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Life Insurance Council announced Force Majeure will not apply for Covid-19 death claims: What it means

Life Insurance Council announced that life insurance companies in India will not decline Covid-19 death claims and the clause of 'Force Majeure' will not apply. All life insurance companies have communicated to the policyholders individually in this regard.

Apr 6, 2020

Japanese Giant To Back Kudroli World By Investing USD 43 Million With A 30% Stake In It Inbox

when this deal is officially announced, it would be interesting to see what new Kudroli World will bring to the table for the consumers.

Apr 5, 2020

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RBI declares new money market trading hours inclusive of Forex from April 7 to 17

Owing to a decrease in market activity in light of the Covid-19 outbreak and nationwide lockdown, RBI has cut money market trading hours, with effect from April 7 to April 17.

Apr 3, 2020

Ministry of Civil Aviation Secretary Pradeep Singh Kharola

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Post lockdown, Indian aviation sector to take a phased approach of opening up travel gates

Post the nationwide lockdown is lifted on April 14, the top 10 airports of India will be made operational first and the International travel will open up last.

Apr 3, 2020

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BigBasket partners with Uber for last-mile delivery in Bengaluru, Noida, Hyderabad and Chandigarh

With coronavirus lockdown posing challenges to procure essentials, the e-commerce vendor BigBasket has partnered with Uber to facilitate last-mile delivery of necessities in Bengaluru, Noida, Hyderabad, and Chandigarh.

Apr 3, 2020

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Respite on EMI payments: Here's how deferring your installment re-payment will cost you dearly

Deferment in paying the EMI installments for the coming three months will put up an additional burden on the total loan amount.

Apr 1, 2020

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PSB merger and Covid-19 impact on bank stocks: SBI and PNB dip up to 6%, Indian Bank up by 7.6%

Even as the Indian financial system is grappling with the after-effects of the Covid-19 pandemic, the RBI went ahead with planned PSU mergers from April 1.

Apr 1, 2020

D-Street buzz: Sensex climbs 700 points, Nifty above 8,500-mark; Infosys, ONGC top gainers

The Sensex was above the 29,000 mark while Nifty50 on the National Stock Exchange was around the 8,500 level.

Mar 31, 2020

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UAE allows private companies to change employee contracts: How will this impact foreign workers?

With coronavirus scare and lockdown threatening employee job security across industries and particularly those of foreign workers abroad, an announcement by UAE's Minister of Human Resources and Emiratisation allowing private companies to change their contracts with employees could indicate layoffs and pay cuts for the migrant workforce. Let's gauge the impact of this move on foreign workers.

Mar 30, 2020

Ola Cabs supports drivers during Covid-19

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Indian startups pull out all stops to make a difference amid Coronavirus crisis

As the coronavirus spreads across global frontiers, startups are forced to deal with nationwide lockdown, working capital issues and liquidity crunch challenging their continuity plans and short-term growth goals. Despite these, Indian startups leave no stone unturned to extend their funding support and collaborative efforts to root out coronavirus pandemic from the system. Here's a sneak peek on few startup contributions:

Mar 28, 2020

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India Inc. set to increase its CSR spends to combat Covid-19

With the Ministry of Corporate Affairs approving funds spent by organisations on preventative care, medicines, medical equipment, disaster management and provision of infrastructure as an eligible CSR activity, India Inc. seems to have pulled out all stops to reach out to the needy and those at the frontline by increasing their CSR spends in fight against Covid-19.

Mar 28, 2020

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Covid-19 relief package on EPFO withdrawal to cover only 16% of total subscribers

The burden to fund the wages of employees still lies on the employers as the government will support them in the form of reimbursement.

Mar 27, 2020

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Covid-19 outbreak: Cognizant to pay 25% extra of basic pay to Indian employees

One of the world's leading IT giants, Cognizant will pay the extra salary to its employees up to associate level in the wake of the Covid-19 outbreak.

Mar 27, 2020

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Covid-19 relief package: Center allows PF withdrawal for individuals to fight lockdown

An individual can withdraw the Provident fund by submitting a physical application to the EPFO office or filing an online application on the EPFO official website.

Mar 26, 2020

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Citizens plea to govt for temporary break on EMI, loan repayments in its economic relief package

Indian citizens took to Twitter and social media yesterday in a plea to the government to impose a temporary pause on EMIs and loan repayment as a part of the economic relief package.

Mar 26, 2020

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Indian intelligence warned of possible attacks

Pak continues unprovoked ceasefire violations; Indian Army retaliates

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