Assam cabinet held its meeting on Friday through video conferencing. Assam Industries and Commerce Minister Chandra Mohan Patowary said the 25 per cent hike will add Rs 1000 crore to the government's kitty.

The company had recently contributed Rs 15 crore to PM CARES Fund.

Companies need to come up with strategies to keep the lights on, both by keeping control on the cash burn as well as generating revenue in these difficult times.

Expressing the sentiments of the industry, the National Restaurant Association of India (NRAI) said the 'logout' movement cemented the belief that the industry needed to take back control.

According to officials, retail demand started to build up gradually. In some cases, people were completing prelockdown transactions and others new ones.

Under the e-token system, customers are given specific time for purchasing alcohol so that there is no violation of social distancing norms by people queuing up outside liquor stores.

Covid-19 has caused a huge irreparable dent in Indian retail trade which will have a devastating effect on the whole country said CAIT National President BC Bhartia and Secretary General Praveen Khandelwal.

The data could get worse, which “should be expected as the lockdown continues to get prolonged,” CMIE chief said. “Initially, a lockdown only hurts the most vulnerable labor that is informally employed in unorganized sectors. Gradually, it starts hitting the more secure jobs. Startups have announced lay-offs and industry associations have warned of job losses.”

Deals on grocery and FMCG had evaporated days before lockdown in March last week when panic buying had started.

Allowing shopkeepers to provide cash is expected to reduce the burden on the banking system amid the lockdown. Depositors do not need to queue up at bank branches or ATMs for withdrawal if their neighbourhood merchant provides cash.

The Naukri JobSpeak is a monthly Index which calculates and records hiring activity based on the job listings on Naukri.com website month on month. The objective is to measure the hiring activities in various industries, cities, functional areas and experience levels.

According to staffing company Genius Consultants '9th Hiring, Attrition and Compensation Trend 2020-21', around 81 per cent of the respondents have shown interest to carry on with existing manpower and retaining them.

The survey was conducted by MindMap Advance Research with 560 India Inc. employees across small, medium and large enterprises in major metro cities of Delhi-NCR, Mumbai and Bengaluru.

The survey which covered over 1,300 HR professionals across sectors, aimed to understand the impact of the lockdown on the country’s employment scenario. More than 72% hiring managers said companies are devising new job roles that will be limited to remote working only.

Multinational companies in various industries have pursued value creation opportunities by deploying these global business services (GBS) model to build a differentiator in the market.

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.

Production cuts will be most in premium product portfolio as companies expect consumers to curb discretionary spending as the impact of the Covid-19. Manufacturing orders fall by up to 40% year on year as they expect much of current stock to remain unsold till then, company executives said.

In a letter to Finance Minister Nirmala Sitharaman on Wednesday, CAIT had urged the government to allow traders to pay salaries as per a mutual agreement between the employer and the employee or allow them to pay 30 per cent of the salary to meet their livelihood needs.

In April, Zomato initiated a voluntary salary reduction programme, which also offers affected employees’ additional stock in lieu of the cash cut from their pay cheques.

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

The May 5-7 poll median of more than 40 economists predicted India's annual consumer price inflation fell to 5.68% in April from March's 5.91%, still above the Reserve Bank of India's medium-term target of 4.00%.

“The idea of store-on-wheels is that customers should not feel suffocated that they can’t go out and shop, and feel the same pleasure right at their doorsteps,” said Vishnu Prasad, managing director of Future Lifestyle Fashions that owns Central and Brand Factory.

A negative list will clearly spell out what’s not allowed, allowing other activities to resume.

Recruitment experts at Manpower, KellyOCG, PeopleStrong, and Xpheno predict that even as many sectors see widespread layoffs, there will be a silver lining in sectors like edtech, ecommerce/internet, transport and logistics, as well as pharma that continue to hire.

The move came after Future group firms defaulted on loans taken against the pledged shares of Future Retail in March, which also impacted its share price.

Production cuts will be most in premium product portfolio as companies expect consumers to curb discretionary spending as the impact of the Covid-19. Manufacturing orders fall by up to 40% year on year as they expect much of current stock to remain unsold till then, company executives said.

Demand for razors, epilators, trimmers and hair colour soars on ecomm platforms during the lockdown

Currently, owing to the ongoing lockdown, kirana (corner) stores on JioMart serve limited inventory. But that will be a thing of the past once restrictions are lifted.

The five southern states of Andhra Pradesh, Telangana, Tamil Nadu, Karnataka and Kerala together consume as much as 45 per cent of all liquor sold in the country, the report by Crisil said. While Tamil Nadu and Kerala top the list in revenue percentage terms at 15 per cent each, for Kerala the tax on liquor is its single largest revenue source.

The coronavirus crisis is expected to lead to a spate of mergers and acquisitions of weakened brands, the closure of single-brand stores and reshaping of already suffering U.S. department stores, D'Arpizio said. Customers are also likely to emerge from global lockdowns with a new set of priorities.

“The idea of store-on-wheels is that customers should not feel suffocated that they can’t go out and shop, and feel the same pleasure right at their doorsteps,” said Vishnu Prasad, managing director of Future Lifestyle Fashions that owns Central and Brand Factory.

Major retail chains including Viveks, Shahs, Girias, Vasanth and Co are among the signatories of the letter, which fears job losses might start impacting one lakh of families, besides a steep drop in direct and indirect tax revenues to the state.

The order directed pubs, clubs, bars and lodges to allow only one customer to enter their respective premises at a time and leave soon after purchasing liquor at the maximum retail price (MRP).

Recruitment experts at Manpower, KellyOCG, PeopleStrong, and Xpheno predict that even as many sectors see widespread layoffs, there will be a silver lining in sectors like edtech, ecommerce/internet, transport and logistics, as well as pharma that continue to hire.

Ueberschall has announced the release of Latin Brasil Beats, a new title in the Multitrack Drum Loop Series which provides the authentic vibrance and groove of Latin rhythms. The library is built from 10 GB of sample data and contains more than 3,800 individual loops divided into sixteen performance-based folders. Each folder features multiple parts […]

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UJAM has announced the release of its new virtual electronic drum instrument Beatmaker VICE, a plugin that features drum machine samples from the 1980s processed to 21st century sound standard. The instrument allows you to produce nostalgic beats that pack a punch with ready-made patterns and proprietary mix and effect automation. Inspired by some of […]

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Wavesfactory has announced the release of an accordion collection of Native Instruments Kontakt. Le Parisien is based on three accordions, with a faithful recreation of the sound and behavior of the real instruments. The library features Rouge, Blanc and Noir accordions, each one of them sampled with all registers, giving different sound characteristics, and mechanical […]

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Toontrack has announced the official list pricing information for EZbass as well as a new video presenting an in-depth look at the features of the program. As announced earlier, EZbass will be available on May 19th and is Toontrack’s highly anticipated bass software instrument as well as the next core title in the company’s widely […]

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HighLife Samples has announced the release of a new sample pack by Planet Samples. Trance Vocals Vol. 2 includes 5 vocal construction kits for your next Trance production. The royalty free pack includes dry and wet vocals for each kit, over 20 instruments loops, and 20 MIDI files. For producers looking to simply drag and […]

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Cinetools has released its new Trailer Cue Series sample library Metropia, a collection of dark sci-fi thriller cues that offers you an insight into the new cybernetic world full of avant-garde technology. The pack is geared towards surreal sci-fi projects, suspicious and engaging scenes, and background music for an utopian world. “Metropia” featuring high-end trailer […]

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Arovane has announced the release of the Spectral 2 soundset, a fresh collection of 64 sounds for the popular Serum wavetable synthesizer by Xfer Records. The pack comes with 35 customized wavetables and 20 samples for the noise oscillator. Available for 19 EUR, Spectral 2 includes: 20 pads. 16 plucks. 13 soundscapes. 6 sweeps. 4 […]

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BOOM Library has announced the release of its brand-new software plugin Grip, a collaboration with Pole Position Production. Grip lets you create dynamic and authentic skids, bumps, friction, rolling noises and much more with a variety of wheel configurations, ground materials and perspectives. Load Grip in your DAW of choice and design tyre and chassis […]

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Audified has released its new audio effect VocalMint Saturator, an easy-to-use single knob vocal saturator with powerful processing hidden under the hood. Most one-knobs do one thing and one thing only: they linearly mix in a certain effect to your track. However, VocalMint runs the track through its virtual signal chain and tunes multiple parameters […]

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Sugar Bytes has released an iPad version of its Looperator 16-step sample slicer and creative multi-fX sequencer. The wide range of effects, its quick and intuitive interface and extensive randomization make it easy to design subtle rhythmic enhancements or impressive effect pyrotechnics. Looperator chops up your audio and turns it into something new. In the […]

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Looptone has released its new sample library for epic-scale trailer soundtrack production Leviathan Hybrid Trailer, a collection that combines orchestral and electronic sound design techniques. The pack is aimed at anyone looking to evoke that modern trailer sound, be it for actual soundtrack scoring or as a flavor enhancer in dance and pop production. This […]

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W.A. Production has released its new audio plugin Punchy Worm, a one-knob punch and saturation effect with a dancing worm. At W.A. Production they’re serious about music and over the last few years, they’ve created many top-quality plugins with finely tuned controls and pro studio features. But sometimes they just like to go a bit […]

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Ampify is the name behind the iOS apps Launchpad, Blocs Wave and Groovebox, which have together amassed over 15 million downloads. Ampify now brings you its latest music-making software, Ampify Studio, available for free on MacOS and Windows. After announcing Ampify Studio at NAMM 2020 in LA and releasing as public beta software, Ampify Studio […]

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Impact Soundworks has launched its free video series Impact Soundworks Academy, delivering lessons and tutorials on a wide range of music production, composition, and business topics, created by professionals and experts. The series aims to give you immediate, practical, and actionable knowledge you can use to improve your music, your workflow, and your career. In […]

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Native Instruments has announced the release of three expansions for its Massive X flagship software synthesizer. Rush, Pulse, and Scene each contains 150 presets for the synth tailored toward a certain sound, created by expert sound designers who were involved in the development of Massive X and the creation of its factory library. Made for […]

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Softube has introduced its new Preset Collection, bringing various improvements to the tool to organize your Softube presets. There is more to a great plug-in than the sound quality it imparts on your tracks. Workflow and user-friendliness are arguably equally important. To that end, we are proud to finally announce the completely overhauled Preset Collection, […]

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