In the fight against COVID-19, around 2,56,000 employees of the country's largest lender, State Bank of India (SBI), have decided to contribute two days' salary to the Prime Minister's National Relief Fund.
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The three month moratorium on term loan repayments given by Reserve Bank of India will not result in any revenue loss for lending banks and NBFCs as borrowers opting for deferment will either have to extend their tenure else increase the quantum of EMIs, Emkay has said in its latest report on RBI's decisions on NBFCs....
When Digital India took birth, little did we know that in an unprecedented situation like a total lockdown, the apps and services that helped us sail through the day with ease will immediately hang up on millions.
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The 21-day nationwide lockdown to combat COVID-19 will have its impact on those cultivating vegetables, fruits, tea, paddy, flowers, inland fisheries and livestock, farmers in Tamil Nadu said.
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Ironic as it may sound but digital India saw its biggest challenge on Wednesday when smartphone-based leading food delivery platforms Zomato and Swiggy found themselves in no man's land as restaurants, including cloud kitchens, went out of service and delivery boys were turned back by local authorities as the 21-day lockdown came into force....
In an unprecedented crisis despite Prime Minister Narendra Modi assuring the continuation of essential services like food and groceries, online marketplaces like Flipkart and Amazon along with delivery platforms like Bigbasket, Grofers and FreshToHomes hit a major blockade on Wednesday as local authorities shut warehouses and sent del...
With the Finance Bill 2020 expanding the scope of the equalisation levy on sales by foreign e-commerce companies, one can expect legal challenges on extra-territoriality, global consultancy major EY said on Tuesday....
Government has provided big relief to the corporate sectors on compliance related issues particularly related to incorporation of businesses and qualifications of directors....
The government has reduced charges for digital trade transaction and ATM cash withdrawals to promote digital financial transactions at the time of COVID-19 pandemic....
