In a major relief for certain private sector companies and their staff, Union Finance Minister Nirmala Sitharaman on Thursday announced that the government will make 24 per cent contribution to the Employees' Provident Fund (EPF), 12 per cent each for employer and employee for the next three months. ....

The Centre on Thursday announced a Rs 1.7 lakh crore relief package to protect the weaker sections of the society from the economic fallout of Covid-19. ....

Indian equity indices surged on Thursday morning with the BSE Sensex gaining over 1,500 points. ....

Zomato CEO Deepinder Goyal on Wednesday announced that several employees have taken deep voluntary salary cuts as the business has been hit owing to the COVID-19 lockdown. ....

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. ....

As the online delivery space shrunk with Flipkart, Amazon, Bigbasket and Grofers suspending or curtailing operations amid the 21-day lockdown, supermarket chain Biz Bazaar has entered the fray, with launching doorstep delivery services in major cities like Delhi, Mumbai, Belgaluru and Gurugram. ....

Indian stock markets witnessed a rally on Wednesday afternoon with the BSE Sensex rising 1,600 points. ....

The Indian Rail Catering and Tourism Corporation (IRCTC) on Wednesday appealed to the people not to cancel their e-tickets on their own in case of trains being cancelled by the national transporter due to nation-wide lockdown to help curb the spread of novel coronavirus pandemic. ....

The Finance Ministry on Tuesday announced the extension of the deadline for filing returns of goods and services tax (GST) for March, April and May 2020 till June 30. ....

A day after the Indian stock market logged the biggest ever single day fall, the indices opened on a positive note on Tuesday with the Sensex rising over 1,200 points. ....