Hit hard by the Covid-19 pandemic, Zomato CEO Deepinder Goyal on Friday announced to lay off nearly 13 per cent of its workforce; over 600 employees, via Zoom calls, along with salary cuts for the rest of the employees for at least the next six months starting June, with higher cuts going up to 50 per cent for people in senior roles. ....

The key Indian equity indices fell on Friday morning with the BSE Sensex falling below the psychological 31,000 mark. ....

Sensing adverse impact on the livelihood of street vendors due to COVID-19 pandemic, the Centre on Thursday announced Rs 5,000 crore special credit facility to benefit nearly 50 lakh such vendors. ....

Union Finance Minister Nirmala Sitharaman said, here on Thursday, work had been offered to 2.33 crore wagers in 1.87 lakh panchayats under the Mahatma Gandhi National Rural Employment Guarantee Act. ....

Union Law Minister Ravi Shankar Prasad on Thursday alleged that the Congress was trying to save fugitive diamantaire Nirav Modi by assigning a former judge to defend the businessman in court. ....

Fugitive Indian businessman Vijay Mallya again urged the central government on Thursday to unconditionally accept his offer of bank loan repayment and close the case against him. ....

The UN has welcomed India's Covid-19 mega-stimulus package, calling the largest among developing countries, even as it slashed its growth rate for this fiscal year to 1.2 per cent. ....

National passenger carrier Air India will operate special domestic ferry flights for only those passengers who have been repatriated under the "Vande Bharat" mission. ....

Finance Minister Nirmala Sitharaman on Wednesday announced a Rs 30,000 crore special liquidity scheme for non-banking finance companies (NBFCs), housing finance companies (HFCs) and micro-finance institutions (MFIs). ....

Finance Minister Nirmala Sitharaman on Wednesday announced collateral free automatic loans for businesses including MSMEs up to Rs 3 lakh crore. ....