business and finance

Create strategic reserve for milk powder says CII

CII suggested government to consider measures such as rationalization of GST on value added products such as butter and ghee to build market resilience. CII also suggested the government to distribute liquid milk through mid-day meal schemes to ensure nutrition availability for children.




business and finance

Salt shortage ahead? Manufacturers predict a shortfall as lockdown halts production

Salt farmers are predicting a shortfall as lockdown has truncated the production cycle.




business and finance

McDonald’s North & East seeks rental waivers

The US burger and fries giant has joined other restaurant chains including Jubilant FoodWorks-operated Domino's Pizza, Tata Starbucks and Speciality Restaurants in seeking waivers from landlords and mall owners.




business and finance

West Bengal becomes fastest growing market for Dhara edible oil amid lockdown

Consumers in West Bengal preferred Kachi Ghani Mustard oil followed by Refined Soybean oil over other variants during the period. Dhara in West Bengal primarily operates in categories like Kachi Ghani Mustard Oil, Refined Sunflower Oil, Refined Soybean Oil and Refined Rice Bran Oil.




business and finance

The Strategist Quiz #655

The Strategist Quiz #655




business and finance

The Strategist Quiz #658

The Strategist Quiz #658




business and finance

Answers to the Strategist Quiz #657

Answers to the Strategist Quiz #657




business and finance

Novelis income falls 39% to $63 million

Novelis, the wholly-owned US-based subsidiary of Hindalco Industries, reported that its net income was down 39 per cent in March quarter to $63 millio




business and finance

Procter & Gamble Hygiene and Health Care standalone net profit up 1.10% in March quarter

FMCG major Procter & Gamble Hygiene and Health Care Ltd (PGHHCL) on Friday posted a 1.098 per cent year-on-year increase in its standalone net pr




business and finance

Panasonic looks to resume production

Panasonic India plans to resume production at its company-owned and third-party operated plants with 25 per cent capacity in the coming weeks, as new




business and finance

ITC Hotels launches ‘WeAssure’ initiative on health, hygiene and safety

Reinforcing its ‘Responsible Luxury’ ethos that seeks to create a better and secure world, ITC Hotels today announced the launch of ‘WeAssure.’In a fi




business and finance

SBI Card net up 44% in FY19-20

Board has declared 10 per cent interim dividend




business and finance

M&M launches digital sales platform called ‘Own-Online’

Expects online sales to go up exponentially




business and finance

DocsApp raises $9.5 million in Series B funding

As a part of its ongoing Series B Funding, DocsApp has raised $9.5 million (₹72.5 crore) from Bessemer Venture Partners India, Fusian Capital, Rebrigh




business and finance

Paucity of drivers affecting supplies: Cycle Pure Agarbathis’ MD

Paucity of truck drivers is impacting supplies, said Arjun Ranga, Managing Director, Cycle Pure Agarbathis.With a good number of migrant workers, who




business and finance

FMCGs expect reduced discretionary spends

Plan to launch more health, hygiene and nutrition products




business and finance

A driving force in focused marketing

With affordable technology, VR could transform influencer-led marketing




business and finance

Oil drops 4% to below $30 a barrel as glut grows, output cuts eyed

Signalling a slow recovery in demand, data from the Energy Information Administration showed US crude and distillate inventories rose last week.




business and finance

April jobs data to show a record-shattering loss of jobs in US: Report

This would mean that nearly all the job growth in the 11 years since the Great Recession had vanished in a single month




business and finance

No valid basis for EU tariffs in Boeing-Airbus subsidy dispute: US to WTO

The WTO has found the world's two largest planemakers received billions of dollars of unfair subsidies in a pair of cases dating back to 2004




business and finance

Coronavirus task force to stay for now, new members will be added: Trump

Two of its top health officials, Dr Anthony Fauci and Dr Deborah Birx, would continue to be members of the task force, Trump told reporters




business and finance

Iraq Parliament chooses former intelligence chief Mustafa Khadimi as new PM

The incoming premier said he would make the fight against the coronavirus pandemic one of his priorities while in office




business and finance

Israel SC allows PM Netanyahu to form govt despite corruption charges

The court unanimously rejected petitions that sought to disqualify Netanyahu because he faces prosecution on felony corruption charges




business and finance

Coronavirus update: India cases cross 52k; public transport may start soon

It's already May, and parts of the country hit 40 degrees Celsius a few days ago, making situations worse for people living in cramped quarters to stay indoors




business and finance

Covid-19 to push UK economy towards deepest recession: Bank of England

It would also be the sharpest annual contraction since 1706, according to reconstructed Bank of England data going back to the 18th Century




business and finance

Trump administration shelves CDC guide to reopen public places: Report

The guidance contained detailed advice for making site-specific decisions related to reopening schools, restaurants, summer camps, churches, day care centers and other institutions




business and finance

WHO deeply troubled by increasing reports of domestic violence in Europe

Although data is scarce, member states are reporting up to a 60% increase in emergency calls by women subjected to violence, said Kludge




business and finance

South Africa parliament zoom call hacked with pornography, racial abuse

Zoom has been facing criticism internationally as a result of reports of hackers who disrupt meetings by posting offensive content




business and finance

Coronavirus impact: Now 33.5 mn seek unemployment benefits in US

The reports support many economists' belief that the economic slump could persist for a while




business and finance

Bank of England sees worst slump in 300 years as coronavirus bites

The BoE said Britain's economy might be on course to shrink by 25% in the three months to June and unemployment could more than double to 9% of the workforce




business and finance

China's exports up 3.5% in April despite coronavirus hitting demand

Economists had forecast that exports would shrink by 11% while imports would contract by 10%.




business and finance

World coronavirus dispatch: 20% of US workforce has sought jobless benefits

From WHO planning mission to find virus source in China, to Europe's richest man losing $30 billion, and the impact of coronavirus on indigenous people - read these and more in today's world dispatch




business and finance

Suspend guest worker visas, including H-1B for 60 days: Senators to Trump

The unemployment figures in the US have reached an all-time high due to the coronavirus pandemic




business and finance

China either made a terrible mistake or probably it was incompetence: Trump

Trump also described the allegations from the opposition Democratic party that Russians interfered in the 2016 presidential elections to help him win the polls as the "Russia hoax"




business and finance

India's five most affected states: Key coronavirus updates and highlights

Four states that have reported their highest single-day jump in cases are Assam, Delhi, Odisha and Tripura




business and finance

Kim Jong-un sends 'verbal message' to Xi Jinping on coronavirus success

Last week, Kim Jong-un has made his 'first public appearance' after 20 days of absence.




business and finance

Oil gains on hopes that easing of coronavirus curbs will push demand boost

Brent crude was up 47 cents, or 1.5 per cent, at $29.33 a barrel by 0121 GMT, having fallen nearly 1 per cent on Thursday




business and finance

UK corporate insolvencies fall as virus support plans kick in: KPMG

The spread of the novel coronavirus - and lockdown measures introduced to contain it - has ravaged the British economy, with many non-essential businesses told to close




business and finance

US, China trade representatives agree to strengthen ties: China ministry

The two sides agreed to maintain communication going forward, the Chinese commerce ministry said in its statement.




business and finance

IMF approves $18 bn emergency financing for 50 countries during Covid-19

In order to ensure full transparency and prevent any misuse of funds, the IMF asked member countries who apply for financing to commit that it is only used for urgent purposes related to Covid-19.




business and finance

Rupert Murdoch gives up yearly bonus after News Corp reports $1 bn loss

News Corp also reported an 8% drop in revenue to $2.27 billion, hurt by a weaker Australian dollar and lower subscription at Foxtel.




business and finance

Coronavirus pandemic ravages US payrolls, April job losses top 20 million

The Labor Department's closely watched monthly employment report on Friday also showed the unemployment rate surging to 14.7% last month, shattering the post-World War Two record of 10.8%




business and finance

Canada loses record 2 mn jobs in April, unemployment rate surges to 13%

As of May 5, more than 7.5 million Canadians had applied for some form of federal employment aid, according to government data.




business and finance

Covid-19: US jobless rate spikes to 14.7%, highest since Great Depression

The figures are stark evidence of the damage the coronavirus has done to a now-shattered economy




business and finance

WHO became China's puppet, will take a decision soon: US President Trump

The Trump administration is currently weighing punitive action against China over its early handling of the global health emergency.




business and finance

Indian envoy Sandhu, US Senator Feinstein discuss ways to tackle Covid-19

The United States is the worst affected country in the world from coronavirus with over 1.25 million cases in the country




business and finance

Hong Kong eases lockdown as no local Covid-19 transmission seen in 19 days

While gyms, beauty salons, bars, restaurants and other such public places have been reopened, saunas, karaoke lounges, party rooms and nightclubs would remain closed for at least another two weeks




business and finance

Covid-19: India tally close to 60K mark; Russia reports 10,000 new cases

Russia, which has emerged as a new Covid-19 hotspot in Europe, on Friday registered more than 10,000 new Covid-19 cases, for a sixth straight day




business and finance

Covid-19 impact: US unemployment rate surges to 14.7%, the worst since 1948

As the US lost over 20 million jobs in a pandemic-induced economic spiral during April, its unemployment rate zoomed to nearly 15 per cent




business and finance

Covid-19 impact: Mexico, Brazil see 99% plunge in auto production in April

In normal times, the combined number of cars produced by Mexico and Brazil every month is half a million