Page 143 - Latest Updates on Lockdown
Auto exports slump 73% in May due to lockdown disruptions: EEPC India
In April-May period of the ongoing financial year, the exports dropped by 83 per cent to $281.1 million from $1,632.7 million in the year ago period, it said
 "Auto exports slump 73% in May due to lockdown disruptions: EEPC India")
Covid impact: Indian ports to see 5-8% slump in cargo volumes in FY21
Overall cargo throughput shrinks by 22% during lockdown month at major ports. Steep decline in petroleum products & liquid cargo, thermal coal and containers
 "Covid impact: Indian ports to see 5-8% slump in cargo volumes in FY21")
IndiGo to experiment with new revenue model to tide over Covid-19 crisis
InterGlobe Aviation, the parent firm of IndiGo, on Tuesday reported a net loss of Rs 871 crore in the March quarter and would not be doling out any dividend
 "IndiGo to experiment with new revenue model to tide over Covid-19 crisis")
We're confident of operating at 50% capacity: IndiGo CEO Ronojoy Dutta
With 262 planes, IndiGo operated over 1,500 daily flights prior to March 24 but is now operating around 350 scheduled flights a day, which is putting a pressure on its finances
 "We're confident of operating at 50% capacity: IndiGo CEO Ronojoy Dutta")
Centre to take final call on reopening Kartarpur Sahib corridor: SGPC
Shiromani Gurdwara Parbandhak Committee Chief Secretary Dr Roop Singh said SGPC wanted Kartarpur Sahib corridor to reopen but the final decision would have to be taken by the central government
 "Centre to take final call on reopening Kartarpur Sahib corridor: SGPC")
Coronavirus vaccine update: AstraZeneca, Modena leading the race, says WHO
Coronavirus vaccine latest update: The University of Oxford and AstraZeneca Plc.'s experimental vaccine is the first to enter the final stages of clinical trial. Catch latest updates on Covid vaccine
 "Coronavirus vaccine update: AstraZeneca, Modena leading the race, says WHO")
Apple-Google Covid-19 tracing tech available but cannot be used in India
Known as Covid-19 exposure notification or Covid-19 contact tracing tech, the technology is available on Apple's iOS and Google's Android platforms.
 "Apple-Google Covid-19 tracing tech available but cannot be used in India")
FMCG firms bring jobs to small towns as markets show signs of revival
In contrast, auto companies and their dealers have not been that bullish with hiring, despite tractor sales increasing in May
 "FMCG firms bring jobs to small towns as markets show signs of revival")
Digital infra must increase access, affordability: Aadhaar chief architect
According to Varma, former chairman of Unique Identification Authority of India Nandan Nilekani had "explicitly recommended" PDS portability riding on Aadhaar
 "Digital infra must increase access, affordability: Aadhaar chief architect")
Coronavirus LIVE: Nearly 190,000 cases reported globally in last 24 hours
Coronavirus latest news: Global coronavirus cases have crossed 10-million mark, while India witnessed a spike of over 20,000 cases in a single day. Stay tuned for coronavirus LIVE updates
 "Coronavirus LIVE: Nearly 190,000 cases reported globally in last 24 hours")
Railway to add 40 additional services on Mumbai Suburban section from today
A total of 202 services will now be running on WR's suburban section
 "Railway to add 40 additional services on Mumbai Suburban section from today")
France says no link between origin of Covid-19, China's Wuhan lab
France has supported a resolution brought up by the European Union to the World Health Assembly in May, which requested the World Health Organisation (WHO) to continue its work
 "France says no link between origin of Covid-19, China's Wuhan lab")
Covid-19: Momentum in online, app-based sales to continue for retailers
Several retailers, which earlier started selling essential items - like food and grocery only - via online and app-based channels, have now started offering several items in general merchandise
 "Covid-19: Momentum in online, app-based sales to continue for retailers")
Maharashtra not to lift lockdown on July 1, to ease curbs gradually: Uddhav
Mumbai police warns residents that it will impound vehicles found driving away from residence without any valid reason
 "Maharashtra not to lift lockdown on July 1, to ease curbs gradually: Uddhav")
Struggling realtors resort to layoffs, pay cuts as Covid-19 hits sales
According to industry estimates, the realty sector employs 6-7 million people, including 300,000 white-collar employees
 "Struggling realtors resort to layoffs, pay cuts as Covid-19 hits sales")
Bigbasket re-evaluates fundraising plan as demand and profit rise
The start-up in Jan had appointed Morgan Stanley and Goldman Sachs to assist it in raising $150 mn by July
 "Bigbasket re-evaluates fundraising plan as demand and profit rise")
Milkbasket eyes break even in Jul-Sept quarter on rising e-commerce demand
Milkbasket is present in four cities so far including Gurugram, Noida, Bengaluru and Hyderabad. Goel said, the company had achieved break-even in three cities and Hyderabad would join the list soon
 "Milkbasket eyes break even in Jul-Sept quarter on rising e-commerce demand")
Covid-19 impact: RIL pushes back production from KG-D6 block to Sept/Oct
The lockdown has further pushed the start of production to mid of 2020-21 fiscal, Reliance said in its latest annual report
 "Covid-19 impact: RIL pushes back production from KG-D6 block to Sept/Oct")
First-person account: What it takes to make it home in the time of Covid-19
After being stranded in the US for over two months, he finally came back to India under the government's national repatriation scheme. Abhishek Waghmare gives a first-person account of the experience
 "First-person account: What it takes to make it home in the time of Covid-19")
In pictures: Barber shops and salons reopen in Mumbai after three months
Maharashtra government issued a notification to reopen them in the State under its 'Mission Begin Again Phase IV'
 "In pictures: Barber shops and salons reopen in Mumbai after three months")