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As the bank merger becomes effective April 1, Finance Minister Nirmala Sitharaman is scheduled to meet the chief executives of the amalgamating banks on Thursday to review the preparedness for the merger.

Mumbai, March 12 (IANS) The Indian rupee on Thursday weakened to a 17-month low of 74.34 per US dollar as global markets slumped after the World Health Organization declared coronavirus as a global pandemic.

Entrepreneurs involved in textile manufacturing can make use of the ₹ 2.5 crore subsidy offered by the State government for starting small textile clusters/parks, said Sivaganga Collector J. Jeyakanthan.

The lottery scheme to encourage consumers to ask for an invoice is likely to have rewards in the range of Rs 10 lakh to Rs 1 crore a month. Winners will be selected by the National Payments Corporation of India.

The Gujarat High Court has issued notices to the Union government, the GST Council, and the Customs authorities over imposition of surcharge and cess on duties paid through scrip-based incentives by exporters.

Coimbatore: Students of Sardar Vallabhbhai Patel International School of Textiles and Management (SVPITM) in the city have been protesting for the past two days against the move to convert the institute into a research centre.

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