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The food processing ministry on Thursday sent an advisory to states under a nationwide lockdown to allow manufacturing, transport, distribution and retail of packaged foods and beverages amongst others—a move that’s expected to help companies like PepsiCo, Coke, and Nestle.


Many packaged foods and beverage companies have had to suspend production and distribution of their products due to the lockdown and confusion in what constitutes essential food items.


Pushpa Subrahmanyam, the food processing secretary, said in a communication that in understanding food, the definition of “food” would be as per the Food Safety and Standards Act of 2006 under which any packaged or loose food article would be defined as a food product. As a result, manufacturing, transportation, distribution and retail of packaged foods and beverages, milk and milk products which include bakery and dairy, animal feed, pet food, infant and baby food, tea

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The Indian rupee surged by another 78 paise to 75.16 (provisional) against the US dollar on Thursday after Finance Minister Nirmala Sitharaman announced various welfare measures to tide through the coronavirus crisis.


Finance Minister Nirmala Sitharaman on Thursday announced a relief package for the poor and migrant workers in the country in light of the 21-day lockdown in the country to tackle the challenge posed by the coronavirus (Covid-19) pandemic.


Forex traders welcomed the government initiatives and said the revival of the economy though welfare measures was very much needed as the slowdown in demand was further hit by the pandemic.


ALSO READ: Coronavirus LIVE: Govt presents Rs 1.7 trn relief plan for poor in lockdown



The rupee, which opened on a positive note at 75.90, settled for the day with gains of 78 paise at 75.16 against the American

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Trying times demand innovative measures for online and social media marketers.


6 min read

Opinions expressed by Entrepreneur contributors are their own.


Yup, things have changed. You don’t have the same resources you had a few weeks ago, and your kids are now your most unproductive co-workers ever — with no HR department to complain to. So, what can you do when you don’t have the resources you’re used to? You get resourceful. 

The “stuck at home” status is not a roadblock telling you to retreat from your goals and dreams. This is simply a detour and a reason to find another path to success, one that you can navigate without getting out of your pajamas. Seize the opportunity. Despite the challenges we’re all experiencing right now, there are many.

If you’ve been waiting for that “perfect time,” now is it, so start something new for your

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COVID-19 is presenting major challenges to people and organizations around the world. As governments consider the new rules and policies needed to protect their citizens, business leaders are also managing the crisis on behalf of their employees, customers, and stakeholders.

They are confronting immediate concerns, taking steps to ensure people’s physical and emotional well-being and their organization’s ability to weather unprecedented levels of uncertainty. In a PwC survey of CFOs conducted during the week of March 9, more than half said the outbreak could have a significant impact on their business operations (54 percent) and decrease their revenue or profit (58 percent). Business leaders are also preparing for the new normal, by considering the capabilities they’ll need in order to emerge stronger on the other side.

We know that many companies have worked on contingency plans during the last few years, to be prepared for various types of geopolitical or

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Stocks climbed on Wednesday after U.S. lawmakers agreed on a $2 trillion stimulus bill to buttress the economy against the novel coronavirus.


3 min read


This story originally appeared on Business Insider

Global stocks rose on Wednesday after U.S. lawmakers reached terms on a $2 trillion stimulus package intended to shore up the U.S. economy against the novel coronavirus pandemic. The gains followed a historic rally on Tuesday, which saw the Dow Jones Industrial Average surge more than 11% — its biggest percentage gain since 1933.

The Senate is set to vote on a bill that would provide around $500 billion in loans and other assistance to companies and state and local governments, grant north of $350 billion in aid to small businesses, and earmark $150 billion for hospitals and other healthcare providers, according to Bloomberg.

The proposed legislation would also deliver $1,200 checks to lower-

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Benchmark indices zoomed up to 7 per cent on Wednesday to post their biggest one-day gain in terms of percentage as investor sentiment got a boost by gains in global markets amid reports that the US officials have reached a deal on a $2 trillion package to fight economic fallout from coronavirus (Covid-19) pandemic. Further, hopes of domestic stimulus also helped improve sentiment.


The S&P BSE Sensex rallied 1,862 points or 7 per cent to settle at 28,536 levels. Reliance Industries (RIL) emerged as the top performer on the index wth the gain of 14.65 per cent. In the intra-day session, the stock zoomed 20 per cent on reports that US tech giant Facebook is looking to buy a multiillion-dollar stake in Reliance Jio. India’s fastest-growing network, Jio, has over 370 million subscribers. READ MORE



Other major contributors to the index’s

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