Bharat Taxi Will Not Let Drivers Earn Below Base Rate, Amit Shah Tells Town Hall

Bharat Taxi Will Not Let Drivers Earn Below Base Rate, Amit Shah Tells Town Hall

NEW DELHI, Feb 2:  Union Cooperation Amit Shah on Monday said the newly launched cooperative cab service Bharat Taxi will guarantee a minimum base rate per kilometre for all drivers on its platform, asserting that existing ride-hailing aggregators had deliberately avoided setting such a floor to maximise corporate profits at the expense of workers. Addressing a…

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Bharat Taxi will not let drivers earn below base rate, Amit Shah tells town hall

Bharat Taxi will not let drivers earn below base rate, Amit Shah tells town hall

Union Cooperation Amit Shah on Monday said the newly launched cooperative cab service Bharat Taxi will guarantee a minimum base rate per kilometre for all drivers on its platform, asserting that existing ride-hailing aggregators had deliberately avoided setting such a floor to maximise corporate profits at the expense of workers. Addressing a town hall interaction…

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'Exceptional': SBI hails RBI's repo rate cut; report says Central bank played its part, now markets should remain disciplined

‘Exceptional’: SBI hails RBI’s repo rate cut; report says Central bank played its part, now markets should remain disciplined

The Reserve Bank of India (RBI) slashed the repo rate by a quarter point to 5.25% on Friday, at a time when the economy is growing strongly and inflation remains exceptionally low. SBI, in its latest report hailed the decision hailed as “exceptional” and said that the central bank had played its role in ensuring…

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