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Petrol prices see the seventh consecutive hike, reach ₹75-mark in Delhi

Saturday marked the seventh straight surge in petrol price. There seems no halting the soaring prices of petrol and diesel in the country. While the price of petrol was lifted by 59......
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Swiggy announced to shut down its food delivery service “Scootsy”

The online food delivery business central, Swiggy, has announced to close its Scootsy business. The decision was made as the company has seen a surge in demand for curated food choices from......
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RBI reveals data on transactions through RTGS, NEFT, AePS, UPI, IMPS

The Reserve Bank of India has published the everyday settlement data of preferred payment systems for June 3 and June 4. The settlement data show the volume and significance of transactions undertaken......
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India, Australia Sign Logistics Pact at a virtual bilateral meet

India-Australia upraises bilateral ties for a far-reaching, inclusive partnership: Focusing on food partnership, expansion of mining business, and greater aviation connectivity the government of Australia has begun to implement a vision document......
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China threatens India to steer clear of the US-China cold war

Today, India stands at a very critical position. There's no doubt left that the nation's economy is at stake. There has been a series of events lately resulting in severe damages. The......
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India to witness the fourth recession since Independence

India's economy was already going through a bad phase and then we were all shook by a pandemic. The nation's economy is at stake, we are witnessing downfalls from every corner. And......
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Government cuts down the EPF contributions to 10% from the previous 12%

There comes yet another relief to the employers and employees afflicted due to nationwide lockdown, under PM's 20 lakh crore package for Atma Nirbhar Bharat. Reduction in EPF contributions ...
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IBC will not constitute the debts related to COVID-19 pandemic in the default category

Lately, this Sunday, the government announced that for one year, debts related to the COVID-19 pandemic will not be included in the default category under IBC (Insolvency and Bankruptcy Code). Further, it......
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MSMEs waiting for the green signal by govt to overtake Chinese consumer goods

Although 2020 may be a lost year in terms of trade, India can think long-term and build relations in order to occupy the space vacated by China. Vietnam can be an inspiration......
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Payments acknowledged through the wallet will be charged a 1% MDR fee, says Paytm

The extending lockdowns have disrupted the order and flow of nearly everything. Adversely affected sectors are commerce and e-commerce. Consequently, online payment volume has already plunged, and now Paytm's current change in......