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77% customers in India postponed decision to buy vehicle due to COVID-19: Survey

-TheNewsMinute.com A majority of respondents opted for nationalised Banks as the preferred financing option for purchasing a vehicle, the survey by CarWale revealed. Against the backdrop of the COVID-19 pandemic, online platforms have emerged as a preferred marketplace to buy vehicles digitally, according to a survey by auto research platform CarWale. The survey found that 60% of its respondents showed a willingness to buy their vehicle online,  with good deals and convenience...

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Bharat Bandh on Feb 26: Commercial markets to remain shut tomorrow -Poulomi Ghosh

-Hindustan Times As a transporter body has supported the strike on the issue of fuel price hike, E-way bill rules, 40 lakh trucks will remain off the road on Friday. Traders' body The Confederation of All India Traders have called for a Bharat Bandh on Friday protesting against the rising fuel prices, Goods and Services Tax, E-Bill etc. All India Transporters Welfare Association (AITWA) has extended support to the call for Bharat...

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Indians Work Longest, Earn Least With Virtually No Time for Leisure: ILO Report

-TheWire.in The minimum statutory wage of an Indian worker is the lowest in the world, except for some sub-Saharan African countries. New Delhi: A latest report by the International Labour Organization (ILO) has revealed that Indians are among the most overworked lot globally while earning the least minimum statutory wage in the Asia-Pacific region, barring Bangladesh, Live Mint has reported. India ranks fifth in the world among the countries with long working hours...

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Petrol, diesel price hike: RBI governor calls for reduced indirect taxes on fuel -Anulekha Ray

-Livemint.com * Central and state taxes make up for 60% of the retail selling price of petrol and over 54% of diesel * On 20 February, petrol price was hiked by record 39 paise per litre and diesel by 37 paise a litre Reserve Bank of India governor Shaktikanta Das called for reduced indirect taxes on petrol and diesel to contain the fuel prices at a reasonable level. Petrol and diesel prices in...

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Union Finance Minister Nirmala Sitharaman interviewed by Raghuvir Srinivasan, Aarati Krishnan and Parvatha Vardhini C (The Hindu Business Line)

-The Hindu No decision taken yet on which Banks will be privatised, Finance Minister says. Fresh from presenting a Budget that represents a clean break from past policies, Union Finance Minister Nirmala Sitharaman was in Chennai last weekend to hear feedback from industrialists and common citizens. “This is a Budget that was put through the wringer to ensure that every number was credible and achievable and did not reflect over-ambition,” she said,...

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