by Lois C. Ferrara | May 7, 2020 | Business News
NEW DELHI: As the country battles COVID-19, traders’ body CAIT on Thursday said traders are facing tremendous financial crunch and payment of full salary for April to their staff was next to impossible. The Confederation of All India Traders (CAIT) has written to Commerce and Industry Minister Piyush Goyal seeking his intervention in the matter. […]
by Lois C. Ferrara | May 5, 2020 | Business News
MUMBAI: Vehicle registrations across segments declined by 70 per cent in April over the year-ago period as most of the businesses remain shut during the month amid the nationwide lockdown in the wake of coronavirus pandemic, a report said on Tuesday. Wholesale volumes...
by Lois C. Ferrara | May 5, 2020 | Business News
Mumbai: Jindal Steel and Power has exported 248,000 metric tonnes of steel and related products in the month of April 2020, which is a growth of 109% month on month, the company said. “JSPL, has effectively and appropriately addressed the domestic demand situation and...
by Lois C. Ferrara | May 4, 2020 | Business News
New Delhi: Power consumption in April dipped 22.75 per cent to 85.05 billion units (BU) compared to 110.11 BU in the same month a year ago, mainly due to low demand amid the lockdown to combat COVID-19. The government had imposed lockdown from April 25 to fight the...
by Lois C. Ferrara | May 4, 2020 | Business News
BENGALURU: India’s manufacturing activity contracted at its sharpest pace on record in April as a lockdown to combat the rapid spread of the coronavirus led to a slump in demand and massive supply chain disruptions, a private sector survey showed on Monday....
