Business

 VoV Web Desk

Herbal drugs to rice & dal, ‘swadeshi’ Patanjali goes online to take on Amazon, Flipkart

Herbal drugs to rice & dal, ‘swadeshi’ Patanjali goes online to take on Amazon, Flipkart

The company launched the website on a pilot basis on 15 May, but the commercial roll out is expected within this month. Acharya Balkrishna, CEO of Patanjali Ayurveda, told ThePrint the website will be the first e-commerce firm in India to be available in 12 local languages, including Hindi, Sanskrit, Gujarati, Tamil, Punjabi and Marathi. “We have […]

 VoV Web Desk

Markets ignore Moody’s downgrade, Sensex rises 3,200 pts in 6 sessions

Markets ignore Moody’s downgrade, Sensex rises 3,200 pts in 6 sessions

Stock markets on Tuesday ignored the rating downgrade by Moody’s and rallied 1.57 per cent even as Prime Minister Narendra Modi maintained that the country will get back its economic growth and pledged to undertake more structural reforms. With the global markets also making strong gains on the back of easing of lockdown curbs, the Sensex rose […]

 VoV Web Desk

Five Indian states are leading economy to recovery from lockdown

Five Indian states are leading economy to recovery from lockdown

Five Indian states contributing nearly 27% of the country’s gross domestic product are leading a recovery in the economy as it slowly emerges from the world’s biggest lockdown, a study by Elara Securities Inc. shows. Kerala, Punjab, Tamil Nadu, Haryana and Karnataka have seen a pickup in activity, based on an analysis of indicators such […]

 VoV Web Desk

Moody’s downgrades India’s sovereign rating, maintains negative outlook

Moody’s downgrades India’s sovereign rating, maintains negative outlook

Moody’s Investors Service on Monday downgraded India’s sovereign rating to ‘Baa3’ from ‘Baa2’, saying there will be challenges in implementation of policies to mitigate risks of a sustained period of low growth and deteriorating fiscal position. “Moody’s has today downgraded the Government of India’s foreign-currency and local-currency long-term issuer ratings to Baa3 from Baa2. “Moody’s […]

 VoV Web Desk

ExplainSpeaking: Why India’s GDP growth rate is being labelled an overestimate yet again

ExplainSpeaking: Why India’s GDP growth rate is being labelled an overestimate yet again

Dear Readers, When you get the chills and feel feverish, do you immediately reach for your thermometer and break it — lest it may tell you how bad your fever is and how fast it is rising? I suspect not, because you know the thermometer will just map your true body temperature — not raise […]

 VoV Web Desk

Rupee settles 14 paise higher at 75.62 against US dollar

Rupee settles 14 paise higher at 75.62 against US dollar

The rupee appreciated 14 paise to provisionally close at 75.62 against the US dollar on Friday as foreign fund inflows and weak American currency boosted investor confidence. Forex traders said investors are awaiting the country’s gross domestic product data for the January-March quarter, due later in the day, for further cues. The rupee opened at […]

 VoV Web Desk

Ecommerce Portal brings smile on the faces of shoppers as it delivers essentials at their doorsteps

Ecommerce Portal brings smile on the faces of shoppers as it delivers essentials at their doorsteps

Amid ongoing corona virus and the extension of lock down in UT of Jammu & Kashmir, one of the biggest issues among people is where and how to buy the grocery and other essential items? As due to the surge in demand the stores are either going empty or opening for a few hours only. […]

 VoV Web Desk

Zomato asks about 13% staff to start looking for jobs as firm foresees ‘not enough work’

Zomato asks about 13% staff to start looking for jobs as firm foresees ‘not enough work’

THE IMPACT of Covid19-led lockdown on the restaurant industry has started taking its toll on other stakeholders in the food chain, with Gurgaon-based online platform Zomato saying it does not “foresee having enough work” for all of its employees. Consequently, the company has decided to ask around 13 per cent of its 4,000-strong workforce to […]

 VoV Web Desk

Nirmala Sitharaman to announce details of economic package at 4 pm today

Nirmala Sitharaman to announce details of economic package at 4 pm today

NEW DELHI : A day after Prime Minister Narendra Modi announced a ₹20 lakh crore economic relief package, finance minister Nirmala Sitharaman would announce details of the stimulus at 4 pm today. In his address to the nation yesterday, PM Modi had announced that the government has planned new financial incentives in addition to ones already announced. […]

 VoV Web Desk

Govt plans to offer tax holiday to companies investing in India

Govt plans to offer tax holiday to companies investing in India

India’s trade ministry is proposing a tax holiday for companies bringing new investments as the government explores measures to support the economy amid the coronavirus pandemic, according to people familiar with the matter. The proposal to give a 10-year full tax exemption to companies making new investment upwards of $500 million is being evaluated by the finance ministry, said […]

1 2 3 32