Appliances and consumer electronics makers are using social media platforms and other online tools to reach their customers, who are facing problems with products amid the lockdown.

Production cuts will be most in premium portfolio as consumers curb discretionary spending.

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.

"We are closely working with all our airline and hotel partners on lenient customer policies for date change, cancellations and waivers in the face of evolving travel trends and are seamlessly passing the waiver benefits to our customers, as applicable," MakeMyTrip said in the letter.

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.

Uber Essentials, for which approvals are being sought from state governments, will be extended to other cities early this week once approved, said Pradeep Parameswaran, President of Uber India, and South Asia.

Lockdown has pushed hotel business in tourism hotspot Sikkim to the brink where investors from Bengal and other states are the first tire victims. Equal sufferer is over 70% of Sikkim's population dependent on hospitality industry that generates around Rs 1.5 k croer business there in a year.

High mortality and fast-changing fortunes are a given when it comes to payments ecosystem, much like food-ordering and ecommerce marketplaces.

Bhavik Vasa, chief growth officer of ItzCash, contends the market opportunity is huge as 85% of the population is still dealing with cash.

Author Jeetendr Sehdev says that he is living and breathing the KKP.

How Adidas India is making a style statement Originals, which now contributes over 10% to its revenues.

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.

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

China's stock market got wrecked with the Shanghai Composite index crashing by 7.4 per cent. The market now down 19 per cent from its high.

When you are hiring someone, they should basically understand the culture of your organisation, says Shaadi.com's Anupam Mittal.

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

Management at Faasos are not people from food industry but mostly entrepreneurs who wanted to build something different on their own, says Revant Bhate.

The Tata family trusts have reached out to sovereign wealth funds and other long-term investors to gauge their interest in purchasing the Mistry family’s stake if it became available, according to the people.

Managing Director of NRL S K Barua tweeted, “NRL is importing 21TMT crude oil from Petronas through Haldia port to be rail freighted to Numaligarh for future processing. A step towards ensuring energy security.”

Before lockdown, the VAT rate on petrol was 30 per cent and on diesel was 22 per cent.

"We have to have a reasonable price. India is a major consumer. But at this juncture, India's viewpoint is the price should be reasonable and responsible. Very low prices are not the answer. Reasonable prices are the answer," he said.

The Gautam Adani-led utility firm that sells piped natural gas (PNG) to households and compressed natural gas (CNG) for vehicles hopes to make up for the lost time on new projects once the lockdown is over and is sticking to its capital expenditure plan of Rs 1,500 crore for the current fiscal, its CEO Suresh Manglani has said.

For India Inc, disaster planning for business continuity and survival has emerged as the top priority.

Top fintech companies are, therefore, rushing to tap into this new consumer trend, with several of them offering digital solutions to small merchants. These range from instant loans to digital billing to even geotagging, as companies believe the merchant digitisation business will boom when the lockdown eases.

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

As per convention, the government releases GST revenue collection number on the basis of cash collection in a particular month. However, with the situation arising out of COVID-19, the government has decided to wait till the extended deadline for filing returns before release of the collection figure.

​ NBFCs have also demanded for extension of the Reserve Bank of India's moratorium to them, relaxation on provisioning norms and additional funding from Small industrial Development Bank of India (SIDBI) and National Bank for Agriculture and Rural Development (NABARD) through refinance mechanism.

State Innovation & Transformation Aayog (SITA), Assam, is working on a Strategy Paper for the state government by engaging Ernst & Young (EY) on tea industry. Tea industry has suffered immensely during the lockdown .

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.

The government is mulling incentives for reviving old pharmaceutical ingredient units.

Commerce and Industry Minister Piyush Goyal said that Invest India and the Department for Promotion of Investment and Internal Trade are working to create a genuine single window for setting up factories and manufacturing units.

Highlighting that network capacity and higher bandwidth services have proved to be crucial, not only during the pandemic itself, but also for e-commerce and economic inclusion in general, it said in an information note: “What can WTO members do to improve communications networks and services?”

At present, SEZs are also not able to sell their products in the domestic market, as payment of customs duty as per Section 30 of SEZ Act, 2005, is making their products uncompetitive, the Export Promotion Council for EOUs and SEZs (EPCES) said in a letter to commerce and industry minister Piyush Goyal.

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%).

Rs 50,000 crore Special Liquidity Facility by the RBI to ease redemption pressure on Mutual Funds (MF) in the face of Covid-19 crisis would not only restore confidence in the MF industry but also ensure financial stability in the country.

The regulator has also eased compliance norms with regards to grandfathering of the existing unlisted NCDs, the Securities and Exchange Board of India (Sebi) said in a circular.

According to an analysis of the data made public by mutual funds, the CEO salary given by the top 12 fund houses in terms of assets under management increased in the range of 2-132 per cent in 2019-20 from the preceding fiscal year.

Parag Parikh Long Term Equity Fund has added Microsoft Corporation to the portfolio and completely exited from the Nestlé SA ADR.

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

Some people knit, others do puzzles, and yet others find calm by colouring. Me, I love pixeling. My computer career started with a super basic computer. It didn’t even have a way to store what I programmed. So, every day, I would write myself a small program that allows me to paint on the screen […]

I'm moving from the US to the Netherlands, and as part of paring down pre-move, I'd like to get rid of several copies of my book Stunning CSS3 before I leave. Find out how to get a copy.

Download the slides and view the demos for my presentation on practical flexbox progressive enhancement, "Leveling Up With Flexbox" for Smashing Conference in Oxford, as well as get links to related articles, tutorials, and tools on Flexible Box Layout.

Access management can be a bit of a nightmare, especially when we realize that we rely on a number of different, independent services that power our organizations. Many businesses use Gmail for email, Google Docs for documents, Slack for communication, GitHub for their codebase, etc. Yet each of these services provides their own permissions screens, […]

The post Teamstack: Easy Automation of Identity Management (Sponsored) appeared first on David Walsh Blog.

One interesting aspect of working at Mozilla is that Firefox lives in a mercurial repository while several other projects live on GitHub in a git repository. While most focus on either Firefox or another project, I switch between both, leaving me running git commands inside the mercurial repository and hg commands inside git repos. It’s […]

The post Detect git Directory with Bash appeared first on David Walsh Blog.

As a huge fan of media on the web, I’m always excited about enhancements to how we can control our media. Maybe I get excited about simple things like the <video> tag and its associated elements and attributes because media on the web started with custom codecs, browser extensions, and Flash. The latest awesome media […]

The post JavaScript Picture-in-Picture API appeared first on David Walsh Blog.

Those of you who follow this blog know that not every blog post is an endorsement of a technique but simply a tutorial how to accomplish something. Sometimes the technique described is probably not something you should do. This is one of those blog posts. The Babel parser is an essential tool in the web […]

The post How to Add Native Keyword Aliases to Babel appeared first on David Walsh Blog.

Yesterday, we had a discussion at work about rems, ems and percentages. I’ve used ems for media queries for years. I’ve used rems for font sizing for a couple of years. I felt like I had a pretty good handle on how it all works. Most of you probably understand the difference, but let’s do [...]

Taiwan has been comparatively successful in containing the spread of the virus, reporting to date 388 cases and six deaths in a population of around 24 million. No fans were allowed in the 20,000-seater stadium to watch the Lions win 4-1, with health concerns limiting attendees to a total of 200 players, coaches, umpires, cheerleaders and journalists, local media reported.

Taiwan reopened baseball games to a limited number of fans on Friday for the first time since controls were imposed to limit the spread of the coronavirus, part of government efforts to slowly allow normal life to resume. Taiwan has been relatively successful at controlling the virus, with 440 cases to date and 6 deaths, with only 85 active infections, thanks to early prevention and detection efforts.