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Bank of Baroda launches personal loan for customers to tackle coronavirus related liquidity issues

According to the bank, "The objective of this loan is to provide ease to tide over the liquidity mismatch to existing customers." The customer can approach their existing branches to avail this personal loan up to a maximum limit Rs 5 lakh




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IRDAI allows insurers to give moratorium on term loan repayment due to coronavirus impact

In respect of term loans, insurers are permitted to grant a moratorium of three months towards payment of instalments falling due between 1st March 2020 and 31st May 2020.




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Should I switch my SBI home loan to a repo rate linked loan by paying Rs 5,900?

The borrower has SBI Max Gain home loan at 8.55 per cent under the MCLR option.




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Yes Bank moratorium: RBI Board Member explains why it took so much time

Yes Bank moratorium: RBI Board Member explains why it took so much time





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Covid-19 outbreak: ECB unveils stimulus boost to overcome virus shock

Covid-19 outbreak: ECB unveils stimulus boost to overcome virus shock





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Covid-19 to impact domestic as well global growth: RBI governor

Covid-19 to impact domestic as well global growth: RBI governor





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Need to implement containment plan uniformly across the country: Lav Agarwal, MoHFW

Need to implement containment plan uniformly across the country: Lav Agarwal, MoHFW





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COVID-19 impact: OYO cuts 25% of fixed pay of employees; some staff sent on leave

COVID-19 impact: OYO cuts 25% of fixed pay of employees; some staff sent on leave





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Auto sector bosses meet Gadkari, seek 1-year moratorium for 11 regulations, scrappage policy

Auto sector bosses meet Gadkari, seek 1-year moratorium for 11 regulations, scrappage policy





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Entertainment




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Entertainment

Your online binge-watching is hurting the planet




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Entertainment




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Media/Entertainment




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Media




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Entertainment




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Entertainment




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Musk’s vow to sell homes aimed at blunting billionaire barbs

Musk has listed two of his California homes for sale, seeking a combined $39.5 mn for the Bel Air properties.




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Centre rolls out Air India's disinvestment process, seeks Expression of Interest

Centre rolls out Air India's disinvestment process, seeks Expression of Interest





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Lighter planes, fewer entertainment options, no meals in the short run: SpiceJet CMD on future of flying

Lighter planes, fewer entertainment options, no meals in the short run: SpiceJet CMD on future of flying





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Sidbi working towards e-enabling MSME businesses to deal with post Covid challenges

The digital repository that is being launched could include a list of tools such as automated accounting, tax reconciliation, cloud services, cyber security, video conferencing, online meetings available free to MSMEs for a limited period of time.




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Bharti Airtel, Voda Idea take steps to offer relief to Covid-hit MSMEs

Besides rental waivers on select plans for micro, small and medium enterprises, the telcos will help manage their bandwidth needs and offer customised digital tools to boost their web presence.




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SMEs struggle to take off as lack of liquidity, labour, and demand pinch operations

Workers in red zones were also finding it difficult to travel to factories in orange and green zones. Milon Nag, managing director of Pune-based KK Nag Ltd said, “Our factories in rural areas are open. But our managers and all live in Pune and they are unable to reach factories.”




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Government fast-tracks new definition of MSMEs

The plan, which has been in the works for months, is likely to be part of the stimulus package.




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Will work from home be the new normal for India?

Engineers, information technology employees, some HR roles, consultants, knowledge workers can work from home but it might be hard for those working in finance, insurance and companies ad that have proprietary applications.




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Firms spared fixed electricity charges for two months, no penalty for others on late payment: BS Yediyurappa

Yediyurappa announced a special relief package of Rs 1,610 crore to assist people from various affected sectors on Wednesday, which was welcomed by his political opponents.




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MSMEs need govt push to benefit from comparative advantage over China-made consumer goods: Report

It further said that although 2020 is a lost year, in terms of trade, India can think long-term and build relations so that it can occupy the space vacated by China.




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Tata Capital launches commercial, SME mobile app for business loans

Available on the Apple App store and the Google Play store, this app is yet another step by Tata Capital to enhance user experience for channel financing and term loan borrowers.




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Micro enterprises best placed to help economy come out of COVID-19 crisis: Report

The economy has been severely impacted due to the COVID-19 pandemic but the government and policymakers are looking for segments that are in the best position to help revive the economic activity the quickest.




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MSME sector on verge of collapse: Gadkari

The minister said the position of MSMEs was "worst" as they were now engaged in a "battle for their survival".




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MSME default rate lowest in business loans

Credit bureau Trans-Union Cibil has said that two out of three MSMEs entered this lockdown with structurally strong positions.




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OPEC meets tomorrow to mull output cut extension

OPEC meets tomorrow to mull output cut extension





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Government hikes ethanol price by Rs 2.85/litre for 2018-19

Government hikes ethanol price by Rs 2.85/litre for 2018-19





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Indian-American among NASA's new astronauts; all set to conquer Moon, Mars

Raja Jon Vurputoor Chari, an Indian-American US Air Force colonel, is among 11 new NASA graduates who have successfully completed their over two years' of basic astronaut training . Astronaut candidate training included practice, and testing in spacewalking, robotics, International Space Station systems, T-38 jet proficiency, and Russian language.




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Indian-origin UK medics chief warns doctors' lives being put at risk

According to a recent survey, more than half of doctors working in high-risk environments said there were either shortages or no supply at all of adequate face masks, while 65 per cent said they did not have access to eye protection. Furthermore, 55 per cent said they felt "pressurised" to work in a high-risk area despite not having adequate PPE.




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Road Works / Closures - A6 Upgrade Scheme

A6 CASTLEDAWSON TO RANDALSTOWN DUALLING

A6 Mainline Glenshane Road / Foreglen Road - lane Closure Tamnaherin Rd to Ballyhanedin Rd 

Monday 27 April - 11 May  2020 - Off-peak 09:30 - 16:00

From Monday 2 December 2019 for 10 Months

NEW ROAD LAYOUT - A6 Mainline - Castledawson Roundabout to Brough Road – Phase 05 (Traffic switched onto EB (1 lane) + WB (1 lane))

NEW Bellshill Junction (on-slip’s will be temporarily set-up as ‘Give-Way’) – OPEN

 From Mon 25 February for 12 Months Creagh Hill – Full Closure at Deerpark Junction - from 

Diversion via Deerpark Road, A6 Mainline, Hillhead Road

Temp Traffic Management for the A6D2D scheme  W/C-04/05/20

Mon – Fri   0930-1600 Daily (As required)

  • Two Way traffic control Baranailt Rd to Tamnaherin Rd

Mon to Fri 07:00 to 18:00 Daily-

  • Feeny Rd Haul Crossing
  • A6 Mainline Haul Crossing (near Gulf Rd)
  • Ballyhanedin Rd Haul Crossing
  • Tirbracken Rd Crossing

Continuous –

  • Mavis Rd closure
  • Gulf Rd Closure
  • Altagarran Rd Closure
  • Gortilea Rd Closure
  • A6 Mainline Hard shoulder Closure, West bound and Eastbound, from Foreglen Rd to Gulf Rd
  • Killunaught Rd Closure
  • Derrychrier Rd Closure
  • Closure of climbing lane from Ballyhanedin Rd to Muldonagh-A6
  • Closure of Lane one of climbing lane from Ardmore Rd to the Foreglen Rd -A6
  • Closure of Lane two of climbing lane from Ardmore Rd to the Mavis Rd -A6
  • Closure of Ervey Rd from A6 Glenshane Rd to Birch Rd




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Economic Times




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Why Udacity wants employees to remix Taylor Swift, do one-armed push-ups, or play 'Rock Band' blindfolded

Over the past few years, the company has had meditation sessions, K-pop dance routines, and puppy tricks punctuate its weekly, Wednesday-afternoon meeting.




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Register as a delegate with the Indo-American Chamber of Commerce's upcoming conference.

Register as a delegate with the Indo-American Chamber of Commerce's upcoming conference.




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Lady Gaga's former manager and Uber investor Troy Carter hand picks the next six hot startups

Carter managed Lady Gaga from early into her career to worldwide stardom until he was fired in 2013. Carter and his talent agency, Atom Factory, manage pop stars.




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When the 20-something founder of Oculus first met Mark Zuckerberg, he blew him off

Zuckerberg decided to go visit the startup's headquarters after loving his first demo with Oculus' virtual reality headset in Facebook's office.




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Ousted Men's Wearhouse founder has a new startup that rents you tuxes

George Zimmer, the ousted founder of the $2.3 billion men's clothing retailer Men's Wearhouse, seeks $40 million at a valuation of $100 million for Generation Tux.




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Legendary VC Bill Gurley names a bunch of startups that are doomed

Gurley, a partner at venture firm Benchmark Capital, has been loudly warning that startups are burning too much cash and that a reckoning is coming.




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Luxe home sales rise as NRIs return to market

NRIs typically invest in their home markets first, followed by key markets.




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MSME Schemes: Technology upgradation through the International Cooperation Scheme

The Ministry of MSMEs offers the International Cooperation Scheme which helps fund MSMEs to participate in international exhibitions and events to get access to the latest in technology.




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For SMEs, having a website is cheaper than an offline store

Businesses with no online store have limited growth opportunities.




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India's about to hand people data Americans can only dream of

Backed by the Reserve Bank of India, it’s an ambitious approach that combines privacy protection with credit reporting: if it works, it could unlock the credit market for millions of Indians while offering new levels of data security and consumer control.




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Top tips to safeguard your network when employees are working from home

The real challenge in the world of employees working from their own homes is not the slack in productivity or the threat of transmission of the virus, but cybersecurity.




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For a mobile first nation that loves missed calls, here’s something product managers need to know

Our jugaad of giving missed calls when mobile telephony was expensive has created a habit that’s still prevalent. Then came OTP, which saw nationwide acceptance when regulators mandated it for banking transactions.




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Lord Swraj Paul meets PM Narendra Modi; welcomes decision on NRI investments

Lord Swraj Paul today met PM Narendra Modi and conveyed his appreciation of the recent decision of Indian government to treat NRI investments at par with resident investments.




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NRIs/PIOs can now send funds online for Modi govt's flagship schemes like Swachch Bharat, Clean Ganga

Swaraj said this while chairing a meeting of India Development Foundation of Overseas Indians, a trust established to supplement development efforts.