Shipra Singh | Page 8

The unemployment rate in March was 8.7 per cent, highest in 43 months said CMIE CEO

Moody's has downgraded outlook for Indian banking system to negative from stable in view of Covid-19 economic impact

About 55 per cent respondents to a survey conducted by LocalCircles said they were unable to find most essential goods via e-commerce apps

The decision has been taken keeping in view the challenges taxpayers must be facing in meeting the compliance requirements due to the countrywide lockdown

The government has classified hand sanitisers as essential goods to ensure adequate availability and capped their price to prevent black marketing

RIL has donated INR 5 crore each to state governments of Maharashtra and Gujarat along with setting up an exclusive Covid-19 hospital

Markets have corrected sharply during previous disease epidemics also, only to rebound in the next 6-8 months

Tata Trusts and Tata Sons have earmarked INR 500 crore and INR 1,000 crore, respectively towards procuring medical equipments, setting up treatment facilities and training health workers

RBI has not only cut its benchmark repo rate by 70 basis points but also slashed cash reserve ratio by 100 basis points

Opposed to prima facie benefits of the three-month loan moratorium announced by the RBI, finer details reveal its a costly proposition

Insurance regulator Irdai has directed insurance companies to expedite coronavirus related claim settlement

Due to surge in demand for essential goods, Amazon has prioritised available resources to serve only essential items while also ensuring safety of their delivery partners

The study shows that early intervention and strict adherence to social distancing can contain the number of cases and minimize burden on healthcare facilities

In a relief to micro, small and medium enterprises (MSMEs), threshold of default has been increased to INR 1 crore from INR 1 lakh to prevent insolvency proceedings

Through monetary donation and medical infrastructure support, Reliance Industries, Mahindra Group and Paytm, among others have come forward to aid the fight against coronavirus

The Alibaba foundation and Jack Ma foundation has already donated masks, testing kits and protective shields to US, Japan, Korea, Italy, Iran, among other countries

FMCG companies will reduce prices of select hygiene and personal care products by 15 per cent to help the common man amidst the coronavirus outbreak

Vijay Shekhar Sharma, founder and CEO of Paytm talks about three things business leaders should do to weather the coronavirus chaos and come back on a solid footing.

Just like the facility of cash withdrawal at POS terminals via cards, NPCI has now allowed users to collect cash from shop merchants using UPI

Economists say that rate cuts are unlikely to tackle the economic crisis led by coronavirus. The RBI must take bolder actions

Market going into a tailspin has left mutual funds investors feeling jittery about their investments

Among other changes, State Bank of India has rationalised a flat interest rate of 3% on all savings bank account irrespective of account balance

Due to crash in oil prices and energy stocks, Mukesh Ambani has lost the Asia's Richest Man title to Alibaba Group founder Jack Ma

Almost 57% tier 2 cities residents think that their savings will exhaust within 1 year in case of bread winner's death

Just being able to earn is not enough to be truly empowered if women don't manage their money and make it work for them

Women own less than 4 per cent of the total enterprises in India and are also the worst hit in the ongoing country's unemployment crisis, shows a joint report by Bain & Company and Google

Travel insurance cover flight cancellation but be wary of exclusions

Though a welcome move, the supreme court's judgment to squash RBI's curb on cryptocurrency transactions through banks does not solve the core problems ailing the industry, say experts

The beta version of OPPO Kash app will offer screen insurance, loans, free credit report and mutual fund investments

A joint report by Bain & Company and Google emphasizes that fostering women entrepreneurship can help generate employment for up to 170 million or 17 crore people by 2030