Page 1812 - Economy & Policy News

How auto firms plan to woo customers, motivate sales staff post lockdown

As India eases some restrictions and many automobile dealerships restart operations after over a month of keeping their shutters down, what will be the primary target for brands?

Covid-19 may force auto cos into more automation on shop-floor: EY report

There will be several changes to existing working norms and guidelines that organisations will need to abide by in order to ensure safety at the workplace, says the report

Covid-19 impact on sectors: A two-quarter wait before growth picks up

The first of a three-part series highlights the issues faced by the auto, financial services, retail, and metals sectors

Automotive sector needs to finalise digitisation roadmap post Covid-19: EY

The sector, which had a production loss of about 750,000 units, currently has unsold inventory worth Rs 20,000 crore

Automakers warn of up to 45% sales drop as economy slumps amid pandemic

SIAM, an industry trade body, says that if the economy contracts by 2% in the year starting April 1, sales of cars, trucks and motorbikes could decline.

US auto industry reopens amid concerns of second coronavirus wave

Ohio, another industrial state and key player in the US auto industry, reopened its manufacturing last week and said most retail shops could welcome customers back on Tuesday

Maruti starts to roll out cars from Manesar amid Covid-19 lockdown

The Maruti's Manesar plant has an inventory of over 20,000 ready vehicles. APL plans to load 650 cars on freight trains from Bawal in Haryana on Tuesday.

Covid-19 impact: Rolls-Royce to cut 9,000 jobs to save $1.5 bn annually

The job losses would mostly take place in its civil aerospace business

FM announces Rs 3 trn collateral free automatic loans for small businesses

Now a company can be MSME if the turnover is up to Rs 100 crore. Distinction between manufacturing and services MSMEs will be removed, she said

Fiat Chrysler in talks for $6.8 bn loan to tide over coronavirus crisis

If approved by the lender, the request will be reviewed by Italy's export credit agency SACE

Used car trade could rev up auto revival as consumer turns budget-conscious

Bookings, sales perk up for hatchbacks, cars between Rs 4 lakh and Rs 6 lakh

Investors look beyond drug makers as rush for Covid treatment hots up

A record 48 per cent of fund managers are overweight healthcare stocks, a Bank of America survey has shown

Additional Rs 40,000 cr allocated for MGNREGS to help migrants, says FM

Also, public expenditure on health will be increased, she said without giving details. Investments in grassroot health institutions to be ramped up

FM announces measures to make health infrastructure pandemic ready

Sithraman also spoke about encouraging research in healthcare and having a National Institutional Platform for One Health by the country's apex health research body Indian Council of Medical Research

Covid-19 crisis: Industry welcomes investments in health care sector

They also said the industry also needed support in view of the headwinds it faced due to Covid-19 pandemic

Well-prepared to handle any surge in Covid-19 cases: Ayushman Bharat CEO

The daily average hospitalisation has come down to around 12,000-13,000 now from about 25,000 before the lockdown, says the AB-PMJAY CEO

Harsh Vardhan set to be WHO Executive Board chairman, say officials

Vardhan would succeed Dr Hiroki Nakatani of Japan, currently the Chairman of the 34-member WHO Executive Board

Indians should be proud of 'safest app' Aarogya Setu, says MyGov CEO

There is no other app that anyone in India is using today that has greater privacy features than what Aarogya Setu has, said MyGov CEO Abhishek Singh

Ayushman Bharat beneficiaries cross 10 mn-mark; PM congratulates nation

In September 2018, PM Modi had launched the Pradhan Mantri Jan Arogya Yojana-Ayushman Bharat

Govt transfers over Rs 19,000 cr to 95.5 mn farmers under PM-KISAN scheme

Govt said that the sowing of summer crops and procurement of rabi crops were going on uninterrupted during the fourth phase of lockdown