COVID-19 impact : Govt Revises EPF Contribution Cut
On Monday, Ministry of Labour and Employment, announced a revision in the rate of provident fund contribution. Now, employees and employers, have to pay 10% of their salaries to the…
Latest news about business, BSE, NSE. The Indian Wire brings market studies, comparisons, predictions, revenue reports from the corporate world.
On Monday, Ministry of Labour and Employment, announced a revision in the rate of provident fund contribution. Now, employees and employers, have to pay 10% of their salaries to the…
When Currencies are Held Hostage. China’s economy on account of being heavily influenced by communism, is heavily state regulated. In an effort to maintain CNY (Chinese Yuan) versus US Dollar…
Public Sector Banks sanctioned more than Rs 6.45 lakh crores in loans between March 1 and May 15, 2020. MSMEs, agriculture and retail received most of these loans, as banks…
The Ministry of Labour & Employment has implemented a cut in the employees’ provident fund (EPF) contributions to 10%. The 10% was reduced from the existing 12%, and is valid…
With surrendering the certificates, the companies cannot transact the business of a non-banking financial institution. A Non Banking Financial Company (NBFCs), including Reliance Net and Nischaya Finvest Private Limited, have…
Non-Banking Financial Companies (NBFCs) are preparing to start sanctioning fresh loans from June as the 20 lakh crore Stimulus Package of Indian Government successfully boosted their sentiment. Their decision came…
The Chinese company ByteDance announced on Monday that Kevin Mayor will become the head of its popular Product – TikTok and will hold the position of Chief Operating Officer at…
The idea of supply and demand is the most fundamental aspect of any modern economy. Due to the disruptions caused by COVID-19, businesses have been affected because of an unbalanced…
Goldman Sachs, a leading global financial services firm forecasted that in the second quarter of the Financial Year, the GDP may shrink to an annualised 45 per cent from the…
There has been a significant amount of dip in the economic front due to the current lockdown situation. More than anyone in the nation, the impoverished are likely to be…