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Business & Economy

India smartphone market stares at minimum 12% shipment decline this year

May 7, 2020 New Delhi: As smartphone brands face a state of uncertainty as both supply and demand has been diminished in India, the industry will bear the maximum brunt in the second quarter (April-June…

Business & Economy

COVID-19: In-situ construction bring hopes back for workers in Delhi

May 6, 2020 New Delhi:With relaxation extended for on-site construction, the stranded migrant labourers in the national capital have started to gradually see some light after over 40 days of nationwide lockdown forced them out…

Hiring activity dips 62% in April in India: Naukri.com

May 6, 2020 New Delhi: Hit by COVID-19 pandemic and nationwide lockdown, India saw a 62 per cent decline in job hiring in the month of April, led by hotel/restaurant/travel/airlines industries that saw a massive…

Business & Economy

Global retail stares at $2.1 trillion loss, to take 4 years to revive

May 5, 2020 New Delhi: With the COVID-10 pandemic ravaging several industries amid poor consumer spending, global retail sales in 2020 will decline by an average of 9.6 per cent, resulting in a loss of…

Business & Economy

Telecom sector enabling 35% of India’s GDP in COVID-19 times

May 3, 2020 Gurugram: As the telecom players ensured their networks were up and running to meet the unprecedented surge in demand during lockdown times, the sector is currently enabling 30-35 per cent of the…

RIL Board approves Rights Issue of up to Rs 53,125 cr, first in three decades

April, 2020 Mumbai: The Board of Reliance Industries Ltd (RIL) on Thursday approved a Rights Issue of up to Rs 53,125 crore at Rs 1,257 per share. In a regulatory filing, RIL said: “At its…

Opportunity for India in global economy, Rajan tells Rahul

April 30, 2020 New Delhi: In first of the video series started by former Congress president Rahul Gandhi, former RBI governor Raghuram Rajan said that India has an opportunity in shaping the dialogue in global…

Business & Economy

India should ease lockdown from May 3, be fully operational by June end: Shaw

April 28, 2020 New Delhi, April 28 (IANS) Kiran Mazumdar Shaw, Executive Chairperson of Biocon, feels that India should start opening its lockdown from May 3 and become fully operational by end of June. In…

Business & Economy

Banks technically write off over Rs 68K cr loans, Choksi among 50 top wilful

April 28, 2020 Mumbai: Indian banks have technically written off a staggering amount of Rs 68,607 crore due from 50 top wilful defaulters, including absconding diamantaire Mehul Choksi, according to a reply under RTI from…

HP to expand India manufacturing to address surge in PC demand

April 27, 2020 Gurugram: In another fillip to Make in India in the tough COVID-19 times, PC and printing major HP Inc on Monday announced it is expanding its manufacturing footprint in India with setting…

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