India has a comfortable foreign exchange reserves of $487 billion currently.
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.
Businesses must focus on security which is intelligent, automated and built into everything: Alok Ohrie, Dell
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.
He said these cos will perish in the ongoing ‘Historic Detoxification Drive’ of India Inc.
Data showed the domestic equity market gave up half the gains that it had amassed.
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.
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.
While acknowledging that choices are not easy for policy makers, he said a lockdown extension will not help.
The first of a five-part series captures the restlessness of workers in Haryana's industrial clusters struggling to restart operations
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.
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.
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.
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.
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.
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.
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.
Maharashtra clears air, says short-term visitors exempt from isolation