Industries Jobs Market

Q1 2020 : Exports fall drastically by 25.42% says Union Minister Piyush

India’s overall export (merchandise plus services) has declined by 25.42% during the period April-June, 2020 as compared to the corresponding period of the previous year, the ministry of commerce and industry said in a statement on Wednesday.   “The quick estimate of the Index of Industrial Production (IIP), released by the Ministry of Statistics and Read More…

Jobs Market Parliament

Opposition slammed BJP government over rise in unemployment and deaths of migrants

The Congress last week took up the Asian Development Bank (ADB) and International Labour Organisation (ILO) report, which has estimated that the unemployment rate in the country is likely to be at 32.5 per cent in case the spread of coronavirus is contained within six months of the start of rigorous containment measures. [splco_spacer] Further, Read More…

Banks Indian Subcontinent Market

Centre stagger under anxiety over Conversion of GST dues as loans to Union States

In the 41st GST Council meeting last month, the Centre had proposed two options, so that a mechanism could be put in place as an exception this year, as Covid-19 disruptions and lower revenue collections have made it difficult for the Centre to meet its obligation on Goods and Services Tax (GST) compensation to states. Read More…

Companies Gadgets Market Technology

Much anticipated Android 11 rolled out

Android 11 will begin rolling out on select Pixel, OnePlus, Xiaomi, OPPO, and Realme phones, with more partners launching and upgrading devices over the coming months. With a focus on managing your conversations and privacy, Google on Tuesday rolled out the much anticipated Android 11 that comes with features like location privacy for employees, built-in Read More…

Banks Companies Indian Subcontinent Market Technology

Tech payment firm Razorpay proposes AI based Credit solution for Indian MSMEs woes

Financial technology company Razorpay has started going deeper into the Indian financial services market.   Founded by IIT Roorkee alumni, Shashank Kumar and Harshil Mathur, Razorpay provides technology payment solutions to over 1 million businesses.   “A number of businesses now have been facing weeks, if not months, of revenue loss due to insufficient funds Read More…

Companies Gadgets Market Technology

Singapore giant glowing orb is the world’s first floating Apple Store

Apple’s worldwide retail network may be struggling during the coronavirus pandemic, but that hasn’t stopped the company from indulging in its penchant for pricey-looking, unique, and outlandish exterior design.   The iPhone maker’s newest retail location, located in Singapore on the city-state’s waterfront and known officially as Apple Marina Bay Sands, can claim a world’s Read More…

Banks Companies Indian Subcontinent Industries Jobs Market Opinion

Former RBI Governor Raghuram Rajan warns India’s drastic GDP fall

A week after India reported a significant contraction in its GDP during the April-June quarter of 2020-21 fiscal, former Reserve Bank Governor and noted economist Raghuram Rajan has said that the negative GDP growth numbers should alarm everyone.   Emphasising on the importance of government relief or support in the given scenario, he pointed out Read More…

Corona Virus Jobs Market National Opinion

22 State Respondents voted Indian economy fall is more dangerous than COVID-19

A survey conducted by the Centre for Public Policy Research states Nine out of ten respondents said COVID-19’s threat to the economy was highly severe.   This survey, which was conducted before India’s quarterly GDP was released, found that eight out ten respondents believed that the economy would remain affected for more than nine months, Read More…