After it announced a 3-month moratorium during the early phases of the lockdown Reserve Bank of India (RBI) extended it on Friday. RBI Governor Shaktikanta Das held a press conference on Friday where important policy measures were announced. What comes as a relief for sure was the moratorium on EMIs and term loan payments. Earlier the...
India’s Pizza giant Domino’s has added a new extension to the range of their service. At a time when gathering essentials is more important for people, the pizza chain has started to bring that home. Yes, like your cheesy Pizzas the food chain is also delivering your grocery order at your doorsteps. Domino’s has adopted...
People have so much time in their hands due to the ongoing pandemic and Indians are no exception. So what they do? Down-vote TikTok just because, firstly, they don’t like the app and secondly, they believe it is the best way to take revenge from TikTokers after Carry Minati’s TikTok Vs YouTube video was deleted...
The firing thing is now normal in pandemic times. Just a day after news of Zomato firing 500 plus employees came its competitor Swiggy has joined the league. The popular food delivery app would lay off around 1,100 employees to stay afloat during these tough market situations. Swiggy’s co-founder and CEO Sriharsha Majety made it...
Work from home has been the norm globally with firms like Google, Facebook, and Twitter extending it for long. India too has been vocal for this for industries like BPO, IT and ITeS. While the IT Ministry eased the norms for such companies to work from home till 31st July, the Ministry of Home Affairs...
Chinese smartphone manufacturer OPPO‘s factory in Uttar Pradesh’s Greater Noida was shut on Sunday. This came after 6 of the company employees tested positive for novel coronavirus. The factory began operation with 33% of staff from the 8th of May. The company has now sent around 3,000 employees of the factory for screening. The factory...
When companies across the world are cutting the salaries of their employees and even firing them, Asian Paints, setting an example, has decided to raise the salaries of its employees. The move is laudable because like every other business, Asian Paints is also making losses yet still is doing something like this. As per Asian...
Firing has become new normal these days for firms to manage finances amidst the pandemic triggered slowdown. And joining the list is Zomato who has decided to fire 13% of its employees. The popular food delivery app has taken this decision to stay afloat in this time of crisis. The company would release around 520...
Finance minister Nirmala Sitharaman yesterday came out with her 2nd round of announcements from the 20 lakh crore package. From MSMEs on Wednesday, the focus was on migrants, poor, and middle class on Thursday. Some big announcements were seen yesterday. This ranged from One Nation One Ration Card to Credit Card for poors. Here are...
India announced a mega economic package to bring the wheel of economy back on track yesterday. Prime Minister (PM) Narendra Modi said that the package would be around 10% of the GDP. The whooping 20 lakh crore package is not a unique step by India amidst pandemic. However it is one of the substantial packages...
To allow more cash-in-hand of people so they could spend more, the government yesterday decided to reduce the employers’ and workers’ contribution to EPF. The revised percentage will be liable for three months. This will amount to liquidity support of Rs 6,750 crores and was one of the many steps announced to revive the economy...
The Finance minister Nirmala Sitharaman rolled out the 20 lakh crore economic package as announced by PM Modi. The finance minister said that the idea of the package is to spur growth. She also said that the idea is to make ‘Atmanirbhar Bharat’ that is self-reliant India. Also Read: Babies Among 16 Killed In Kabul...
