Page 114 - Latest Updates on Lockdown
CVs run into Covid-19, sales to shrink 30-35% this fiscal: Report
The industry is staring at further de-growth in fiscal year 2021 as Covid-19-led economic downturn adds to the negative sentiment
 "CVs run into Covid-19, sales to shrink 30-35% this fiscal: Report")
A pandemic report card
There are now about 1.3 million positive cases recorded, though given India's testing rates, the true number is perhaps several multiples of that
Countries fighting Covid in decentralised manner doing much better: Rajan
Citing the example of Germany and South Korea, Rajan said that these countries have allocated resources at the centre but left the details to provinces
 "Countries fighting Covid in decentralised manner doing much better: Rajan")
Covid-19 lockdown: No flight operations at Kolkata airport on July 25, 29
According to the West Bengal airport sources, no passenger flights will be operated on July 25 and 29 from the Kolkata airport during the lockdown in the state
 "Covid-19 lockdown: No flight operations at Kolkata airport on July 25, 29")
West Bengal wears deserted look on first day of bi-weekly lockdown
Normal life came to a grinding halt in West Bengal as a complete lockdown was enforced across the state, to break the chain of rapidly rising Covid-19 cases
 "West Bengal wears deserted look on first day of bi-weekly lockdown")
Asian Paints shares slip 2% ahead of Q1FY21 result; here's what to expect
June performed better than May as things began to normalise; however production levels are back to only 60-70 per cent, analysts note.
 "Asian Paints shares slip 2% ahead of Q1FY21 result; here's what to expect")
'Too many unknowns': Localised Covid-19 lockdowns make MNC CEOs anxious
Shutdowns are in place in at least 14 states in the country to tackle the spread of the coronavirus
 "'Too many unknowns': Localised Covid-19 lockdowns make MNC CEOs anxious")
Coronavirus LIVE: US cases hit 4 million, India count over 1.2 million
Coronavirus latest news: Maharashtra has 3,37,607 cases, Tamil Nadu 192,964, Delhi 1,26,323, and Karnataka 75,833. Stay tuned for coronavirus LIVE updates
 "Coronavirus LIVE: US cases hit 4 million, India count over 1.2 million")
To check Covid spread, face masks now compulsory in UK shops, supermarkets
Face coverings will not be made mandatory in places that have measures in place to protect staff and the public, says government.
 "To check Covid spread, face masks now compulsory in UK shops, supermarkets")
Top headlines: Job schemes for migrants; Q1 results better than expected
From better-than-expected performance by India Inc in Q1 to pay cuts and job losses, here are the top headlines this morning
 "Top headlines: Job schemes for migrants; Q1 results better than expected")
Covid-19 impact: Govt plans job scheme for urban poor and migrants
It could be a new scheme or modified version of an existing employment programme, officials say
 "Covid-19 impact: Govt plans job scheme for urban poor and migrants")
Workout at home: With gyms shut, fitness firms go online for sessions
With gyms continuing to remain shut, fitness firms are offering live online training sessions to help people keep up with their exercise routines
 "Workout at home: With gyms shut, fitness firms go online for sessions")
WFH can boost women's participation, says Arundhati Bhattacharya
Speaking at the Global Fintech Fest 2020, Bhattacharya said the Covid-19 pandemic has not only changed the perception of WFH not being effective but is also re-shaping the workplace
 "WFH can boost women's participation, says Arundhati Bhattacharya")
Sachin Bansal's Navi app among top three digital lenders in India
Bansal said there is a huge unmet demand for credit and their digital lending platform has done well despite the Covid-19 pandemic
 "Sachin Bansal's Navi app among top three digital lenders in India")
Covid-19 crisis: Ratan Tata says layoffs show India Inc's lack of empathy
While Tata Group has not laid off any employee, several Indian companies have retrenched staff due to lack of cash flow after the nationwide lockdown
 "Covid-19 crisis: Ratan Tata says layoffs show India Inc's lack of empathy")
Decline in order inflow at L&T does not augur well for capital goods sector
Even though it was better than what analysts had expected, it still paints a bleak picture.
 "Decline in order inflow at L&T does not augur well for capital goods sector")
A dog in the manger: Mini lockdowns hurt farmers, push up vegetable prices
As cities and states reimpose localised mini lockdowns to control the spread of the contagion, fruit and vegetable suppliers worry about the impact on their businesses.
 "A dog in the manger: Mini lockdowns hurt farmers, push up vegetable prices")
Covid-19 impact: IT bigwigs likely to speed up client staff absorption
Experts are of the opinion that this trend is likely to accelerate in the coming quarters owing to vendor consolidation.
 "Covid-19 impact: IT bigwigs likely to speed up client staff absorption")
Bank recapitalisation is a must
We need to be clear about what 'recovery' means
Govt imposes restrictions on public procurement from China, neighbours
However, it provided relaxation in case of medical supplies in light of Covid-19
 "Govt imposes restrictions on public procurement from China, neighbours")