The ongoing health crisis in the country, owing to the onslaught of Covid-19 pandemic, has spiked unemployment rate to a staggering 27.11%. The corona-driven lockdown, which was imposed on 24 March, brought India’s business activity in a halt, leaving 121.5 millions Indians jobless. As per the recent data published by the Centre for Monitoring of ...

The post pandemic markets will transform. Businesses models might have to change the way they run. This could also mean, that the whole method in which storage and warehousing has been functioning may also have to evolve. Indeed, India is betting on (big) warehousing and storage post pandemic. The whole process started in February. The ...

On 29 April, in an interview with NDTV on US’ Religious Freedom Watchdog Criticizes India over Violence against Minorities, Dr. Shashi Tharoor expressed severe concerns over the picture that has been projected in the 2020 report. Dr. Tharoor stated that to see India’s image under assault in the USCIRF report is somewhat disgracing; the religious ...

The Indian Diaspora that stays and earns in dollars is stuck in their homeland, since the lockdown was imposed on most of the Indian population. The NRI population that stays in the US is wishing to go back and appealing to PM Narendra Modi to open access to flights for their safe return. Most of ...

Chamarajanagar has been able to protect itself against the corona virus outbreak, at a time when its state of Karnataka was becoming a hotspot in the spread. It was surrounded by states that had cases multiplying by the numbers. But it could still keep itself clear off any contamination, from the time the first case ...

The Reserve Bank Of India’s (RBI) liquidity offer has given some level of solace the debt market, which is feeling tremendous recovery pressure, particularly in credit risk investments. On Monday, the RBI announced a Rs 50,000 crores Special Liquidity Facility Scheme. Since the lockdown announcement from the end of March, mutual fund investors bared a ...

Member of Parliament Rahul Gandhi strikes at the Government on Friday saying, suspension of Dearness Allowance (DA) and Dearness Relief (DR) is an inhuman and insensitive choice. The contribution of central government employees, soldiers, and pensioners has been exceptional in building our economy, he added. Suspending DA from around 1.14 crore government employees and pensioners, ...

Looking at the way most of India has adopted the Work From Home culture, hardware availability and maintenance is the next big challenge facing everyone. The Ministry of Electronics and IT (MeitY) is now urging the Home Ministry to allow sale of mobile phones, laptops, desktops, storage devices and other related products. This would mean ...

Maharashtra State, at present, is the worst-hit state in India with 5,652 coronavirus positive cases and 269 deaths reported. On April 22, around 778 confirmed cases were recorded in 24 hours. Maharashtra has requested authorization from ICMR to utilize plasma therapy for Covid-19 patients as it was found effective in Delhi. On April 4, a ...

On April 18, India curbed the Foreign direct investments (FDI) regulations to forestall acquisitions of Indian companies or opportunistic takeovers during the economic slowdown. The move was sharply criticized by China on April 20, stating that India’s new FDI rules are a violation of WTO rules and against the free trade norms. The Center revised ...