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Business

Business / News Update

11-point plan for farmers’ welfare announced

May 15, 2020 - by IANS

New Delhi: In the third tranche of Rs 20 lakh-crore package announced by the Prime Minister, Finance Minister Nirmala Sitharaman on Friday came up with an 11-point plan for farmers’ welfare, …

11-point plan for farmers’ welfare announced Read More
Business / News Update

Zomato lays off 13% workforce, up to 50% salary cut for rest

May 15, 2020 - by IANS

New Delhi: Hit hard by the Covid-19 pandemic, Zomato CEO Deepinder Goyal on Friday announced to lay off nearly 13 per cent of its workforce — over 600 employees — via …

Zomato lays off 13% workforce, up to 50% salary cut for rest Read More
Business / News Update

GDP growth rate for FY21 seen at 0.9-1.02%: Crediwatch

May 15, 2020 - by IANS

New Delhi:  India’s GDP for the financial year 2020-21 is likely to grow in the range of 0.9 per cent to 1.02 per cent, according to a report by Crediwatch. …

GDP growth rate for FY21 seen at 0.9-1.02%: Crediwatch Read More
Sensex hits 45K mark for first time ever
Business / News Update

Equity indices fall, Sensex below 31,000 mark

May 15, 2020 - by IANS

Mumbai: The key Indian equity indices fell on Friday morning with the BSE Sensex falling below the psychological 31,000 mark. The Nifty50 on the National Stock Exchange also was trading …

Equity indices fall, Sensex below 31,000 mark Read More
Business / News Update

Amazon goes after scammers in US, India who lured Alexa users via fake apps

May 15, 2020 - by IANS

Seattle/New Delhi: Amazon has filed a lawsuit against an international ring in Washington State and India that developed a tech support scheme to con people via fake Amazon apps who were …

Amazon goes after scammers in US, India who lured Alexa users via fake apps Read More
India's forex reserves decline by over $3 billion
Business / National / News Update

Stimulus fails to cheer market, Sensex plunges 885 points

May 14, 2020 - by IANS

Mumbai: The Indian stock market plunged on Thursday with the BSE Sensex falling over 800 points and the NSE Nifty50 falling below the 9,200 mark. The initial announcements under the Rs …

Stimulus fails to cheer market, Sensex plunges 885 points Read More
Business / News Update

Zomato disburses Rs 2.64 crore to over 3,100 restaurant workers

May 14, 2020 - by IANS

New Delhi: Food delivery platform Zomato on Thursday announced that it has disbursed Rs 2.64 crore to support more than 3,100 restaurant workers through its Gold Support Fund. “All funds collected …

Zomato disburses Rs 2.64 crore to over 3,100 restaurant workers Read More
Business / National / News Update

Subsidy for affordable housing to be extended till March 2021: FM

May 14, 2020 - by IANS

New Delhi: Finance Minister Nirmala Sitharman on Thursday announced that the Credit Linked Subsidy Scheme (CLSS) for middle income groups to buy affordable housing units will be extended till March 31, …

Subsidy for affordable housing to be extended till March 2021: FM Read More
Business / National / News Update

‘One nation, one ration card’ across India by March 2021

May 14, 2020 - by IANS

New Delhi: The Central government on Thursday announced ‘one nation, one ration card’ system to allow national portability of ration cards for the people, who can now avail the benefits under …

‘One nation, one ration card’ across India by March 2021 Read More
Business / National / News Update

Govt announces Rs 5,000-cr Special Credit facility for street vendors

May 14, 2020 - by IANS

New Delhi: Sensing adverse impact on the livelihood of street vendors due to COVID-19 pandemic, the Centre on Thursday announced Rs 5,000- crore special credit facility to benefit nearly 50 lakh …

Govt announces Rs 5,000-cr Special Credit facility for street vendors Read More

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