL&FS default and a brief pause due to the COVID-19 pandemic, bank financing for NBFCs has begun to rise again, it said.
Johri urged businesses to get registered under GST and said the department is conducting an outreach programme to make businesses aware of the benefits of Goods and Services tax. The GST authorities have been carrying out a two-month drive against fake registrations which began May 16.
With the presentation of the interim budget on February 1, Nirmala Sitharaman will surpass the records of her predecessors like Manmohan Singh, Arun Jaitley, P Chidambaram, and Yashwant Sinha, who had presented five budgets in a row.
Institutional shareholders, including mutual funds, insurance companies and foreign portfolio investors, who hold 71.78 per cent stake in ZEEL, are in a position to wield the clout in the running of the company
“…(Labour Minister) expressed satisfaction that EPFO is giving 8.15% interest this year and has already credited interest in more than 24 crore accounts,” said a ministry statement after the 71st EPFO Foundation Day.
“Even tomatoes need a vacation … we are unable to add tomatoes to our food,” read notices pasted at two Burger King India outlets. The chain has cited quality issues in explaining the shortfall.
“From the global perspective, tonight’s Fed message is important in setting the global market trend. Markets will wait for the Fed chief’s message before taking a decisive turn,” V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, said.
The creditors have realised Rs 3.16 lakh crore under the resolution plans approved under the Code.
“We will surely have to compete in the regional and global maritime sector. And it has to be done with a long-term vision. This is not just about the next 10 to 20 years but goes much beyond that,” says Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal.