The business wrap: Centre forced Amazon to audit products after tricolour case, and 6 other stories
In other headlines: Interest rates of small savings deposits were cut by 0.1%, and two-wheeler dealers gave discounts before new emission norms take effect.
A look at the headlines in this sector right now:
- Centre privately took further action against Amazon for selling doormats bearing national flag: India’s US and Canadian embassies had been asked to take up the matter strongly, and the company had been forced to conduct a global audit of its products.
- Interest rates on small savings deposits including PPF cut by 0.1% for next quarter: The popular Public Provident Fund investment will now fetch an interest of 7.9% against the earlier 8%.
- Dealers offer huge discounts on two-wheelers before the BS-IV emission norms roll out: A few manufacturers are also offering free insurance coverage.
- Reliance Jio has almost 50 million Prime subscribers: March 31 is the last day for users to sign up for the cheap data and free voice calls offer.
- SpaceX makes history by successfully launching recycled rocket booster: The company launched a used Falcon 9 booster from Florida to its orbit and then landed it again on an ocean platform.
- Twitter makes more space for characters in replies: User names will now not be counted in tweets, allowing you to tag however many people you want.
- Sensex, Nifty end flat on last day of 2016-17 financial year: Banking, technology, FMCG, IT, auto, healthcare, power and auto sectors endured a rough day during the trade session.
