Search Results for: retail lending

Prosus contributes ₹100 crore for PM CARES Fund to fight coronavirus

Donations received by the PM CARES Fund are used to alleviate directly the suffering of those affected by the Covid-19 crisis and to aid the emergency response.

Apr 10, 2020

When air travel open up after lockdown is lifted

Coronavirus crisis: Here's how 25-million jobs might disappear in the global aviation industry

To help the aviation business lead the recovery when the pandemic is contained, Alexandre de Juniac, IATA's Director General and CEO says, "The 25-million people whose jobs are at risk by this crisis will depend on an efficient re-start of the industry. We must get on with this work quickly."

Apr 10, 2020

As delivery workers emerge as frontline soldiers, government warms to e-commerce

E-commerce is now limping back to life in India as the border closures, warehouse shutdowns and general confusion that initially accompanied the three-week shutdown order have eased.

Apr 9, 2020

Amid frenzy over hydroxychloroquine, Indian-American owned pharma firm pledges to donate 3.4 mn tablets

The tablets will be made available nationwide through Amneal's existing retail and wholesale customers, as well as through direct sales to larger institutions in need.

Apr 8, 2020

Eat it to beat it: Kolkata sweet shop makes Corona Sandesh to spread awareness. See pic

The Corona Sandesh and Corona Cake in the sweet shop, both shaped as the virus with its spikes, displayed alongside other sweets in the retail chain's outlets in the city.

Apr 7, 2020

Unemployment rate in India for March 2020

Lockdown impact on jobs: Unemployment rate in India at an all-time high of over 23%, worst in 43 months

As of today, the findings released by CMIE indicate a sharp rise in unemployment at over 23 percent. The unemployment rate in March was 8.7 per cent, which is the highest recorded in the last 43 months or since September 2016, post demonetization.

Apr 7, 2020

Muskurayega India song trends as Akshay Kumar, Ananya Pandey, Ayushmann and other stars come together to inspire amid coronavirus

'Muskurayega India' song was released today on the social media platforms by several stars such as Akshay Kumar, Ananya Pandey, Rajkumar Rao, Ayushmann Khuranna, Sidharth Malhotra, Kiara Advani and many more.

Apr 6, 2020

Sex workers in India suffer in silence amid coronavirus lockdown: No food, job or compensation

Religious and voluntary communities are stepping forward to offer help to the sex workers who are the worst hit due to the coronavirus lockdown.

Apr 4, 2020

RBI declares new money market trading hours inclusive of Forex from April 7 to 17

Owing to a decrease in market activity in light of the Covid-19 outbreak and nationwide lockdown, RBI has cut money market trading hours, with effect from April 7 to April 17.

Apr 3, 2020

BigBasket partners with Uber for last-mile delivery in Bengaluru, Noida, Hyderabad and Chandigarh

With coronavirus lockdown posing challenges to procure essentials, the e-commerce vendor BigBasket has partnered with Uber to facilitate last-mile delivery of necessities in Bengaluru, Noida, Hyderabad, and Chandigarh.

Apr 3, 2020

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Government steeply slashes interest rate for small saving schemes, PPF to give 7.1% return

It is to be noted that the interest rates were last revised in July 2019 excluding post office savings account by 10 bps.

Apr 1, 2020

PSB merger and Covid-19 impact on bank stocks: SBI and PNB dip up to 6%, Indian Bank up by 7.6%

Even as the Indian financial system is grappling with the after-effects of the Covid-19 pandemic, the RBI went ahead with planned PSU mergers from April 1.

Apr 1, 2020

Coronavirus lockdown may introduce a new system of governance, claim conspiracy theorists

Experts had recently warned that coronavirus lockdown could trigger serious mental health issues among young people

Mar 31, 2020

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ICICI Bank launches WhatsApp service to help customers amid lockdown

ICICI Bank has a WhatsApp number, which can help customers avail several banking services without having to step out of your homes during lockdown.

Mar 30, 2020

Humanoid robots are helping Tamil Nadu doctors fight coronavirus

A private software company in Tiruchirappalli has donated humanoid robots to a government hospital in the city for delivering medicines to patients at the Covid-19 isolation wards.