The domestic automobile industry is headed for another year of double-digit sales decline this fiscal, given the extended lockdown to contain the COVID-19 pandemic, CRISIL Research said on Thursday. Overall sales volume would plunge to multi-year lows, with sales of both... Read more
Covid-19 has altered the entire economic paradigm like no other event. The global economic fallout is worsening by the day and countries across the world are grappling with the economic challenges. The ensuing battle against Covid-19 is expected to be... Read more
The information technology (IT) industry has approached the central government ministries to flesh out changes to taxation and labour laws in line with the work-from-home (WFH) model. While the coronavirus pandemic forced offices to migrate to WFH, many are expected... Read more
The Confederation of Indian Industry (CII) on Friday said the impact of a prolonged lockdown on the economy is severe and demanded a stimulus package of Rs 15 lakh crore, substantially revising its earlier estimates of Rs 4.5 lakh crore.... Read more
Harshraj Singh Tribune News Service Ludhiana, May 6 Amid the Covid-19 pandemic, employment in the state’s industrial sector is going to take a hit. At present, only 1.5 per cent of industrial units are operational. The plunge in the industrial... Read more
Even as various industries are going through a rough phase and the future remains uncertain too, the IT industry is expected to benefit from the rising inclination of firms towards deploying digital technology. The Indian information technology industry has positive... Read more
NEW DELHI: The Confederation of Indian Industry (CII) on Friday urged the government to defer goods and advance tax (GST) and advance tax payments, and sought scrapping of fees for licenses, permit renewals, and excise exemption for liquor for the... Read more
The Travel Agents Association of India (TAAI) said the hospitality and travel industry is seeing cancellations up to 80 percent in wake of the coronavirus pandemic, especially with the government suspending visas for a month, The Times of India reported.... Read more
On Saturday, after Vice President Mike Pence met with cruise industry executives in Fort Lauderdale, Florida, it’s easy to imagine the industry breathing a sigh of relief. “The American people value our cruise line industry, it brings great joy and... Read more
New Delhi, The poultry industry in different parts of the country has been hit hard amid rumours that the novel coronavirus can transmitted through consumption of chicken, the prices of which have fallen considerably as a result. Vijay Sardana, an agricultural economist and... Read more