Saturday , October 23 2021

BUSINESS

Center’s U-turn, e-commerce companies will not be able to sell things like mobile-fridge in lockdown

The central government has prohibited the sale of non-essential items by e-commerce companies through its platform during the lockdown period. Four days ago, e-commerce companies were allowed to sell mobile phones, refrigerators and readymade garments etc., but now this exemption has been withdrawn. The nationwide shutdown is in force until May 3. ...

Read More »

Economic slowdown due to Corona epidemic will be terrible from 2007-09, tough challenge for policy makers of developing economies

Regarding the economic crisis arising out of the Corona virus epidemic, the World Bank has said that estimates are likely to make it serious with the economic downturn of 2007-09. World Bank President David Malpas said during the annual summer meeting with the International Monetary Fund (IMF) that the economic crisis ...

Read More »

HDFC Bank’s fourth quarter net profit up by 15.4 percent to Rs 7,280 crore but will not pay dividend

Private sector HDFC Bank’s integrated net profit for the fourth quarter of 2019-20 increased by 15.4 per cent to Rs 7,280.22 crore. This led to a net profit of Rs 6,300.81 crore in the same quarter of the previous financial year. In a communication sent to the stock exchanges, the bank said ...

Read More »

Air India starts booking domestic flights from May 4, tickets for international routes from 1st June

Government airline Air India has started booking domestic flights from May 4 and international flights from June 1. The company said that it will operate domestic flights on select routes from May 4 after the second phase lockdown ends. The flights will be launched on international routes from 1 June. Private airline companies ...

Read More »

Incoming call facility on Airtel, Vodafone Idea, Jio even after not recharging, validity for prepaid customers extended till May 3

Telecom companies have extended the validity of prepaid subscribers till May 3, in view of the lockdown (bandh) implemented across the country to prevent the corona virus epidemic. Now even if prepaid consumers are unable to recharge, their connection will remain valid till May 3. Bharti Airtel said in a statement, “In ...

Read More »

COVID-19: India to provide additional relief, economic stimulus soon: Nirmala Sitharaman

New Delhi:Finance Minister Nirmala Sitharaman on Friday said India will soon announce fresh relief measures and economic stimulus to help the poor and industry fight the impact of the COVID-19 pandemic.Participating in the 101st meeting of the Development Committee Plenary of the World Bank through video conference, Sitharaman also assured ...

Read More »