Warning that ‘Zoom’ — a popular mode for holding meetings via video conferencing — was not a safe platform, the home ministry has put out a set of guidelines that individual users may follow to ensure their safety while using Zoom for private purposes. Reiterating the advisory of CERT-In dated February 6, 2020 and March […]
Archives for April 2020
Four states allow online sales of all goods from April 20
Maharashtra, Rajasthan, Tamil Nadu and Odisha have issued notifications allowing ecommerce sales of all goods, including non-essential categories, from April 20 in the second phase of the nationwide lockdown. Karnataka, Telangana and Haryana are evaluating a decision amid pent up demand for products used to aid work and education from home, said two senior industry […]
Fashion companies start ‘buy now, get later’ sales
Small fashion and lifestyle portals are organising lockdown sale events to beat the liquidity crunch during which shoppers can place orders even now but will receive deliveries after lockdown is lifted. Online firms such as Tjori, Voylla, Peachmode among others have announced discounts of up to 80% during the lockdown to prevent an inventory pile […]
Sellers of non-essential items hold horses
Illustration: Rahul Awasthi Sellers on ecommerce marketplaces are wary about products finding buyers as leading e-tailers Amazon and Flipkart have yet to provide clarity on demand despite a government directive allowing sale of non-essential items after April 20. Flipkart has notified sellers via email that they should prepare to start processing and dispatching orders, while […]
E-tailers offer vendors sops to quickly ramp up sales
Amazon said on Thursday it would offer a 50% waiver on commissions for small sellers on its platform till June. This is part of efforts to bring back variety to its product listings and lessen the financial stress on small businesses affected by the nationwide lockdown. The company said sellers that earned less than Rs […]
Poorly Secured Docker Image Comes Under Rapid Attack
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Is a Stimulus Check En Route to You? FAQs About Economic Impact Payments
If you’ve been keeping up with the news, you know that the IRS began sending out Economic Impact Payments to qualifying recipients. These stimulus checks will go out in a few rounds, so don’t panic if you weren’t included in the first send-off. Economic Impact Payments: Q&A An Economic Impact Payment is a government-issued stimulus […]
This Is Your Time to Show Your Value
How are you doing? Are you all right? It’s my sincere hope that you and your loved ones are well and safe at home. These are tough times, and the scope of the current situation—the market decline, the pandemic, the school closures, the shelter-in-place orders—is really without precedent. You are financial advisers, but you’re human, […]
Amazon founder Jeff Bezos details plan to fight Covid-19
Amazon founder Jeff Bezos highlighted various measures the e-commerce giant is taking to address the Covid-19 crisis in the company’s annual shareholder letter for 2020 on Thursday. Here are some key steps taken by the world’s largest online retailer: Removed 0.5 million offers due to COVID-based price gouging and suspended more than 6,000 selling accounts […]
The Next Leg Down Will Involve Credit Cards
This is my opinion, knowing as much as you do about the timetable for reopening the economy and reading the same articles you are about unemployment and such. I think the next leg down for the economy and stock market will center around credit cards. It’s easier to let a credit card loan go delinquent […]