Illustration: Rahul Awasthi Three weeks after restrictions on shipping non-essential goods were reversed, sellers on leading e-commerce marketplaces Flipkart and Amazon continue to curb their product selection compared to the period before the Covid-19 pandemic. The key reasons for this have been acute working capital, labour and raw material shortages, and unpredictable demand. “Our sellers […]
Archives for June 2020
Five out of ten urban consumers to cut spending: EY report
At least five out of 10 urban consumers will continue to cut back on spending as economic recovery and market normalisation are unlikely before March next year, according to a report by Ernst & Young, based on global trends and primary research data. The report was shared exclusively with ET. Most consumers will trade down […]
Five out of ten urban consumers to cut spending
At least five out of 10 urban consumers will continue to cut back on spending as economic recovery and market normalisation are unlikely before March next year, according to a report by Ernst & Young, based on global trends and primary research data. The report was shared exclusively with ET. Most consumers will trade down […]
Harvard professor indicted for allegedly making false statements about secret work in Wuhan
Charles Lieber, the chair of Harvard University’s chemistry and chemical biology department, is released from John Joseph Moakley United States Courthouse in Boston on Jan. 30, 2020. Jonathan Wiggs | The Boston Globe via Getty Images WASHINGTON — The Justice Department announced the indictment of a Harvard professor after he allegedly made false statements to federal […]
Airlines heading for $84 billion loss this year – IATA
PARIS (Reuters) – Airlines are set to lose $84 billion as the coronavirus pandemic reduces revenue by half to mark the worst year in the sector’s history, the International Air Transport Association (IATA) forecast on Tuesday. With most of the world’s airliners currently parked, IATA said revenue would likely fall to $419 billion from $838 […]
Rules proposed for direct primary care arrangements, health care sharing ministries
The IRS issued proposed rules (REG-109755-19) on the treatment of amounts paid for certain medical care arrangements, including direct primary care arrangements and health care sharing ministries. Sec. 213 allows individuals to take an itemized deduction for expenses for medical care, including insurance for medical care, to the extent the expenses exceed 7.5% of adjusted […]
Twitter extends its Stories-like feature ‘Fleets’ to India
Twitter is rolling out its ephemeral tweets experiment “Fleets” to India, which allows users to share text, photos, and videos that disappear within 24 hours. These Fleets don’t get retweets, likes or public replies and people can only react to them with direct messages, similar to how Stories on Snapchat or Instagram function. Users will […]
Amazon woos businesses with discounts as they reopen
Amazon India is looking to tap into demand for safety equipment, office supplies and more as businesses begin to reopen after almost two months of lockdowns implemented to stop the spread of the Covid-19 pandemic. The company, through its business-to-business (B2B) marketplace, is offering a curated selection of goods that small and medium business would […]
ETtech Top 5: Startups aid safe reopening, job market woes, Esops relief & more
Happy Tuesday! From tracking entry of people inside an elevator to keeping an eye on those who aren’t wearing masks, Indian startups are not letting the Covid-19 crisis go to waste. As offices and malls reopen across the country, many startups have come up with technology-based solutions to handle crowding and maintain physical distancing. Social-distancing […]
Overcome Privacy Shaming During and After Pandemic
COVID-19 is reshaping the privacy landscape and calibrating priorities, but how long will it last? From unprecedented demands for personal data, to new public-private data sharing alliances, responses to the coronavirus (COVID-19) pandemic have quickly elevated community health over data privacy. But the question remains: Will these priorities shift enterprise and consumer privacy practices moving […]