Rs

Covid-19 relief: FM announces Rs 1.7 trn plan for poor, migrant workers

Finance Minister Nirmala Sitharaman on Thursday announced a aid deal for the lousy and migrant employees in the place in mild of the 21-working day lockdown in the place to tackle the challenge posed by the coronavirus (Covid-19) pandemic. The Prime Minister Gareeb Kalyan scheme value Rs 1.seven trillion will have two sections — cash transfer and foodstuff protection, said the Finance Minister. Covid-19 deal to take treatment of the welfare considerations of the lousy and migrant employees who have been struggling simply because of a nationwide lockdown The FM also announced a clinical insurance policies scheme for wellbeing employees. This Rs fifty lakh for each unique insurance policies plan would be relevant to all wellbeing employees that includes sanitation and ASHA employees, paramedics, doctors, nurses. Two million wellbeing employees will profit from this scheme, knowledgeable the minister.

“We do not want anyone to continue being hungry, so we will

Read More

Top 10 companies lose Rs 4.22 trillion in m-cap; TCS, RIL hit hard

The ten most valued domestic firms shed a enormous Rs four,22,393.forty four crore in industry capitalisation final 7 days, with heavyweights TCS and RIL taking the most significant strike.

In a nerve-wracking 7 days for the markets, the BSE Sensex plummeted 3,473.fourteen points or nine.24 per cent, mainly in tandem with global equities which were hammered by worry promoting amid the coronavirus pandemic.

The industry capitalisation (m-cap) of TCS dropped by Rs one,16,549.07 crore to arrive at Rs 6,78,168.49 crore for the 7 days ended Friday.

Reliance Industries’ m-cap plummeted Rs one,03,425.15 crore to Rs 7,01,693.fifty two crore.

Infosys was a further big drag, with its valuation plunging Rs 41,315.ninety eight crore to Rs 2,73,505.sixty two crore.

HDFC Bank’s m-cap tanked Rs 34,919.fifty one crore to arrive at Rs five,87,one hundred ninety.43 crore and that of Hindustan Unilever Restricted (HUL) tumbled Rs 33,208.35 crore to Rs four,forty,151.42 crore.

The valuation

Read More