Wednesday, 6 May 2020

Decoding India's new rules for dancing with the dragon

India's concern is real because China has been involved in dumping of steel in the past and the same allegation has been made by other countries when it comes to automobiles and electronics. Given China's superior economic position today amidst good valuations from an investors' standpoint, leveraging the same makes business sense.
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NEWS DIGEST

Wed, May 06, 2020 | 04:00 PM IST

Dear Reader, here are top stories of the day.

News
Decoding India's new rules for dancing with the dragon Decoding India's new rules for dancing with the dragon
Lockdown drags service sector to historic low

The grim result for the industry, the engine of growth, underlines the pandemic's impact....

GDP will contract in the first quarter: CEA

The statistics that are floating around in the social media, saying UK has done 15% of GDP, US has done 10% of GDP, I...

Today's Highlights
Rs 34,800 cr financial help given to 39 cr beneficiaries Rs 34,800 cr financial help given to 39 cr beneficiaries
Companies expected to outsource more work: NTT

In this environment, the delivery of platform-enabled solutions at speed across the entire technology stack becomes e...

Workers stressed about returning to work: Survey

As India Inc prepares for offices to open post the lockdown, the survey assesses the anxiety level of employees and s...

Industry
Tech & Retail: Commercial rentals may come under pressure in post Covid-19 era Tech & Retail: Commercial rentals may come under pressure in post Covid-19 era
Excise duty hiked on petrol by Rs 10, diesel by Rs 13

The increase in excise comes amid crude oil prices still remaining at relatively lower levels of $23.86 a barrel, com...

Maruti introduces new norms for dealerships amid COVID-19 pandemic

The process ensures highest level of hygiene and sanitisation across all its showrooms for the safety of its customer...

NRI
Most H-1B visa workers paid below mkt wages: Report Most H-1B visa workers paid below mkt wages: Report
epaper
Mumbai short of hospital beds and patience Mumbai short of hospital beds and patience
No free lunch, let's be realistic, says CEA on coronavirus bailouts

Chief economic adviser KV Subramanian said India's GDP is likely to grow 2 per cent for the full financial year....

Aarogya Setu app: Data safe, for limited period, says Ravi Shankar Prasad

The Aarogya Setu app, which was developed by the government to track those with the disease and alert people about th...

Wealth
Should you pay your rent using a credit card? Should you pay your rent using a credit card?
Tech
Aarogya Setu app has no vulnerability; no data, security breach has happened Aarogya Setu app has no vulnerability; no data, security breach has happened
Jobs
Most companies plan on retaining employees amid crisis Most companies plan on retaining employees amid crisis
Hiring activity sees decline of 62% in April 2020 compared to April 2019: Naukri JobSpeak

The decline in hiring is led by industries like hotel/restaurant/travel/airlines (-91%), auto/ancillary (-82%), retai...

Panache
Kya Bantai? 'Stay home, Stay safe', Gully Boys from Dharavi hip-hop to spread the message Kya Bantai? 'Stay home, Stay safe', Gully Boys from Dharavi hip-hop to spread the message
Twitter handle of Abhijit Banerjee turns out to be fake

Ramachandra Guha clarified that the economist is not on Twitter....

RISE
Airbnb is cutting 25% of staff amid global travel slump Airbnb is cutting 25% of staff amid global travel slump
GA scouts for early bets in Indian tech startups

General Atlantic manages $35 billion in assets across the world, and has been among the rare growth-stage funds to ma...

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