Thursday, Dec 03, 2020 | Last Update : 04:51 AM IST

Coronavirus outbreak Page-2

Amazon India to hire 50,000 temporary workers as lockdown boosts demand

The temporary hires will work in Amazon’s fulfillment centers and as part of its delivery network

22 May 2020 3:38 PM

Economic damage for India from lockdown to be significant, says Moody's

Indian economy already was growing at its slowest pace in six years and with the stimulus measures falling short of expectations

22 May 2020 2:06 PM

Fiat India Automobiles, Tata Motors JV plant resumes operations at Ranjangaon

The company implemented layers of protection, including cleaning, disinfecting and social distancing

19 May 2020 3:34 PM

EPFO alert! Government implements cut in EPF contribution to 10% for May, Jun, July

Reduction in EPF contributions shall be applicable "in respect of wages payable by it for the months of May, June and July, 2020"

19 May 2020 3:19 PM

WHO to review covid response after Trump attack

WHO Director-General Tedros us acknowledged there had been shortcomings and told the virtual assembly he welcomed calls for a review

19 May 2020 1:12 PM

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Swiggy to lay off 1,100 employees as covid19 hits online food orders

Swiggy is among many that are laying off employees and reshaping their business in response to the COVID-19 pandemic

18 May 2020 4:00 PM

RBI may extend moratorium on repayment of loans for three more months, says report

In March, RBI had allowed a three-month moratorium on payment of all term loans due between 1 March, 2020 and 31 May, 2020

18 May 2020 2:46 PM

FM Nirmala announces additional 40k crore under MGNREGS to boost employment

Top-100 universities will be permitted to automatically start online courses by May 30, 2020

17 May 2020 12:26 PM

Sitharaman to announce fifth and final tranche of economic package at 11 am today

Finance Minister on Saturday said the government will introduce competition, transparency and private sector participation in coal sector

17 May 2020 9:45 AM

FM Nirmala Sitharaman's third tranche covers agriculture and allied activities

Financing facility of Rs 1,00,000 crore will be provided for funding agriculture infrastructure projects at farm-gate and aggregation points

15 May 2020 5:42 PM

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SEBI extends deadline for stock brokers to submit reports till 30 June

This is the second instance when the regulator has extended the deadline for compliance

15 May 2020 3:59 PM

Coronavirus could inflict up to $8.8 trillion losses in global economy, says ADB

The impact on south Asian gross domestic product (GDP) will be to the tune of $142-218 billion

15 May 2020 12:55 PM

Govt releases truncated April WPI inflation data; 10% deflation in fuel, power basket

Wholesale price index (WPI) deflation in primary articles was 0.79 per cent in April, as against an inflation of 3.72 per cent in March

14 May 2020 2:00 PM

Kotak Mahindra Bank Q4 profit down 4% due to Covid19 related provisions

During the quarter, standalone profit also came down by 10% to Rs 1,267 crore as compared to Rs 1,408 crore in the same period a year ago

13 May 2020 3:33 PM

BRICS' new development bank provides $1 billion loan to India to fight pandemic

The 'Emergency Assistance Program Loan' to India was approved by the NDB Board of Directors on 30 April

13 May 2020 1:30 PM

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Auto component industry likely to witness double-digit degrowth in FY21

India exports around 12 percent of the total auto components to economies with reliance on crude oil such as Africa and Latin America

13 May 2020 1:24 PM

Mumbai witnesses community spread of Covid19: State health official

Community transmission is the third stage of a disease outbreak, where source of new infections cannot be traced to a particular individual

12 May 2020 11:46 AM

Start-ups get creative as coronavirus crisis fuels funding crunch, reinvents businesses to survive economic slowdown

A group of the top venture firms warned startups this month that it will be “very difficult” to raise financing anytime soon

11 May 2020 3:01 PM

IndiGo to cut salaries of senior employees from May

IndiGo announced pay cuts for its senior employees on 19 March, it had rolled them back on 23 April in deference to government's wishes

08 May 2020 1:29 PM

India's rating outlook reflects rising risk of slower GDP growth: Moody's

The agency pointed out that the negative outlook reflects increasing risks that economic growth will remain significantly lower than in past

08 May 2020 11:55 AM

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