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BusinessToday.In
New Delhi, October 21, 2020
E-commerce festive push for small businesses as Amazon, Flipkart focus on Bharat; 'Return to normalcy' as EPFO adds 10.06 lakh net subscribers in August; UBS gives extra week's pay to lower-ranking employees amid COVID-19 pandemic. Watch this and more news on News Blast.


BusinessToday.In
October 21, 2020
India has 29,000 storage points, 83,000 deep freezers, 736 district stores and 258 cold rooms to store vaccines, but they have to be scaled up further for India to vaccinate all its people


Rashi Bisaria
New Delhi, October 21, 2020
COVID-19 impact: Private hospitals' operating profit to decline 35-40% in FY21Private hospitals in India are in a tight spot. A triple whammy of postponement in elective surgeries, revenue loss from highly profitable medical tourism segment, and increasing costs will lead to 35-40 per cent drop in operating profits of private hospitals this fiscal, reveals a CRISIL report. The rating agency has also downgraded credit outlook of private hospitals to moderately negative amidst cash flow challe...


BusinessToday.In
October 21, 2020
India Stock Market Highlights Today: IndusInd Bank, followed by HDFC, Tata Steel, ICICI Bank, Axis Bank, SBI, Titan, Kotak Bank and Reliance Industries were among the top gainers today. On the other hand, Nestle India, HUL and TCS were among the laggards


Reuters
October 21, 2020
The development comes less than three weeks after the world's largest online retailer said more than 19,000 of its U.S. frontline workers contracted the coronavirus this year


Mudit Kapoor | Mohsin Shaikh
October 20, 2020
In terms of per capita GDP, citizens of Bangladesh are likely to be richer than Indians in 2020, as well as five years later as per IMF projections


BusinessToday.In
October 20, 2020
After a shaky first quarter, the negative impact of the pandemic is now dissipating as EPFO subscriber base increased by around 20 lakh during the first five months of the current fiscal


Naveen Kumar
October 20, 2020
The new age options like gold ETF, gold mutual fund and digital gold allow you to get the benefit of gold investment without actually buying the physical gold. As investors make gains in these investments, they become liable to pay income tax on their gains


BusinessToday.In
October 20, 2020
The deadline for filing income tax returns (ITR) for financial year 2018-19 has been extended by two months till November 30


BusinessToday.In
October 20, 2020
On the financial front, Equitas Small Finance Bank's net profit increased to Rs 243 crore in FY20, from Rs 210 crore in FY19, while its net income rose to 1,777 crores in FY20


BusinessToday.In
October 20, 2020
Ambani says his father Dhirubhai Ambani was the son of a schoolteacher, who came to Mumbai to live the Indian dream in 1960. Dhirubhai came to the city with Rs 1,000 and a belief that if people invest in businesses of future and right talent, they can create their Indian dream, says RIL Chairman


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


BusinessToday.In
October 19, 2020
Swift Limited will be priced Rs 24,000 more than regular Maruti Swift, which sells at Rs 5.19 lakh-Rs 8.02 lakh (ex-showroom Delhi); base model of new Swift Limited will be priced Rs 5,43,990, which will go up to Rs 8,26,990 for top variant


BusinessToday.In
October 19, 2020
Share of HDFC Bank rose 2.49% to an intraday high of Rs 1228.8 against previous close of Rs 1199 on BSE


BusinessToday.In
October 19, 2020
India Stock Market Highlights Today: ONGC, followed by NTPC, HDFC, Axis Bank, ICICI Bank, PowerGrid and Nestle India were among the top gainer on Sensex pack. On the other hand, TCS, Tech Mahindra, Infosys and Sun Pharma were among the laggards.


Reuters
October 19, 2020
The world's second-largest economy likely grew 5.2% in July-September from a year earlier, faster than the second quarter's 3.2%


BusinessToday.In
October 18, 2020
The budget phones would be priced around Rs 7,000-Rs 15,000. The Micromax phones are likely to be launched in the first week of November


BusinessToday.In
New Delhi, October 17, 2020
In a major respite to American aerospace company Boeing, Europe's top aviation regulator has declared its 737 MAX aircraft safe enough to return to skies; The 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; India could potentially scale up coronavirus testing ten-fold, said Biocon founder and Chairman Kiran Mazumdar-Shaw. Watch this and more on News Blast.Also Read: India to review COVID-19 treatment protocol after WHO report on remdesivir, HCQ


Anwesha Madhukalya
October 17, 2020
Subramanian said GDP per capita is only an 'estimate' for one 'indicator' of the average standard of living in a country. He said that there are many other indicators that must be taken into account to grasp the bigger picture


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...


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