The $192 billion IT-BPM industry body has informed the Ministry of External Affairs (MEA) about the critical talent from various member companies such as Tata Consultancy Services, Infosys, Wipro, HCL Tech, Startek and many others being stranded and they should be considered for evacuation.

“Some clients are looking at consolidation. In this crisis, they have had mixed experience of work-from-home from different players. So, they feel, if this lasts 12-18 months, they would want to put their bets on larger players who have done well in transitioning to this new way of working,” Infosys Chief Operating Officer UB Pravin Rao told.

Infosys grew 9.8% with revenues of $ 12.78 billion in last fiscal , while Tata Consultancy Services, India’s largest IT firm grew 7.1% to $ 22.03 billion. Smaller rivals Wipro grew 3.8% to $ 8.6 billion and Tech Mahindra by 4.3% to $ 5.18 billion.

NITES said this went against govt guidelines of not firing people or cutting salaries during the pandemic.

Manufacturers of appliances and consumer electronics are seeking lower taxes on eco-friendly and energy-efficient products, more incentives for domestic manufacturing and waiving of customs duty on inputs imported to make the components in the upcoming Union Budget.

​​Individually, each brand is seeking more clarity and approval on the guidelines. The guidelines say that we would have to open in a phased manner. All brands are gearing up to open up, wherever, it will be permitted," CEAMA President Kamal Nandi said.

With just 73 confirmed cases of the virus and no deaths, India, a country of 1.3 billion people, has so far fared better than elsewhere in Asia, Europe and North America. But experts say India's already overstretched medical system would struggle to deal with a major rise in serious cases.

The association also demanded six to nine months' moratorium on all principal and interest payments on loans and overdrafts, besides deferment of GST and advance tax payments. They also asked the minister for removal of fees for any upcoming licenses, permits renewal, excise exemption for liquor for the hospitality and travel industry across the country.

India's biggest OTA MakeMyTrip has issued alerts to its customers stating there are attempts being made by fraudsters to seek bank account details and other personal information from customers who are seeking refunds for booking cancellations.

IATO said it seeks a financial bailout package to defray the salaries of the employees and operational cost of offices based on the turnover of the company in last financial year. IATO also that said it also seeks a 9 to 12 months deferment (without any interest) on all principle and interest payments on bank loans.

According to senior member Rajiv Mehra, no international flights are operating till May 1, so international ticket booking would not have happened during the first phase of the lockdown. "When there is no booking, the question of refund does not arise. As regards the domestic sector, everything is in lockdown, so virtually no bookings have taken place, so no refund would be required," he said.

Federation of Associations in Indian Tourism & Hospitality, the policy federation of all the national associations representing the tourism, travel and hospitality industry of India has revised upwards its value estimates at risk to Indian tourism.

Default of a Portugese bank, Ukraine-Russia face-off, developments in Middle East and signs of weakness in US economy have subdued investor sentiment.

While the economy appears likely to rebound from a first-quarter contraction, Yellen said the progress “bears close watching.

We asked dozens of our favorite analysts, economists, strategists, and portfolio managers on Wall Street and around the world to send us their most important charts.

Market peaks have occurred historically at 25x-30x times earnings. On that basis, the market is fairly valued but not exceedingly expensive.

If the S&P 500 earns $115 in 2014, it is selling at 17.1x earnings. Market peaks have occurred historically at 25x-30x earnings.

US stocks ended near flat as concern about an escalation of the Russia-Ukraine conflict offset gains in consumer staples shares.

Till about a year ago, I was fairly hands-on in the hiring process, says Zomato's Deepinder Goyal.

Indians may borrow more against their stash of gold as the world’s biggest lockdown raises financial stress .

Microfinance institutions and non-bank lenders are set to resume full-fledged operations in green and orange zones, or areas designated as safe from the Covid-19 virus outbreak, after the government announced lifting of several restrictions.

Para banks have requested that this window be established through MUDRA, Small Industries Development Bank of India, National Bank for Agriculture and Rural Development and National Housing Bank. They are also requesting a special purpose vehicle that would be allowed to leverage about 4 times to provide a funding of ₹50,000 crore to small and medium-sized NBFCs.

The lenders have also agreed to extend the three-month moratorium provided by the RBI on term loans to borrowers, the statement said, adding, collections will be made only from customers who have opted out of it.

Major importers like Germany & Japan, which have been buyers of first flush teas from Darjeeling for decades, first want to check the quality before placing order. Iran, which had bought, around 54 million kg of teas in 2019 has also started placing good orders with the tea exporters which has resulted in orthodox tea prices moving up by Rs 30 -40 per kg in comparison to last year.

Corona lockdown has put entire mango trade in West Bengal under deep uncertainty. The debacle is bound to cause severe economic crisis in the Mango zone of the state. West Bengal is one of the largest contributors to India's national mango output that constitutes around 40% of global yield.

There was growing pressure from local corporators and the mayor of Navi Mumbai for closure of the market. A meeting of all the stakeholders was held on Friday, which was attended by Anoop Kumar, principal secretary (marketing).

Italy, the largest buyer of Indian coffee, started relaxing the restrictions from Monday much to the relief of the Indian coffee industry. However, the exporters fear intense price pressure from Brazil which is expecting a normal crop.

The NAV of Franklin India Dynamic Asset Allocation FOFs (fell 16.6%), Franklin India Multi-Asset Solution (fell 22.42%), Franklin India Life Stage FOFs-20 (fell 6.59%), Franklin India Life Stage FOFs-30 (13.51%), Franklin India Life Stage FOFs-40 ( fell 17.81%) and Franklin India Life Stage FOFs-50 Plus (fell 0.52%).

Most debt mutual fund categories have witnessed outflows in the last month, data shows.

I've noticed that there are very few moms speaking at conferences in our industry. I'd like us to do our little part to make it easier for women to work in technology fields by making web design and development conferences more mom-friendly. This can help all of us, not just the moms.

The Belarusian league is filling the void for foreign fans starved of football at home, by inviting fans from around the world to buy virtual tickets online.

Australia. Parliament. House of Representatives. Standing Committee on Economics, author, issuing body

Australia. Parliament. Joint Committee on Intelligence and Security, author

Australia. Parliament. Joint Standing Committee on Trade and Investment Growth, author, issuing body

Australia. Parliament. Senate. Economics Legislation Committee, author, issuing body

Australia. Parliament. Senate. Economics Legislation Committee, author, issuing body

Australia. Parliament. Joint Committee on Intelligence and Security

Australia. Parliament. Joint Committee on Intelligence and Security

Joseph, David, 1961- author

McMeel, Gerard

Australia. Parliament. Senate. Economics Legislation Committee, author, issuing body

Australia. Parliament. Senate. Foreign Affairs, Defence and Trade Legislation Committee, author, issuing body

Australia. Parliament. Senate. Foreign Affairs, Defence and Trade Legislation Committee, author, issuing body

Australia. Parliament. Senate. Economics Legislation Committee, author, issuing body

Australia. Parliament. Senate. Environment and Communications References Committee, author, issuing body

Boardman, Anthony E., author

Campbell, Harry F., 1945-

Australia. Parliament. Senate. Economics Legislation Committee, author, issuing body

Australia. Parliament. Senate. Foreign Affairs, Defence and Trade Legislation Committee, author, issuing body

Australia. Parliament. Joint Standing Committee on Trade and Investment Growth, author, issuing body