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The major brands are moving from malls to isolated shops.

The crisis of Lockdown made major brands shifting to the Indian retail sector to smaller retailers. With the uncertainty of the return of the malls, the business model is ready to take off. Experts estimate that the same threat posed by malls is for restaurants. Experts say that after the lockdown, the restaurant business is only 30-40% older than it used to be.

വിദേശ വിപണികള്‍ കീഴടക്കാന്‍ ഖാദി മാസ്‌കുകള്‍

വ്യാപക ജനപ്രീതി നേടിയ ഖാദി മാസ്‌കുകള്‍ ആഗോളശ്രദ്ധയിലേക്ക്. എല്ലാത്തരം നോണ്‍ മെഡിക്കല്‍, നോണ്‍ സര്‍ജിക്കല്‍ മാസ്‌കുകളുടെ കയറ്റുമതിക്ക് ഏര്‍പ്പെടുത്തിയിരുന്ന നിരോധനം വാണിജ്യ, വ്യവസായ മന്ത്രാലയം നീക്കുക കൂടി ചെയ്തതോടെ ഖാദി കോട്ടണ്‍, സില്‍ക് മാസ്‌കുകള്‍ വിദേശ വിപണികളില്‍ വന്‍ തരംഗമാക്കാനുള്ള സാധ്യത തേടുകയാണ് ഖാദി വില്ലേജ് ഇന്‍ഡസ്ട്രീസ് കമ്മീഷന്‍ (കെവിഐസി). ഡയറക്ടര്‍ ജനറല്‍ ഓഫ് ഫോറിന്‍ ട്രേഡ് (ഡിജിഎഫ്ടി) മെയ് 16ന് ഇതു സംബന്ധിച്ച് വിജ്ഞാപനം പുറപ്പെടുവിക്കുകയും ചെയ്തു.

MIZONE provides technical assistance to enterprises...

The Malabar Innovation Entrepreneurship Zone in Kannur is going to provide a helping hand to those who are doing  traditional business and returning from the Gulf to start their own business.  While most enterprises have technology platforms and other tools available for digital transformation in any enterprise, lack of knowledge in using new technology, inability to pay constant attention, inadequate back-office, most traditional businesses Causing the sector to fail.

KVIC comes forward to hand-hold local production...

The Khadi and Village Industries Commission decided to hand- hold  “vocal for local” and further making it “global”. A day after the Prime Minister’s appeal for encouraging local products, the KVIC issued a slew of guidelines to expedite the implementation of projects under the flagship program PMEGP. 

Bharat Market; New e-commerce platform coming up in India.

A new e-commerce platform is coming up with the challenge  for Flipkart, Amazon and the new upcoming Jiomart with Facebook partnerships. The Confederation of All India Traders (CAIT) brings together e-commerce retailers across the country under the name Bharat Market (bharatemarket.in).

The CAIT had earlier hinted that the Department for Promotion Industry and Internal Trade (DPIT), in cooperation with the DPIT, would facilitate the introduction of small traders and grocers under one roof.

റബ്ബര്‍ബോര്‍ഡ് കമ്പനികള്‍ റബ്ബര്‍ സംഭരിക്കും

കോവിഡ് 19 മൂലം പ്രതിസന്ധിയിലായ ചെറുകിടറബ്ബര്‍കര്‍ഷകരെ സഹായിക്കുന്നതിനായി റബ്ബര്‍ബോര്‍ഡ് റബ്ബര്‍വിപണിയില്‍ ഇടപെടുന്നു. റബ്ബര്‍ബോര്‍ഡിന്റെയും റബ്ബര്‍ ഉത്പാദകസംഘങ്ങളുടെയും  ഉടമസ്ഥതയിലുള്ള കമ്പനികള്‍ മുഖേന കര്‍ഷകരില്‍നിന്ന് നേരിട്ട് റബ്ബര്‍ഷീറ്റ് സംഭരിക്കുന്ന പദ്ധതിക്കാണ് റബ്ബര്‍ബോര്‍ഡ് രൂപം നല്‍കിയിരിക്കുന്നത്. കോവിഡ് നിയന്ത്രണ മാര്‍ഗ്ഗരേഖകള്‍ പാലിച്ചുകൊണ്ട് ശനിയാഴ്ച (25 ഏപ്രില്‍ 2020) മുതല്‍ സംഭരണം തുടങ്ങാനാണ് തീരുമാനിച്ചിട്ടുള്ളത്.

Gold Bond Investment: Discount for online investors...

Applications for the first Gold Bond sale began this fiscal. The first phase of the sale ends on April 23rd. The bond certificate issuance is April 28. The issue price is Rs 4,639 per gram. The government will make reduction of 50 rupees per gram for those applying online and paying digitally. For such investors, the bond price will be Rupees 4589.

Lockdown; Time to renew the Insurance has Extended ...

Time to renew vehicle insurance policy has extended. The Department of Transportation has announced that drivers licenses, vehicle registration, fitness and permits for other driving licenses, which expire on or after February 1, should be considered by June 30.

In a statement, the Ministry of Transport said the decision was taken due to the difficulties faced by the people in this regard. The Ministry of Finance and Planning said that the period till April 21 for renewal of insurance policies, which expire or renew from March 25 to April 14, has been extended.

ബീഡി-ചുരുട്ട് തൊഴിലാളി ക്ഷേമപദ്ധതി: സാക്ഷ്യപത്രം ഇ മെയില്‍ ചെയ്യണം

കേരള ബീഡി-ചുരുട്ട് തൊഴിലാളി ക്ഷേമപദ്ധതിയില്‍ 2020 ഫിബ്രുവരി വരെ അംശാദായം അടച്ച് അംഗത്വം നിലനിര്‍ത്തിയിട്ടുള്ള രജിസ്‌ട്രേഡ് തൊഴിലാളികളുടെ  പേര് വിവരം,ക്ഷേമനിധി അംഗത്വ നമ്പര്‍, ബാങ്ക് അക്കൗണ്ട് നമ്പര്‍,ഐ.എഫ്.എസ്.സി. കോഡ്, ആധാര്‍ നമ്പര്‍ എന്നീ വിവരങ്ങള്‍ ബന്ധപ്പെട്ട സ്ഥാപനമുടമകളുടെ സാക്ഷ്യപത്രം ഉള്‍പ്പെടെ ഏപ്രില്‍ 20നകം  ഇ മെയില്‍ ചെയ്യണം. സ്വയം തൊഴിലില്‍ ഏര്‍പ്പെട്ടിരിക്കുന്നവ അംഗത്വം നിലനിര്‍ത്തിയിട്ടുള്ള തൊഴിലാളികളും  നിര്‍ദ്ദിഷിട ഫോറത്തിലുള്ള അപേക്ഷ പൂരിപ്പിച്ച് ഏപ്രില്‍ 20നകം അയക്കണം. ഇ മെയില്‍ വിലാസം  beedi.worker@gmail.com

 

ICICI Bank to provide essential services through WhatsApp.

ICICI Bank provides banking services to customers through WhatsApp in the event of lockdown. With this service, retail customers can check their savings account balance, last three transactions, and credit card limits and know the details of pre-approved loan offers.

ICICI Bank Executive Director Anup Bagchi said, "Credit and debit cards can be blocked / unblocked in a secure manner." Customers can also view the details of the three most recent ICICI Bank ATMs and branches. This enables retail customers to have their own banking needs at home without having to visit the branch.

Airtel has extended its term of prepaid plans till April 17.

Bharti Airtel extends pre-paid plans till April 17. Airtel has announced it due to the  three-week lockdown in the country, targeting low-income earners.

Airtel will also offer a talk time of ten rupees. Eight million consumers will benefit from it. This benefit will be available within 48 hours. Prime Minister Narendra Modi announced the lockdown on March 25 due to the Covid epidemic.

 

No currency shortage in the country: SBI.

The country's largest public sector bank, SBI, has said that the country is not facing currency shortage in the wake of the lockdown. All the currency chests of SBI have been filled. The bank has 58,000 ATMs in the country. Money is exactly filling in everything. SBI said it has also secured the services of 62,000 business correspondents. The possibility of shortage is not in this situation.

Government asks distilleries to maximize manufacture of hand sanitizers.

Central and State Governments are taking all steps to ensure supply of essential items during the lockdown to combat the novel Corona virus. In order to prevent spread of corona virus, hand sanitizers are used by public, health workers, hospitals etc.

Relief measures relating to Statutory and Regulatory compliance matters across Sectors.

The Union Finance & Corporate Affairs Minister Smt. Niramla Sitharaman today announced several important relief measures taken by the Government of India in view of COVID-19 outbreak, especially on statutory and regulatory compliance matters related to several sectors. While addressing the press conference through video conferencing here today, Smt. Sitharaman announced much-needed relief measures in areas of Income Tax, GST, Customs & Central Excise, Corporate Affairs, Insolvency & Bankruptcy Code (IBC) Fisheries, Banking Sector and Commerce.

Invest India Business Immunity Platform launched.

Invest India, India’s national Investment Promotion & Facilitation Agency, under the Ministry of Commerce and Industry has launched The Invest India Business Immunity Platform. The platform, hosted on the Invest India website, is designed as a comprehensive resource to help businesses and investors get real-time updates on India’s active response to COVID-19 (Coronavirus).

Propsal for Goods train to deliver essential goods in Kerala

The districts of Kerala being partially closed, freight movement of the lorry is declining. This has added momentum to the fact that many lorry drivers are reluctant to return to work in the corona panic. The All Kerala Consumer Goods Distributors Association is coming up with a proposal to utilize the goods train facility to deliver essential goods.

Railway tracks are running out of passenger trains in the country. The freight trains can reach the airport in a short time. Says Association President CE Chackunny.

TRIFED Launches transformational “Tech For Tribals” program.

A game changing and unique project aimed to transform 5 crore Tribal Entrepreneurs under the name “Tech for Tribal” has been launched by TRIFED. It was launched by TRIFED and IIT-Kanpur along with IIT-Roorkee, IIM Indore, Kalinga Institute of Social Science, Bhubaneshwar and SRIJAN, Jaipurin the first phase of organising tribal entrepreneurship and skill development program.

Markets slide: SBI card's gains could not be sustained.

Investors were disappointed that SBI Cards and Payment Services would follow IRCTC's success story, which delighted investors with a double gain in ten days at the time of listing. SBI Cards and Payment Services has been troubled by the listing, which has come amid a sell-off that frightened Corona.

Shares of the company were trading 658 points lower at Rs 755 this morning. At noon, they rose to 728. Earlier this month, SBI Cards' IPO was a huge success with a 26-fold subscription. Many have applied for IPOs, hoping for better results than IRCTC. 

Steps to boost domestic investments in India

Under the scheme of Investment Promotion, Department for Promotion of Industry and Internal Trade supports Sectoral Ministries and State Governments for organizing investment events, summits, road-shows and other promotional activities. Continuous efforts are made by Ministries and States for Facilitating investments besides handholding services to such investors. Recently the Government has taken various steps in addition to ongoing schemes to boost domestic investments in India.

Heavy loss due to Corona fears in retail marketing.

Despite the economic crisis, shopping malls, movie theatres and cafes were half the size. But nowhere are the reports of the Covid panic retail sector hit. The business of malls and restaurants across India alone has fallen by 15 to 25 percent. This was mainly due to the reduced number of visits to the malls and the closure of movie theatres. The Health Department's directive to be vigilant in areas where people are most likely to visit has affected the trade in many places. According to KFC India's Managing Director Samir Menon, sales have fallen by 25 per cent in the last fortnight. 

'Vivad Se Vishwas' Plan: Income Tax Department with awareness campaign.

The Income Tax department has so far approached 5,627 firms and individuals with the suggestion to take advantage of the 'Vivad Se Vishwas' scheme, which was set up to resolve tax dispute cases pending before March 31. This includes many large taxpayers. The Income Tax Department, including foreigners, is contacted by letters and phone calls.

Apple will launch an Online store in India this year.

Apple, the maker of iPhones and iMac computers, will open an online store in India later this year. Consumers can buy retail outlets of Apple products directly from the company, said Tim Cook, chief executive officer. 

He said that Apple is working with the government to get the approval it needs. He expressed confidence at a shareholders meeting in California that approval would soon be granted. The first outlet in India is expected to be in Mumbai. In August last year, Apple expressed interest in launching retail operations in India. 

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