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Unlocking could be dicey for India Inc
Jun-06 / The Economic Times

As India effects a calibrated exit from the lockdown, a range of issues faced by factories across the country lingerIn challenging times, technology services companies are often afforded a great vantage of what is unfolding because many clients appro ...

India’s tech industry could be looking at another refresh
Jun-06 / The Economic Times

In the countless video conferences that have become the hubs of collaboration this pandemic season, a witticism has crossed over from its origins as a WhatsApp forward to become a legitimate presentation-starter. Who has done the most to drive digiti ...

Nations, pick sides before the pandemic ends
Jun-06 / The Economic Times

The world might be in the throes of a pandemic but that hasn’t stopped some from planning for a post-Covid world and imagining a new global order. Well, we should be careful what we wish for.US President Donald Trump’s Tuesday night invitation to Pri ...

OPEC, Russia extend record oil cuts to end of July
Jun-06 / Reuters

OPEC, Russia and allies agreed on Saturday to extend record oil production cuts until the end of July, prolonging a deal that has helped crude prices double in the past two months by withdrawing almost 10% of global supplies from the market.

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Celkon unveils contactless healthcare products for Covid-19
Jun-06 / The Economic Times

HYDERABAD: Mobile handset producer Celkon, which has recently announced foraying into healthcare products sector under ‘Celkon Health’ brand, on Saturday unveiled a range of contactless healthcare products to tackle Covid-19 pandemic.These products, ...

STP-registered units' exports hit Rs 4.21 lakh crore in 2019-20
Jun-06 / The Economic Times

New Delhi: Determined efforts of the Software Technology Parks of India (STPI) in promoting the IT industry has boosted exports from STP-registered units to Rs 4.21 lakh crore in 2019-20, according to STPI Director General Omkar Rai. STPI, an autonom ...

Talks over between military commanders of India, China
Jun-06 / The Economic Times

NEW DELHI: The meeting between military commanders of India and China to discuss and resolve the stand-off in Eastern Ladakh has concluded, sources said.They said Indian delegation is on its way back to Leh after holding talks in Moldo on the Chinese ...

India may still see a coronavirus explosion
Jun-06 / The Economic Times

UNITED NATIONS: The coronavirus disease has not "exploded" in India, but the risk of that happening remains as the country moves towards unlocking its nationwide lockdown that was imposed in March to contain the COVID-19, according to a top WHO exper ...

Only 4% Covid patients in India are insured
Jun-06 / The Economic Times

BENGALURU: In the coronavirus era, policymakers are worried that the number of Covid-19 health insurance claims in India is only about 8,500 with a claim amount of Rs 135 crore. This is against total cases of 2.17 lakh - which means only 4% of people ...

Gold dealers offer big discounts as virus fears stifle demand
Jun-06 / The Economic Times

BENGALURU/MUMBAI: Physical gold dealers in India offered the highest discounts in about two months this week as customers kept away with coronavirus cases in the country continuing to mount, while Singapore saw steady safe haven demand. In thin volu ...

Trump says even Buffett makes mistakes with his airline exit
Jun-06 / The Economic Times

By Katherine ChiglinskyPresident Donald Trump chided Warren Buffett’s recent move to exit his bets on the airline industry.“He’s been right his whole life, but sometimes even somebody like Warren Buffett -- I have a lot of respect for him -- they mak ...

India's Silicon Valley gets a realty check
Jun-06 / The Economic Times

BENGALURU: Young technology professionals in India’s IT hub – Bengaluru – may scout for homes away from its preferred tech suburbs as they become cheaper to own or rent following a realignment in the hitherto-seen office culture.As software companies ...

In a pandemic, this is where the jobs are
Jun-06 / The Economic Times

BENGALURU: As companies across the travel, hospitality, technology, and transport sectors continue to hand out pink slips to hundreds of employees, there may yet be a silver lining for jobseekers — fintech startups are hiring.Payment and lending star ...

An 'exceptional' dilemma for audit firms
Jun-06 / The Economic Times

MUMBAI: “Exceptional items” attributed to Covid-19 crisis are increasingly becoming a sore point between companies and their statutory auditors, as a large number of companies have started using Covid-related adjustments to mask dismal business resul ...

Chinese firms fret over closed Noida factory
Jun-06 / The Economic Times

New Delhi: Chinese handset firms Oppo, Realme and OnePlus are finding it difficult to meet the pent-up demand in both online and bricks-and-mortar channels following the shutdown of the Oppo factory in Greater Noida.Channel checks revealed Oppo and R ...

Extending safety net: Companies keen to continue 'work from home'
Jun-06 / The Economic Times

Mumbai | New Delhi: Companies in India will likely encourage most of their employees to continue functioning from home for the next two-four months as they aren’t willing to let their guard down over Covid-19, even though lockdown curbs have been eas ...

India's job pain could get much, much worse
Jun-05 / The Economic Times

New Delhi: Unemployment rate could rise to a record 8-8.5% in 2020-21 if the government does not provide any further stimulus to an economy hit by the Covid-19 pandemic, former chief statistician Pronab Sen said.While unemployment is essentially in t ...

Steel stocks jump amid slow down but growth will be tempered
Jun-05 / Livemint

Integrated steel players are expected to navigate their way out of the slow a bit better than other steel players.Price realisations are better in the export market, and companies are already beginning to increase exports in their sales mix

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