Lockdown Extension

Showing of 41 - 60 from 94 results
Lockdown Extension - Total results - 94
Coronavirus Outbreak: Fuel sales slump 50% in first half of April; petrol down 64%, diesel 61%, ATF 94%
Business

Coronavirus Outbreak: Fuel sales slump 50% in first half of April; petrol down 64%, diesel 61%, ATF 94%

India's fuel consumption slumped by a record 50 percent in April as all petroleum products except LPG saw massive demand erosion following a nationwide lockdown halted economic activity and travel

New study suggests COVID-19 may become seasonal; countries must continue physical distancing until 2022
Health

New study suggests COVID-19 may become seasonal; countries must continue physical distancing until 2022

A recent study by Harvard scientists has suggested that a one-time practice of physical distancing will not be enough to counter this global pandemic.

Coronavirus Outbreak: RBI governor Shaktikanta Das hopes India will stage sharp V-shaped recovery in FY22
Business

Coronavirus Outbreak: RBI governor Shaktikanta Das hopes India will stage sharp V-shaped recovery in FY22

The Reserve Bank Governor Shaktikanta Das on Friday said there are a few slivers of brightness amidst the encircling gloom and hoped that India will stage a sharp V-shaped recovery in 2021-22 as projected by the International Monetary Fund (IMF)

Coronavirus Outbreak: Appliances, electronics industry seek nod from local authorities to restart production
Business

Coronavirus Outbreak: Appliances, electronics industry seek nod from local authorities to restart production

Home appliances and consumer electronics manufacturers said they are gearing up to resume production and are in talks with local authorities for permission to operate factories which are located within or near city municipal limits

RBI sees retail inflation falling below 4% by mid-FY21 as coronavirus outbreak threatens demand
Business

RBI sees retail inflation falling below 4% by mid-FY21 as coronavirus outbreak threatens demand

RBI governor Shaktikanta Das on Friday said the inflation is on a declining trajectory and could fall below the central bank's 4 percent target by the second half of this fiscal amid challenges posed by Covid-19 pandemic

Coronavirus Outbreak: RBI cuts reverse repo rate by 25 bps; full text of Shaktikanta Das' statement
Business

Coronavirus Outbreak: RBI cuts reverse repo rate by 25 bps; full text of Shaktikanta Das' statement

Reserve Bank of India Governor Shaktikanta Das on Friday said the central bank will ensure adequate liquidity in the system to ease the financial stress caused by the Covid-19 pandemic

Mobiles, TVs, readymade garments to be available on e-commerce platforms from 20 April
Business

Mobiles, TVs, readymade garments to be available on e-commerce platforms from 20 April

Mobile phones, televisions, readymade garments and stationery items will be allowed to be sold on e-commerce platforms like Amazon, Flipkart and Snapdeal during the lockdown from 20 April, officials said on Thursday

Coronavirus Outbreak: Over 20 lakh jobs at risk in Indian aviation, dependent sectors, IATA says
Business

Coronavirus Outbreak: Over 20 lakh jobs at risk in Indian aviation, dependent sectors, IATA says

More than 20 lakh jobs are at risk in India's aviation space and dependent sectors in the wake of the coronavirus pandemic, according to global airlines' grouping IATA

Coronavirus Outbreak: Curtailed trading hours for debt, currency markets will remain in force till 30 April, RBI says
Business

Coronavirus Outbreak: Curtailed trading hours for debt, currency markets will remain in force till 30 April, RBI says

The limited trading hours of debt as well as currency market will remain in force till 30 April amid extension of the countrywide lockdown, the RBI said on Thursday

Coronavirus Outbreak: Allow home delivery by all retailers, not just e-commerce players, says industry body
Business

Coronavirus Outbreak: Allow home delivery by all retailers, not just e-commerce players, says industry body

The Retailers Association of India (RAI) on Thursday urged the government to "strongly consider" allowing all forms of retailers, not just e-commerce players, to operate through home delivery during the extended lockdown period

Coronavirus Outbreak: Aviation ministry likely to come up with guidelines on refunds for cancelled flight tickets
Business

Coronavirus Outbreak: Aviation ministry likely to come up with guidelines on refunds for cancelled flight tickets

The Civil Aviation Ministry on Thursday said it is deliberating upon forming a set of guidelines on refunds for flight ticket cancellations due to coronavirus lockdown

Coronavirus Outbreak: PepsiCo partners CII to serve 2 million meals in Punjab, Haryana, Rajasthan
Business

Coronavirus Outbreak: PepsiCo partners CII to serve 2 million meals in Punjab, Haryana, Rajasthan

Food and beverage major PepsiCo India on Thursday joined hands with industry body CII to provide two million meals to the marginalised communities in Punjab, Haryana and Rajasthan

Coronavirus Outbreak: Real estate industry sentiment plunges to record low during January-March quarter, survey says
Business

Coronavirus Outbreak: Real estate industry sentiment plunges to record low during January-March quarter, survey says

The real estate industry sentiment plunged to an all-time low during January-March as stakeholders turned pessimistic, foreseeing an adverse impact of the Covid-19 pandemic on demand-supply and liquidity in the market, a survey showed

India has less fiscal room to support economy; rise in debt-GDP ratio to weaken credit profile: Fitch Ratings
Business

India has less fiscal room to support economy; rise in debt-GDP ratio to weaken credit profile: Fitch Ratings

The Indian government has less fiscal room to support the economy compared to many of its peers and the country's credit profile would weaken if a wider fiscal deficit increases the debt-GDP ratio, Fitch Ratings said on Wednesday

Coronavirus Outbreak: EPFO defers March dues payment till 15 May; provides relief to 6 lakh firms, 5 cr subscribers
Business

Coronavirus Outbreak: EPFO defers March dues payment till 15 May; provides relief to 6 lakh firms, 5 cr subscribers

Retirement fund body EPFO on Wednesday deferred payment of March contributions till 15 May to provide relief to 6 lakh firms and over 5 crore subscribers in the wake lockdown to contain COVID-19

Lockdown 2.0 guidelines: Industry backs move, calls for reopening export sectors from 20 April
Business

Lockdown 2.0 guidelines: Industry backs move, calls for reopening export sectors from 20 April

India Inc on Wednesday backed the government's move to allow industrial units located in rural areas to function from 20 April, and said it will ensure preventive measures for Covid-19 while restarting economic activities

Coronavirus Outbreak: Gautam Adani says Indian economy will bounce back from lows inflicted by COVID-19
Business

Coronavirus Outbreak: Gautam Adani says Indian economy will bounce back from lows inflicted by COVID-19

Billionaire Gautam Adani on Wednesday exuded confidence that the Indian economy would bounce back from the downturn caused by the COVID-19 outbreak, saying it might take time but it is possible

Lockdown: Realtors hail govt move to allow construction with limited labour force, say raw materials availability an issue
Business

Lockdown: Realtors hail govt move to allow construction with limited labour force, say raw materials availability an issue

The real estate industry on Wednesday said the government''s decision to allow construction on those projects where labourers are already available on sites will solve the problem of migrant daily wage workers but said availability of raw materials may be an issue

Coronavirus Outbreak: Vistara announces compulsory leave without pay for up to 3 days for senior employees
Business

Coronavirus Outbreak: Vistara announces compulsory leave without pay for up to 3 days for senior employees

Vistara chief Leslie Thng on Wednesday announced that senior employees will be going on compulsory leave without pay for up to three days between 15 and 30 April as a measure to further conserve the airline's cash flow amid lockdown to combat the COVID-19 threat

Coronavirus Outbreak: Petrol, diesel demand to pick up as govt allows trucks to ply, some industries to resume ops
Business

Coronavirus Outbreak: Petrol, diesel demand to pick up as govt allows trucks to ply, some industries to resume ops

Petrol and diesel consumption, which saw its biggest-ever decline in the aftermath of a nationwide lockdown, is likely to pick up in the second half of the month as the government has allowed trucks to ply as well as farmers and industries in rural areas to resume operations after 20 April