Business and Economy

NRAI urges landlords to waive rents for restaurants till June

New Delhi, March 29 (IANS) Hit by the coronavirus crisis and the nation-wide lockdown, the National Restaurant Association of India (NRAI) has urged landlords in the food and beverage (F&B) or restau...

Paytm to contribute Rs 500 crore for PM CARES Fund

New Delhi, March 29 (IANS) To support the fight against COVID-19 pandemic, India's leading digital payments and financial services platform Paytm on Sunday said it is aiming to contribute Rs 500 cror...

Wheat procurement after middle of April, no word from FCI

New Delhi, March 29 (IANS) With the country under a 21-day nationwide lockdown till April 14 due to coronavirus crisis, procurement of wheat in the new Rabi season will start only after the middle of...

India to be fastest growing G20 economy on Covid-19 impact as global economy shrinks

New Delhi, March 28 (IANS) India will emerge as the fastest growing economy among the G20 countries even as Economist Intelligence Unit (EIU) has slashed Indias GDP growth forecast to 2.1 per cent fr...

Cyber security risk increases amid 'work from home' trend

New Delhi, March 28 (IANS) With companies across the globe turning to work from home, via the online medium amid the COVID-19 outbreak, threats to cyber security have increased. Deepak Bhawnani, C...

COVID-19: Domestic flights suspension extended till April 14

New Delhi, March 27 (IANS) Aviation regulator DGCA has extended the suspension of domestic flights by a fortnight till April 14 in view of the ongoing 21-day nationwide lockdown due to the coronaviru...

ITC limits operations to production of essential items

New Delhi, March 27 (IANS) FMCG-to-hospitality major ITC on Friday said that its factories are producing only essential items such as flour, buiscuits and sanitisers. The company, however, said th...

Special cargo flights to NE, NFR operates goods trains

Guwahati, March 27 (IANS) Air India would operate special cargo flights to the northeastern region of India to ferry the commodities required to deal with the novel coronavirus treatment and other pu...

Business leaders need to reimagine the new normal

New Delhi, March 27 (IANS) The COVID-19 hit sectors like commercial aerospace, air and travel, insurance carriers, oil and gas and automotive may not see restart until 2021 and business leaders need ...

RBI rate cut fails to boost market, Sensex falls to trade in red

Mumbai, March 27 (IANS) Indian stock markets erased all their initial gains on Friday afternoon, with the BSE Sensex trading over 250 points lower, although the Reserve Bank of India (RBI) announced ...

TN government warns private banks against recovering dues

Chennai, March 26 (IANS) The Tamil Nadu government on Thursday warned of stringent action against private banks, self-help groups, and finance companies if they go on to collect interest on loans fro...

Will ask states to use Rs 31,000 cr fund for building workers: Centre

New Delhi, March 26 (IANS) Union Finance Minister Nirmala Sitharaman on Thursday said that the Centre will direct state governments to utilise the construction workers' welfare fund to support these ...

Digital India faces its biggest challenge amid lockdown

New Delhi, March 26 (IANS) When Digital India took birth, little did we know that in an unprecedented situation like a total lockdown, the apps and services that helped us sail through the day with e...

Most Indian businesses pivoting in response to pandemic: Survey

Bengaluru, March 26 (IANS) Overall 64 per cent of Indian businesses are ready or getting ready to meet the new workplace demands in the wake of new coronavirus pandemic and are leveraging collaborati...

Grofers user gets delivery slot for April 13, no slots on Bigbasket

New Delhi/Noida, March 26 (IANS) Day 2 of COVID-19 lockdown was no different for people who tried to book online delivery of essential items like groceries, milk and vegetables at Bigbasket, Grofers ...