21 Day Nationwide Lockdown

Centre working on scheme to reimburse pending dues to MSMEs with interest: Nitin Gadkari

The Centre is working on a scheme to reimburse pending payments with interest to micro, small and medium enterprises (MSMEs), Union Minister Nitin Gadkari said on Thursday

Coronavirus Outbreak: India’s GDP growth likely to range between decline of 0.9% and growth of 1.5% in FY21, says CII

India's GDP is likely to range between a decline of 0.9 percent and a growth of 1.5 percent in the current financial year, with the economy undergoing a "turbulent" phase caused by the coronavirus-induced lockdown, according to a report

Coronavirus Outbreak: Small business credit worth Rs 2.32 lakh cr at highest risk of default, warns CIBIL

Small business credit of Rs 2.32 lakh crore is at the highest risk of default, and micro enterprises having loan outstanding of less than Rs 10 lakh are the most vulnerable because of the COVID-19 pandemic, a credit information company said on Wednesday

Coronavirus Outbreak: Economy suffers 'unprecedented collapse' due to COVID-19, says survey

The coronavirus pandemic is having a "deep impact" on Indian businesses and has already caused an unprecedented collapse in economic activities over the last few weeks, says an industry survey released on Tuesday

NSE cautions trading members about Zoom video conferencing app, cyber threats

Leading stock exchange NSE has cautioned trading members about video conferencing app Zoom and cyber threats amid increased usage of the platform in the wake of nationwide lockdown to contain coronavirus pandemic

Coronavirus Outbreak: UPI transactions drop in March, RTGS shoots up due to lockdown

After constantly rising for the past several months, the volume, as well as value, of transactions through the UPI payment system dropped in March due to the 21-day nationwide lockdown imposed to combat the coronavirus infection

Coronavirus Outbreak: Consumer forum demands air ticket refunds on travel date basis

City-based consumer protection forum Mumbai Grahak Panchayat on Monday urged the civil aviation ministry to direct airlines to refund customers for the cancelled flights based on the date of travel and not as per the date of booking and has sought suitable modification in 16 April order on this issue

Coronavirus Outbreak: Mahindra Logistics to provide relief-fund to drivers impacted by lockdown

Mahindra Logistics has launched an initiative that has a provision for providing Rs 3,000 each to drivers impacted by the COVID-19 lockdown

Coronavirus Outbreak: Availability of components critical to restart manufacturing operations, say automakers

Major carmakers like Maruti Suzuki, Hyundai, Toyota and Honda have not yet resumed production at their factories stating that availability of components is a prerequisite to re-start operations at factories, which continue to remain inaccessible due to the nationwide lockdown

Coronavirus Outbreak: Oil PSUs to re-start over Rs 42,000 cr of projects as lockdown restrictions ease

State-owned oil firms will resume as many as 511 projects involving over Rs 42,000 crore of investment with immediate effect as the country partially exited from an unprecedented nationwide lockdown on Monday