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$The protests have affected the tour bookings as well. \Travellers are postponing their current plans due to safety concerns. We have seen a 20-23 per cent month-on-month fall in bookings in the affected cities in December, Aloke Bajpai, co-founder & CEO, Ixigo.$ Business

Train bookings drop 50 per cent over protests

Travel in general and train travel in particular has been affected by the protests against Citizenship Amendment Act.

28 Dec 2019 2:21 AM IST

Several hyper local startups like BigBasket, Zopper, Swiggy and Dunzo along with ecommerce giants like Amazon and Flipkart are investing heavily in logistics and mobile technology to capture this massive opportunity.

Hyper local business to drive e-commerce

Mobile Commerce is turning out to be a significant extension with the potential to outgrow e-commerce in terms of sales.

27 Dec 2019 2:35 AM IST

Cloud computing has reduced the costs even further with all your work being now stored online, you no longer need to spend as much on storing data.

Smaller cities become bigger targets of cyber criminals

According to Sophos, in 2020, ransomware will raise the stakes by changing or adding traits to confuse some...

24 Dec 2019 4:36 AM IST

According to rating agency Icra, the GST compensation requirement of nine large states--Karnataka, Kerala, Gujarat, Maharashtra, Punjab, Haryana, Rajasthan, Tamil Nadu and West Bengal-- will double from Rs 36,100 crore in FY19 to Rs 60,000-Rs 70,000 crore in FY20.

Kerala seeks better data access to get out of GST compensation

Kerala said that it wants to be out of the GST compensation for FY20.

20 Dec 2019 2:16 AM IST

According to her, more than 8,000 exporters are facing this working capital crunch.

Apparel exporters await Rs 5,000 crorere funds

The Merchandise Exports from India Scheme (MEIS) was discontinued from August 1.

20 Dec 2019 2:08 AM IST

Spot gold price for 24 Karat in Delhi fell by Rs 166 with sell-off in international gold prices, HDFC Securities Senior Analyst (Commodities) Tapan Patel said. (Photo: Representational)

Duty-free import of gold, silver restricted

Since 2017, the import of duty-free gold has been going up. As per WTO norms, India cannot apply duties on select...

19 Dec 2019 5:22 AM IST

Driven by emerging markets, global life insurance premiums are expected to grow faster in 2019-20 and above the annual average of 10 years. Non-life premiums too are likely to grow higher than the historical average.

India is tenth largest life insurance market

India-'s inflation-adjusted real life premium grew 7.7 per cent in 2018 against the global growth of 0.2 per cent.

17 Dec 2019 12:52 AM IST

In India, banks will face the maximum pressure on income from card transactions and fees, with free payments putting 8.4 per cent of the payments revenue at risk.

Small finance banks see 130 per cent growth in deposits

Traction in term deposits increased and savings deposits were converted to term deposits owing to the high rates offered...

14 Dec 2019 1:11 AM IST

The industry has been going through a tough time since the introduction of GST.

Textile sector gets low credit

According to the industry data, overall textile exports have been shrinking month after month for quite some time.

14 Dec 2019 1:08 AM IST

Of every 50 kgs of onions, at least 15 kgs are either soiled or rotten.

Indiaâ€™s onion output may remain 20 per cent lower than last year

Onion prices had crossed Rs 150-200 per kg in some cities and are now back to Rs 100 per kg.

14 Dec 2019 1:03 AM IST

The Indian diamond processing companies have been finding it difficult to avail finance from the formal banking sector since the Nirav Modi-PNB scam.

Nirav Modi scam hits rough diamonds

Global rough diamond sales to dip 25 per cent.

14 Dec 2019 12:58 AM IST

At present, the 5 per cent goods and services tax (GST) slab includes essential commodities such as food items, footwear and basic clothing.

E-invoicing to help save on GST filing

From April 1, 2020 or by the beginning of next fiscal, e-invoicing will be mandatory for all companies with turnover of...

13 Dec 2019 2:45 AM IST