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BusinessToday.In
October 19, 2020
Catch top stories from the world of business and economy with BusinessToday.In's Biz EOD report


Sumant Banerji
October 19, 2020
Local manufacturers to crank up alloy wheel capacity to tap a thriving market; of the annual requirement of 26 million alloy wheels in India, almost 46 per cent was imported mostly from China in FY20 due to lack of domestic supply


Rashi Bisaria
New Delhi, October 19, 2020
Reliance Jio plans to sells 5G smartphones at Rs 2,500-3,000Reliance Jio is planning to launch a 5G smartphone for less than Rs 5,000 and gradually reduce the price to Rs 2,500-3,000 a unit when it scales up the operation, according to a company official. The company will target 20-30 crore mobile phone users who use 2G connection at present.Coronavirus impact: Passenger vehicle exports dip 57.52% in Apr-SepPassenger vehicle exports bore the brunt of the pandemic in April-September period....


PTI
October 18, 2020
Amazon's 'Great Indian Festival' started on October 17 and will go on for about a month to coincide with the festive season. Amazon Prime members were provided early access to the sale from October 16


BusinessToday.In
October 18, 2020
COVID-19 impact: SIAM Director General Rajesh Menon said that this dip can be largely attributed to the COVID-19 related disruptions that led to the closure of plants and dealerships


BusinessToday.In
October 18, 2020
Coronavirus vaccine: Meanwhile, the Drug Control General of India (DCGI) on Saturday approved Dr Reddy's proposal to conduct clinical trials for Sputnik V in India


BusinessToday.In
New Delhi, October 17, 2020
COVID-19 led to largest global economic contraction in 80 years: World Bank, IMFThe World Bank and the International Monetary Fund said the global economic contraction caused by the ongoing coronavirus pandemic is the largest in the last eight decades, raising the world poverty rate, exacerbating inequalities and damaging long-term economic growth prospects. The WB and IMF concluded their annual meeting here on Friday, which heavily revolved around the impact of COVID-19.India gained over a...


Nidhi Singal
October 16, 2020
Amending the policy, Director General of Foreign Trade has revised the existing policy from free to prohibited. The move has been welcomed by the domestic as well as international players having operations in India


PB Jayakumar
October 16, 2020
India may get COVID-19 vaccine by March 2021 provided the regulators signal with the processes fast as multiple manufacturers are working on it, and already two are in phase-3 trial and one in the phase-2 trial


Reuters
October 16, 2020
The Competition Commission of India (CCI) last year ordered a probe after the northern state of Haryana said JK Tyre employed unfair trade practices while bidding to supply tyres for public transport vehicles, a court filing showed


Sumant Banerji
October 16, 2020
While not a lot should be read into the September wholesale figures, it does indicate that supply side constraints on production due to the coronavirus induced lockdown in April and May that had hampered the industry in the first quarter have subsided


BusinessToday.In
October 16, 2020
Split system and others ACs with refrigerants have been moved from \"free\" to \"prohibited\" category; the move will provide a boost to domestic AC manufacturing industry


PTI
October 16, 2020
Chairing a review meeting of the research and vaccine deployment ecosystem against the pandemic, the prime minister underscored the need for continuous and rigorous scientific testing and validation of traditional medicine treatments


Manu Kaushik
October 15, 2020
The debate around 5G is getting louder. But before jumping to any conclusion whether India needs 5G or not, it's important to assess its pros and cons


Nidhi Singal
October 15, 2020
With a large percentage of India's corporate employees working remotely and almost all students pursuing their studies online in the wake of the pandemic, demand for home-office furniture such as study tables, office chairs, laptop tables, and others, has almost tripled


BusinessToday.In
October 15, 2020
Apollo Hospitals Group Executive Vice-Chairperson Shobana Kamineni said that the group will work with the government in tandem to ensure that maximum number of people gets the coronavirus vaccine safe and fast


Rashi Bisaria
New Delhi, October 15, 2020
COVID-19 vaccine: Bharat Biotech fast-tracks Covaxin's trials, halves Phase 2 test sizeAs part of its effort to fast-track COVID-19 vaccine development, Hyderabad-based Bharat Biotech has cut the size of Phase 2 clinical trials of its indigenous coronavirus vaccine Covaxin by half. The vaccine, which Bharat Biotech is developing in collaboration with the country's apex medical research body - Indian Council of Medical Research (ICMR), will now be tested on 380 healthy volunteers in phase 2 a...


PTI
October 14, 2020
A total of 41,80,945 bicycles have been sold in the country in the five months from May to September 2020, according to the All India Bicycle Manufacturers Association


Rashi Bisaria
New Delhi, October 14, 2020
COVID-19 impact: Indian economy to shrink 10.3% in FY21, says IMFIndian economy will contract 10.3 per cent in the financial year 2020-21 as the country gradually climbs out of the coronavirus-induced lockdown, said the International Monetary Fund in its Wold Economic Outlook report released on Tuesday. This projection is substantially lower than the 4.5 per cent de-growth predicted by the internatonal financial instutution back in June, indicating challenges to economic growth as the pandem...


Nidhi Singal
October 13, 2020
The entry-level 13-inch Wacom One pen display has been designed for the new generation of creators, and can be used by the budding artists for digital media work


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