Illustration: Rahul Awasthi The government’s recent notification regulating telemedicine amid the Covid-19 pandemic has given a boost to the business of healthtech startups operating in the segment, despite certain restrictions imposed on prescribing medicines to first-time patients. mfine, 1MG, and Practo expect more hospitals and doctors to line up to teleconsult on the platforms, as […]
Archives for March 2020
Treasury yields fall with coronavirus shutdowns set to drag on
At around 3:10 a.m. ET, the yield on the benchmark 10-year Treasury note, which moves inversely to price, was lower at 0.6870% while the yield on the 30-year Treasury bond was down at 1.2634%. President Donald Trump on Sunday extended nationwide social distancing guidelines until April 30, reversing previous claims that the U.S. open for […]
Xero Tax is now live
In these times of uncertainty, we’re adapting to ever-changing situations, and we’re truly grateful to have great teams collaborating to support you and your clients. As always, we’re committed to providing tools and resources that can make things easier for you – and that’s why we’re pleased to announce the launch of Xero Tax to […]
4 ways to manage your cash flow with customer credit limits
One of the biggest issues facing small businesses globally is poor cash flow. Even before COVID-19, industry data showed that the majority of businesses who close their doors cite cash flow issues as the main reason. A Xero report published in June 2019 also showed that 30% of small business owners fear they don’t have […]
Mother Dairy seeks to use e-grocers’ network
Mother Dairy, one of India’s leading dairy companies, has written to major food e-commerce players, including BigBasket, Milkbasket and Supr Daily, to operate as a team to maintain a smooth supply of milk. Senior executives at Mother Dairy said the dairy giant is ready to increase production and use the distribution network of the online […]
E-tail to take $1 billion hit in lockdown
The 21-day lockdown will lead to a loss of at least $1 billion in gross sales as India’s largest online retail platforms like Amazon and Flipkart stop selling non-essentials till at least the middle of next month, based on current government directives. What’s of further concern is that the online retail players are expected to […]
As Covid-19 cases rise in India, tech-based health surveillance intensifies
Illustration: Rahul Awasthi Owing to the rapid rise of COVID-19 cases across the country, state governments and large municipalities are coming up with strict surveillance mechanisms to ensure that those quarantined adhere to the norms, and stay at home. Health surveillance in this context seems to be taking multiple forms — a mixture of human […]
As India connects, data loses speed
Consumers of mobile and home broadband services, especially those in urban areas, have seen their network speeds slow down by around 20% because of a surge in consumption of up to 30% on an average, especially of videos. This is expected to get worse, with speeds likely to slow by another 25-30%, as internet usage […]
UK payroll year-end: What’s changing this year
We recognise that completing year-end will be more challenging this year as businesses are managing the impacts of COVID-19. We’ve built a guide for completing your year-end in Xero, but also wanted to make it easier for you, by highlighting the up and coming changes all in one place. Managing COVID-19 Statutory Sick Pay We […]
Retail Pooling: Online, offline firms share staff to deliver food, groceries
Food and grocery retailers and e-grocers have started to utilise available manpower resources of other e-commerce ventures to augment their last-mile delivery, to tide over an acute shortage of workers. Some e-grocers have also agreed to pick and deliver orders from local kiranas and supermarkets to customers, three industry executives said. Leading national and local […]