New Delhi, April 1 (SocialNews.XYZ) A week into the nationwide lockdown and online delivery platforms like Bigbasket and Grofers are still suffering from operational issues along with lack of manpower to even fulfill the orders…
New Delhi, April 1 (SocialNews.XYZ) The Reserve Bank of India has announced new measures to ease the compliance burden on sectors of the Indian economy most affected by the coronavirus scare. Accordingly, it has extended…
New Delhi, April 1 (SocialNews.XYZ) The government has postponed strategic disinvestment process of country’s second biggest oil refiner and retailer Bharat Petroleum Corporation (BPCL) by over a month in wake of prevailing situation arising out…
Mumbai, April 1 (SocialNews.XYZ) Stock markets tumbled on Wednesday with the BSE Sensex falling over 1,100 points. The Nifty50 on the National Stock Exchange (NSE) also plummeted around 300 points to trade well below the…
New Delhi, April 1 (SocialNews.XYZ) The aviation industry that is going through a tough phase amid the coronavirus crisis, is likely to register a net loss of $39 billion during April-June 2020, according to a…
New Delhi, April 1 (SocialNews.XYZ) Former Union Finance Minister P. Chidambaram has slammed the government for reducing the interest rates om small savings and PPF and said it may be “technically correct but it’s wrong…
Mumbai, April 1 (SocialNews.XYZ) The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a negative note during the morning session of the trade. The Sensex of the BSE opened at 29,505.33 points and touched a…
New York, April 1 (SocialNews.XYZ) US stocks finished lower in choppy trading amid the fast spread of COVID-19 in the United States. On Tuesday, the Dow Jones Industrial Average fell 410.32 points, or 1.84 per…
New Delhi, April 1 (SocialNews.XYZ) India’s Foreign Trade Policy (FTP) 2015-20 has been extended for one year. Accordingly, the Union Commerce and Industry Ministry in a statement on Tuesday night said: “In view of the…
New Delhi, April 1 (SocialNews.XYZ) Healthy production of electricity and refinery products pushed the output pace of India’s eight major industries to an 11-month high of 5.5 per cent in February from a revised rise…
New Delhi, March 31 (SocialNews.XYZ) In a move to encourage contributions for the fight against the coronavirus pandemic, the government has decided to make all donations towards the PM-CARES Fund eligible for 100 per cent…
Hong Kong, March 31 (SocialNews.XYZ) Chinese conglomerate Xiaomi on Tuesday announced that its total revenue for 2019 exceeded 200 billion Chinese Yuan for the first time, reaching 205.8 billion Chinese Yuan, up 17.7 per cent…
New Delhi, March 31 (SocialNews.XYZ) The government on Tuesday steeply cut interest rates on various small savings schemes in line with sharp cut in policy rates announced by the Reserve Bank of India on Friday…
New Delhi, March 31 (SocialNews.XYZ) Vodafone Idea on Tuesday announced extension of the validity of prepaid plans for 10 crore subscriber low-income feature phone users till April 17 in view of the coronavirus crisis and…
Shenzhen, March 31 (SocialNews.XYZ) Chinese telecom giant Huawei here on Tuesday said its profit in 2019 reached 62.7 billion yuan, ($8.9 billion), an increase of 5.6 per cent over 2018. It’s also its weakest profit…
New Delhi, March 31 (SocialNews.XYZ) The Union Government plans to borrow Rs 4.88 lakh crore in the first half of the financial year 2020-21. The borrowing during April-September would be 62.56 per cent of the…
Mumbai, March 31 (SocialNews.XYZ) Reliance Jio has come up with several relief measures for JioPhone users with 100 minutes of free call and 100 free SMS till April 17 among other relaxations. Further, all JioPhone…
New Delhi, March 31 (SocialNews.XYZ) Retailers have incurred around $30 billion losses in the past 15 days due to the lockdown announced by the government to contain Covid-19 spread, according to the Confederation of All…
New Delhi, March 31 (SocialNews.XYZ) The government has extended the validity of all lower withholding tax orders, secured by assessees, by three months till June 30 to mitigate the hardship caused by Covid-19-related disruptions. In…
New Delhi, March 31 (SocialNews.XYZ) The output pace of India’s eight major industries accelerated in February 2020 by 5.5 per cent from a rise of 1.4 per cent reported in January 2020. This was the…