Page 118 - Latest Updates on Lockdown
FDI inflows on the rise, great time to invest in India: PM to IBM CEO
In a virtual interaction with Krishna, the prime minister noted that while the world is witnessing a slowdown, FDI inflow in India is increasing
 "FDI inflows on the rise, great time to invest in India: PM to IBM CEO")
Retailers urge states to ease shopping hour curbs in localised lockdowns
RAI makes representation to states, local authorities seeking resumption of normal business hours
 "Retailers urge states to ease shopping hour curbs in localised lockdowns")
S&P 500 gains on promising Covid-19 vaccine data, more stimulus hopes
US drugmaker Pfizer and German biotech firm BioNTech reported additional data from their experimental Covid-19 vaccine that showed it was safe and induced an immune response in patients
 "S&P 500 gains on promising Covid-19 vaccine data, more stimulus hopes")
Lockdown in Pune not to be extended beyond July 23; some curbs to stay
Authorities imposed a strict lockdown from July 14 until July 23 after the western Maharashtra city witnessed a surge in Covid-19 cases
 "Lockdown in Pune not to be extended beyond July 23; some curbs to stay")
Fitch affirms IOC at 'BBB-', outlook negative on refining volume, margins
The rating assigned to IOC is equal to its largest shareholder, the state of India, Fitch said in a statement.
 "Fitch affirms IOC at 'BBB-', outlook negative on refining volume, margins")
EPFO records 318,000 new enrolments in May amid Covid-19-induced lockdown
Provisional payroll data released by the EPFO last month showed that net new enrolments stood at 133,000 in April this year
 "EPFO records 318,000 new enrolments in May amid Covid-19-induced lockdown")
L&T Tech to see revenue, margin pressures in FY21 as clients defer spends
Recovery in segments such as transportation could be pushed to FY22
 "L&T Tech to see revenue, margin pressures in FY21 as clients defer spends")
Covid-19: ACC profit down 40.5% to Rs 270 cr in Apr-Jun, sales fall 37.2%
The company, which follows a January-December financial year, had posted a profit of Rs 455.68 crore in the same quarter a year ago
 "Covid-19: ACC profit down 40.5% to Rs 270 cr in Apr-Jun, sales fall 37.2%")
Container cargo handling at major ports down over 30% in Q1 amid Covid: IPA
In terms of tonnage, the container cargo declined 30.11 per cent to 26.34 million tonnes in the quarter
 "Container cargo handling at major ports down over 30% in Q1 amid Covid: IPA")
Covid-19 vaccine: Oxford candidate safe, shows immune response in trial
The preliminary results of the phase 1-2 trial, published in The Lancet journal, involved 1,107 healthy adults, and found that the vaccine induced an immune response both via antibodies and T-cells
 "Covid-19 vaccine: Oxford candidate safe, shows immune response in trial")
Pfizer-BioNTech potential Covid-19 vaccine shows promise in additional data
The companies said the data also demonstrated an induction of high level of T-cell response against the novel coronavirus
No student to be struck off school rolls for non-payment of fee: HC
The interim relief came during a hearing by the division bench of the high court on Monday, following an appeal filed by the state government
 "No student to be struck off school rolls for non-payment of fee: HC")
Electricity demand likely to contract by 5-6% in FY21 due to lockdown: ICRA
The all-India electricity demand declined by 16.2 per cent in Q1 FY2021 on a year-on-year (Y-o-Y) basis because of the lockdown imposed to combat the Covid-19 pandemic
 "Electricity demand likely to contract by 5-6% in FY21 due to lockdown: ICRA")
Internet speed, traffic show pick up in economic activity continues
Power generation numbers, pollution, railway freight among indicators Business Standard tracks weekly to know latest status of the economy.
 "Internet speed, traffic show pick up in economic activity continues")
Airline industry disruption due to Covid has far-reaching effects: Moody's
Industry is a critical cog in the broader global economy, says investor service company
 "Airline industry disruption due to Covid has far-reaching effects: Moody's")
Record single-day spike of 40,425 Covid cases; tally crosses 1.1 million
The death toll due to the disease rose to 27,497 with 681 fatalities reported in one day
 "Record single-day spike of 40,425 Covid cases; tally crosses 1.1 million")
Kumaraswamy protests boards marking out houses of Covid-19 patients
The Covid-19 count in Karnataka reached 63,772 on Sunday, including 39,370 active cases and 23,065 cured and discharged patients
 "Kumaraswamy protests boards marking out houses of Covid-19 patients")
The future of horse racing hinges on going digital and government support
With horse racing events across clubs in India halted because of a pandemic, the sport is facing an existential question
 "The future of horse racing hinges on going digital and government support")
Coronavirus LIVE: AIIMS panel nod to human clinical trial of Covaxin
Coronavirus latest news: Total number of cases in India at 1,040,746. Maharashtra has 2,92,589 cases, Delhi 1,20,107, Tamil Nadu 1,60,907. Stay tuned for coronavirus LIVE updates
 "Coronavirus LIVE: AIIMS panel nod to human clinical trial of Covaxin")
Coronavirus LIVE: Nine states report biggest single-day jump in cases
Coronavirus latest news: Maharashtra reported highest single-day spike of over 9,500 cases