Electronic items like the mobile phones, TVs, laptops will be available on the e-commerce platforms from April 20, the official said. However, the delivery vans of the e-commerce companies will need permission from authorities for plying on the roads. According to Wednesday's guidelines, commercial and private establishments were allowed to operate during the extended lockdown.

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.

Tour operators estimate January-March quarter earnings could fall by more than 60 per cent.

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.

The ministry said the webinar series will provide information on the many destinations and the 'depth' and 'expanse' of the culture and heritage of India. The first webinar on Tuesday touched upon the history of Delhi and was titled " City of Cities- Delhi's Personal Diary'.

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.

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.

Digital wallets need to look beyond purely functional benefits to catch on in India, argues Leo Burnett’s Dheeraj Sinha.

It has been billed as the 'WhatsApp of money'.

Nevermind the short-term hype. Banks believe they will be the last men standing in the payment wars.

A move to reduce active offline banking in the country resulted in the extreme opposite, at least in the short term.

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

Now, wire makers want their spot in the light after providing us safe ways to light our homes.

From the glow of the once-admired brand the venture has seen its stock slip and slide.

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

The Micromax chief is not unnerved with the over-the-top aggression of Chinese rivals who have been 'burning' money on a marketing blitzkrieg.

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.

IBM salesmen to now recommend Apple devices to their healthcare & banking clients

Huatong Road & Bridge Group Co, based in the northern province of Shanxi, said it may miss a 400 million yuan ($64.5 million) note payment due July 23.

By comparison, the US had a 260% total-debt-to-GDP ratio in 2013 and Japan has 415%, according to the Financial Times.

Opening of the Saudi stock market would be a major positive for the Middle East North Africa (MENA) region, with a total market capitalisation expected at $1.2 trillion.

China shares rose sharply as investors plowed into blue chips, cheered by progress of a trading plan that will soon make it much easier for foreigners to buy Shanghai stocks.

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.

In his latest note, Jonathan Krinsky of MKM Partners, uses parable of the boy who cried wolf to describe the past year and a half of action in the stock market.

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.

Thanks to the increasing penetration of smartphones India is transitioning from a 'mobile first' to 'mobile only' country.

"We want it to be a fusion of the best of the two cultures, rather than a Diageo-sation of USL."

Rules are created to protect organisations. Some rules create efficiency while others de-risk the company.

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.

Global M&A volume at USD 4.86 trillion in 2015 was the highest on record for any year, surpassing the previous record of USD 4.61 trillion in 2007.

Kalyan Jewellers has committed Rs 20 crore towards the initiative as part of its endeavour to support the communities with which it operates its business, it said.

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.

Gross debt at Indian Oil, the nation’s largest refiner and fossil fuel retailer, has risen from ₹86,400 crore at the beginning of 2019-20 to ₹1,16,000 crore at the start of 2020-21. About 50% jump in debt in the January-March quarter came following the weakening of demand due to the Covid-19 pandemic, dividend outflow and delay in fuel subsidy transfer by the government.

Petrol in Delhi now costs Rs 71.26 a litre as against Rs 69.59 previously, oil industry sources said.

The increase in excise comes amid crude oil prices still remaining at relatively lower levels of $23.86 a barrel, compared to peak level prices.

The move follows the Centre's decision on Tuesday to increase excise duty on petrol by a record Rs 10 per litre and Rs 13 per litre for diesel. The hike, however, did not push up fuel prices as global oil prices have dropped to a nearly two-decade low.

Vedanta plans to sell a minority stake in its Indian oil unit have stalled after a collapse in crude prices.

The tax hike will generate an additional revenue of Rs 100 crore for the UT administration in 2020-21. After the revision in prices, petrol in the city now costs Rs 68.62 a litre, a hike of Rs 2.8, and diesel Rs 62.02 per litre, an increase of Rs 2.72.

The ministers also reviewed ongoing projects and plans including the participation of Indian companies such as Indian Oil Corporation in Russias state-owned Rosneft’s Vostok oil project in the Russian Arctic, Novatek’s deal to supply of LNG to H-Energy, cooperation between Gail and Gazprom.

Auditors and company executives told that higher provisioning may be necessary as the pandemic-induced sharp dip would have increased difficulties for these businesses already hit by the ongoing slowdown. In many cases, auditors have asked companies to provide up to 50%.

Reliance, Paytm & BSE are among those interested in securing licences to run an entity with powers like NPCI.

In addition to the Rs 1,600 crore liquidity position, the company said it has undrawn sanctions of Rs 900 crore as on March 31, 2020. The Gurugram-headquartered micro lender also said that it will offer moratorium to all the existing borrowers across India.