Business

• Maruti Suzuki Extends Free Service, Warranty Period for Customers
  
  Automoile major Maruti Suzuki India has extended 'free service, warranty' to customers in the light of the second Covid-19 wave.
• India's March Industrial Output Zooms on Low Base Effect
  
  Low base effect from last year's nationwide lockdown powered the growth of India's industrial output in March.
• Retail Inflation Eases to 4.29% in April as Food Prices Fall
  
  Lower food prices sequentially eased India's retail inflation in April as the Consumer Price Index (CPI) decreased to 4.29 per cent from 5.52 per cent in March.
• Covid Accelerates AI Rollout at Indian Firms: IBM
  
  More than 1 in 2 (53 per cent) of Indian IT professionals say that their company has accelerated the rollout of artificial intelligence (AI) based technologies due to the COVID-19 pandemic, an IBM survey revealed on Tuesday.
• Smart Power India Supports 2,412 Micro Firms with Reliable Electricity
  
  Smart Power India said that its Micro Enterprise Development (MED) programme has helped transform 2,412 commercial and micro entrepreneurs in rural India, across the states of UP, Bihar, Jharkhand as of April, through reliable electricity access.
• 2nd Wave of Covid Threatens Economic Growth: Crisil
  
  The second wave of novel coronavirus threatens the economic growth of India, said a Crisil report.
• Reliance One of the Biggest Donors in India Inc Covid Relief Response
  
  Mukesh Ambani's Reliance Industries Ltd (RIL) and Reliance Foundation are among the largest donors as India Inc steps up relief efforts in the second wave of Covid hitting India.
• 'Centre, States Need to Bolster RBI Steps via Vaccination, Better Health Infra'
  
  SBI report has commended measures taken by the Reserve Bank of India (RBI) amid the pandemic to support the economy
• Revenue Deficit Grant of RS 9,871 CR Released to 17 States
  
  The Union Finance Ministry on Thursday released the 2nd monthly installment of Post Devolution Revenue Deficit (PDRD) Grant of Rs 9,871 crore for the year 2021-22 to 17 states.
• Delhi's IGI World's First Airport to Register 1K TaxiBot Movements
  
  The national capital's IGI airport on Thursday said it has completed 1,000 movements of sustainable taxing of aircraft with 'TaxiBot'.
• Non-residents Will Be Taxed If Transaction Value Exceeds RS 2 Cr
  
  Non-residents undertaking transactions with Indian parties will trigger taxability under the domestic law in India even if they do not have physical presence in the country and operate digitised businesses.
• RBI Unleashes Liquidity Support to Suppress Covid Induced Turbulence
  
  India's Reserve Bank will initiate measures to combat economic turbulence unleashed by the resurgence of Covid-19.
• High Frequency Indicators Showing Mixed Signals: RBI Guv
  
  As country battles the Covid crisis and states go for lockdowns, Governor of the Reserve Bank of India (RBI) Shaktikanta Das has said that high frequency indicators are showing mixed signals for the Indian economy.
• IndiGo Ferries over 4K Oxygen Concentrators
  
  Airline major IndiGo on Wednesday said it has transported a total of 4,142 oxygen concentrators to and across the country.
• Domestic Air Travel Recovery Delayed by 3 Months: Ind-Ra
  
  Recovery in domestic and international travel has been delayed by three and six months, respectively, due to Covid resurgence, said India Ratings and Research (Ind-Ra).
• Samsung Pledges RS 37 CR to Help India Fight Covid 2.0
  
  South Korean tech giant Samsung on Tuesday announced that it has pledged $5 million (nearly Rs 37 crore) as its contribution towards India's fight against the current surge of Covid-19 cases in the country.
• Covid disruption unlikely to impact April GST collections
  
  The optimism about possible GST collection in April, the report says, is from a healthy growth in E-way bill generation.
• Govt to Provide RS 15k Cr to States for Capital Expenditure
  
  Finance Ministry has decided to provide an additional amount of up to Rs 15,000 crore to states as interest free 50-year loan for spending on capital projects.
• International Flights Suspension Extended Till May 31
  
  India on Friday extended the suspension on international commercial flight operations till May 31, 2021.
• RBI to Conduct OMOs Worth RS 10K Cr on May 6
  
  To pump up liquidity, the Reserve Bank of India will conduct a one-day 'Open Market Operations' on May 6 to simultaneous purchase and sell government securities.
• 'Post Covid World Looks Promising for India's Food Processing Industry'
  
  The post Covid-19 world looks promising for India's food processing industry as it recalibrates itself to capitalize on increased opportunities in the industry and ears up to capture new markets, a KPMG report on Indian food processing industry said on Thursday.
• New Study Shows Spike in Digital Fraud Attempts from India
  
  TransUnion's latest quarterly analysis of global online fraud trends has found that since the COVID-19 pandemic began, fraudsters are increasing their digital schemes against businesses.
• Jio Platforms among TIME 100 Most Influential Companies
  
  Jio Platforms is among the most influential companies in the world, according to the 2021 TIME 100 Most Influential Companies.
• CAIT Seeks Action against Amazon, Flipkart over Non-essential Supplies
  
  The Confederation of All India Traders (CAIT) has written to Minister for Commerce and Industry Piyush Goyal seeking action against e-commerce majors Amazon and Flipkart over alleged supply of non-essential goods amid the Covid-19 restrictions.
• Maruti Suzuki's Standalone Q4FY21 Net Profit Down 9.7%
  
  Automobile major Maruti Suzuki India on Tuesday reported a decline of 9.7 per cent in profit during Q4FY21.

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