More From Economy
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IRCTC Special Train: 1.4 lakh tickets booked 73 trains within 2 hrs of opening, says Railways
May 21, 2020 13:22 ISTIndian Railways has said that 149025 tickets having 290510 passengers have been booked for the IRCTC special trains that were made available for online booking from 10:00 AM today.
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Nissan introduces online booking process amid coronavirus pandemic
May 21, 2020 13:11 ISTAutomaker Nissan India on Thursday said it has launched a new digital initiative enabling customers to book and buy vehicles online amid coronavirus pandemic. The company's SUV Kicks and entire Datsun range can now be booked online.
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Aviation stocks surge ahead of resumption of domestic flights on Monday
May 21, 2020 11:56 ISTAviation stocks on Thursday rallied up to 10 per cent in opening trade after the government announced that domestic passenger flight services will resume from May 25 in a calibrated manner.
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IRCTC Online Ticket Booking: Indian Railways' guidelines for passengers travelling on special trains
May 21, 2020 10:28 ISTIndian Railways starts online booking for the 200 (100 pairs) special trains from 10.00 am today. Railway Ministry on Wednesday issued a list of trains that will operate from June 1. Indian Railways also issued guidelines which the passengers travelling in these trains should keep in mind. Check how to book trains ticket online through the IRCTC app and website.
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Sensex jumps over 150 points in opening trade; Nifty tops 9,100
May 21, 2020 10:26 ISTIn the previous session, the BSE barometer climbed 622.44 points or 2.06 per cent to settle at 30,818.61, while the broader Nifty rose 187.45 points, or 2.11 cent, to 9,066.55.
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IRCTC Special Trains: Online booking for 200 trains begins today | Full List
May 21, 2020 11:31 ISTIRCTC Special Trains Ticket Booking: Indian Railways has announced that set of 200 IRCTC special trains operate from June 1. Among those 200 trains, the list consists of popular trains such as Durontos, Sampark Krantis, Jan Shatabdi and Poorva Express with non-AC coaches as well will also operate. Online booking for the second set of trains begins today at 10 am.
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Ujjivan Small Finance Bank rallies 4 pc post Q4 earnings
May 20, 2020 21:55 ISTShares of Ujjivan Small Finance Bank settled with 4 per cent gains on Wednesday after the company reported a 15 per cent rise in net profit for the fourth quarter ended March 2020.
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Exporters gradually getting order enquiries from US, Europe
May 20, 2020 20:54 ISTWith exporters starting operating their manufacturing units with limited workforce, they are gradually getting enquiries from various countries such as the US, France, and Spain for products such as apparel, leather and engineering, amid lockdown on account of the COVID-19 pandemic.
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Visa allows most employees to work from home through 2020
May 20, 2020 20:49 ISTVisa Inc. has allowed the majority of its 20,000 employees to work from home for the rest of the year in light of safety concerns due to COVID-19, the global payments network's CEO Alfred Kelly Jr. has said.
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Lockdown: Ola, Uber cab drivers struggle amid low demand, extra operating cost
May 20, 2020 20:23 ISTOla and Uber cabs may be back on road but their drivers, resuming work after 50 days of the lockdown, are not a happy lot as business is low and they have to shell out additional cost of sanitisers and disinfectants.
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L&T Infotech shares surge nearly 7 pc after Q4 results
May 20, 2020 17:44 ISTShares of L&T Infotech rallied nearly 7 per cent on Wednesday after the firm reported a 12.9 per cent growth in consolidated net profit for March quarter.
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Market Wrap: Sensex surges 622 pts; HDFC, Tata Steel, Bajaj Finance among top gainers
May 20, 2020 16:38 ISTEquity benchmark Sensex rallied 622 points on Wednesday, propelled by gains in index-heavyweights HDFC twins and Reliance Industries despite weak cues from global markets.
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Bike taxi booking app Rapido resumes operations in 39 cities
May 20, 2020 14:31 ISTBike-taxi service provider Rapido on Wednesday said it has resumed normal operations in 39 cities across 11 states, following the new guidelines announced by the government for lockdown 4.0.
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Ola to layoff 1,400 employees as COVID-19 pandemic hits revenues
May 20, 2020 14:11 ISTCab aggregator Ola is laying off 1,400 staff from rides, financial services and food business as revenues declined by 95 per cent in the last two months due to coronavirus pandemic, a note by CEO Bhavish Aggarwal said.
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India tablet shipments decline 24 pc in Q1, stares at 10 pc drop in June quarter
May 20, 2020 12:44 ISTSamsung has not launched any new tablets this year and needs to launch new models with new good features to regain market share. iBall regained the third position with 11 per cent market share. However, its overall sale declined by 26 per cent.
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Hail a ride now! Ola resumes services in over 160 cities, Uber arrives in 34
May 20, 2020 12:25 ISTRide-hailing platforms Ola and Uber on Monday announced resuming operations in more cities, including Delhi and Bengaluru, following new guidelines for the fourth phase of the lockdown. Ola said it has resumed normal ride operations in more than 160 cities with enhanced safety protocols applicable to every trip as per the state governments guidelines.
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Facebook Shops now open for small businesses, coming on Instagram soon
May 20, 2020 11:50 ISTIn a bid to help struggling small businesses in Covid-19 times, Facebook has introduced Shops to help set up a single online store for customers to access on both Facebook and Instagram.
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Sensex surges over 300 points in opening trade; Nifty tests 8,950
May 20, 2020 10:04 ISTIn the previous session, the BSE barometer settled 167.19 points or 0.56 per cent higher at 30,196.17, while the broader Nifty advanced 55.85 points or 0.63 per cent to end at 8,879.10.
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US includes Huawei India in its export control Entity List
May 20, 2020 7:49 ISTThe US on Tuesday included the India unit of Huawei along with its other foreign subsidiaries in its Entity List, as part of efforts to prevent the Chinese telecom company from doing business in America.
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Employees' PF contribution can go higher than 10%, not of employers: Labour ministry
May 19, 2020 23:28 ISTThe labour ministry on Tuesday said employees can contribute more than the newly set limit of 10 per cent of basic wages to their provident fund (PF) for the next three months, but employers don't need to match the higher contribution.
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Senior citizens to get high rate for longer tenor deposits: HDFC Bank
May 19, 2020 22:43 ISTPrivate sector lender HDFC Bank on Tuesday said it is increasing additional interest paid to senior citizens by 0.25 percentage point if they are willing to make a longer tenor deposit.
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E-commerce players see strong demand for non-essential goods from red zones
May 19, 2020 22:30 ISTAfter more than 50 days, e-commerce companies like Flipkart, Amazon and Snapdeal were allowed to ship all items across the country (except containment zones).
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Sebi allows mutual funds to make additional investment in govt bonds
May 19, 2020 22:15 ISTMarkets regulator Sebi has permitted mutual funds to make additional investment in government securities and treasury bills for corporate bond, banking and public sector undertaking, and credit risk funds, industry sources said.
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Bajaj Finance Q4 profit slips 19 per cent to Rs 948 crore
May 19, 2020 21:01 ISTBajaj Finance on Tuesday reported 19 per cent decline in March quarter consolidated net profit at Rs 948 crore due to COVID-19 crisis. The company had registered a profit of Rs 1,176 crore in January-March 2018-19, according to a company statement.
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Snapdeal resumes pan-India deliveries, only platform to offer CoD in all zones
May 19, 2020 19:55 ISTEcommerce platform Snapdeal on Tuesday resumed full services pan-India, covering over 26,000 pincodes, including those in the containment zones it used to serve pre-lockdown. The company also said it will be giving the cash-on-delivery options.
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Rupee gains 25 paise to 75.66 against dollar on optimism over COVID-19 vaccine
May 19, 2020 17:54 ISTThe rupee appreciated by 25 paise to settle at 75.66 against the US dollar on Tuesday as reports of initial success in COVID-19 vaccine trials boosted investor sentiment world over.
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Govt extends deadline to fulfill contractual obligations by up to 6 months
May 19, 2020 17:22 ISTThe Finance Ministry has extended the deadline for fulfillment of contractual obligations of all government projects, including public-private partnerships (PPP), which were due for completion on or after February 20, by up to six months in view of COVID-19 crisis.
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Sensex rises 167 points; Bharti Airtel soars 11 per cent
May 19, 2020 17:55 ISTEquity benchmark Sensex rose over 167 points on Tuesday led by gains in Bharti Airtel, HDFC and ITC amid positive cues from other Asian markets.After rallying over 700 points in a volatile session, the 30-share index finished 167.19 points or 0.56 per cent higher at 30,196.17.
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Indian Army denies reports of Chinese encroachment in Arunachal, calls them 'incorrect'
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‘Matter of time’: Ambati Rayudu opens up on star batter’s potential inclusion in India squad
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'Tried to talk him down': Brendon McCullum reveals his reaction to Stokes' international retirement
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SBI wanted to replace Ram Temple cash-counting staff months before donation theft emerged: Sources
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Bengaluru auto driver explains how he uses ChatGPT every day. OpenAI responds with a fun reply
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Office AC stopped working. What a group of Gen Z employees did next has the internet talking
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Milk tanker overturns in Rajasthan; people rush with buckets and bottles
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Why a sugarcane juice vendor's 'with ice' and 'without ice' pricing impressed a startup founder
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Content creator applies tilak to strangers in Rishikesh. Here's how much he earned in 3 hours