News

Deficit monetisation: Is it as easy as RBI printing more money?

ET News - 1 hour 24 min ago
India has a comfortable foreign exchange reserves of $487 billion currently.
Categories: Business News

International Labour Organisation writes to PM Modi, says India should uphold labour laws

ET News - 1 hour 24 min ago
This comes after 10 central trade unions lodged a joint complaint with the international body over some BJP-ruled states allowing complete exemption from labour laws for new establishments to attract investments and most states increasing the work hours from 8 hr to 12 hrs in single shifts.
Categories: Business News

Businesses must focus on security which is intelligent, automated and built into everything: Alok Ohrie, Dell

ET News - 1 hour 24 min ago
In a matter of hours millions of employees across India Inc shifted work from offices to homes. So far, this has worked out well with positive outcomes like increased productivity.
Categories: Business News

Chor companies never change, I burnt fingers trying to bet on #ChangingIndia: Porinju

ET News - 1 hour 24 min ago
He said these cos will perish in the ongoing ‘Historic Detoxification Drive’ of India Inc.
Categories: Business News

Half of the ‘euphoric’ wealth gained in tax cut rally fizzled out in 7 days

ET News - 1 hour 24 min ago
Data showed the domestic equity market gave up half the gains that it had amassed.
Categories: Business News

After changing Galwan claim line thrice, PLA now claims the entire valley

Business Standard - 3 hours 36 min ago
There was a shock on May 5, when some 5,000 Chinese troops crossed into the Galwan River valley, followed by another incursion in similar numbers into the Pangong Lake sector on May 12.
Categories: Business News

Germany set to take Lufthansa stake in landmark $9.8 billion bailout

Business Standard - 3 hours 37 min ago
The aid package involves taking an initial 20 per cent stake that could rise to a blocking minority of 25per cent plus one share in the event of a hostile takeover, the carrier said on Monday.
Categories: Business News

Lockdown extensions economically disastrous, says Anand Mahindra

Business Standard - 3 hours 54 min ago
While acknowledging that choices are not easy for policy makers, he said a lockdown extension will not help.
Categories: Business News

Covid-19 crisis: 80% MSMEs in Sonipat hub await their turn to open

Business Standard - 4 hours 15 min ago
The first of a five-part series captures the restlessness of workers in Haryana's industrial clusters struggling to restart operations
Categories: Business News

Medium company turnover limit may be doubled for MSME benefits

ET News - 4 hours 24 min ago
Finance minister Nirmala Sitharaman had on May 13 announced a new definition for MSMEs as part of the ₹20 lakh crore economic stimulus package. Besides a change in definition, she had announced a ₹3 lakh crore credit guarantee scheme to provide collateral-free loans to MSMEs.
Categories: Business News

Bengal and Assam tea sector estimated a loss of Rs 2,100 crore due to lockdown

ET News - 4 hours 24 min ago
Indian tea sector has estimated loss of Rs 2,100 crore in Assam and Bengal due to lockdown. This is based on the price recovered in 2019 North India tea auctions. These two north Indian tea producing states contribute over 80% to India's national yield. The plantation sector has requested government for a multidirectional financial package to come out of the crisis.
Categories: Business News

Fewer meetings will help achieve 100% productivity, say developers in survey

ET News - 4 hours 24 min ago
Working longer hours wasn't an issue but developers said they wanted fewer meetings as it cuts into productivity. The survey found that 97% of developers who worked over 60 hours reported they were happy with their job.
Categories: Business News

Parks packed, terraces open as Madrid and Barcelona ease curbs

ET News - 4 hours 24 min ago
The easing measures come as the Madrid region, the city of Barcelona and large parts of Castile-Leon in the northwest, formally enter the first phase of rolling back one of the strictest lockdowns in the world.
Categories: Business News

Lufthansa, Germany agree on $9.8-billion rescue package

ET News - 4 hours 24 min ago
The German Finance and Economy Ministries on Monday said Lufthansa was an operationally healthy company before the coronavirus outbreak, was profitable and had good prospects for the future but had got into trouble because of the pandemic.
Categories: Business News

UK planning to reduce Huawei’s 5G role: Report

ET News - 4 hours 24 min ago
The British prime minister instructed officials to draw up plans under which China’s involvement in the country’s 5G infrastructure would be scaled down to zero by 2023, according to the newspaper.
Categories: Business News

'How do I get a printout?' New flying rules test some passengers' patience

Business Standard - 4 hours 32 min ago
India resumed commercial domestic flights on Monday after a gap of two months and the first day saw high cancellations and nervous passengers trying to adapt to the new normal of flying.
Categories: Business News

Over 500 flights take off, but states create plane confusion at airports

Business Standard - 4 hours 42 min ago
Maharashtra clears air, says short-term visitors exempt from isolation
Categories: Business News