Page 146 - Latest Updates on Lockdown
Microsoft to close retail stores permanently, take $450-million hit
Microsoft closed its 83 stores, most of which are in the US, in late March due to the Covid-19 pandemic
 "Microsoft to close retail stores permanently, take $450-million hit")
LIC sees rebound in business after months of slide due to Covid-19 crisis
With the spread of coronavirus and the subsequent lockdown imposed by the government, LIC saw its new business premium (NBP) fall 31 per cent year-on-year (YoY) in March
 "LIC sees rebound in business after months of slide due to Covid-19 crisis")
The new essentials: A peek at best-selling vacuum cleaners and dishwashers
It is no wonder that gadgets that can help ease the pressure are in hot demand
 "The new essentials: A peek at best-selling vacuum cleaners and dishwashers")
Much awaited weekend getaway
Three months after it broke down, the solar system was re-plugged, and the caretaker called to say we now have power at the cottage
What became of Delhi's riot-affected in the pandemic and ensuing lockdown?
India was in the midst of its largest and longest nationwide protest, in recent memory, against the controversial CAA and NRC when the pandemic broke out.
 "What became of Delhi's riot-affected in the pandemic and ensuing lockdown?")
Indian economy in deep trouble; growth may contract 5% this year: S&P
S&P Global Ratings said Indian economy was in deep trouble, with growth expected to contract by 5 per cent this financial year
 "Indian economy in deep trouble; growth may contract 5% this year: S&P")
Astrazeneca leading in Covid-19 vaccine race, Moderna not far behind: WHO
Soumya Swaminathan said that Moderna's Covid-19 vaccine candidate was also not far behind Astrazeneca's, among more than 200 candidates
 "Astrazeneca leading in Covid-19 vaccine race, Moderna not far behind: WHO")
Retailers in Tier-II, III towns expect recovery in 9 months: Motilal Oswal
More than 80% stores of regional retailers have opened in smaller towns after the relaxations in Covid-19 lockdown, with footfalls at 50-60%, Motilal Oswal Financial Services has said
 "Retailers in Tier-II, III towns expect recovery in 9 months: Motilal Oswal")
Banks go for stress test to assess the impact of Covid-19 on bad loans
Banks have undertaken stress tests to assess the level of non-performing assets caused due to economic slowdown triggered by the outbreak of Covid-19
 "Banks go for stress test to assess the impact of Covid-19 on bad loans")
Truck companies' prospects depend on when lockdown is lifted: Ashok Leyland
The domestic market outlook for the truck industry this fiscal depends on when the Covid-19 lockdown is lifted while currently vehicle production is on, senior officials of Ashok Leyland Limited said.
 "Truck companies' prospects depend on when lockdown is lifted: Ashok Leyland")
PepsiCo, Swiggy, NRAI join hands to help lockdown-hit restaurant employees
PepsiCo has launched a fundraising in collaboration with Swiggy and the National Restaurant Association of India to offer help to restaurant employees hit hard by the coronavirus lockdown
 "PepsiCo, Swiggy, NRAI join hands to help lockdown-hit restaurant employees")
HC stays Maha order for academic institutions on no fee hike
The Bombay HC granted an interim stay on a Maharashtra government resolution directing educational institutions in the state not to hike fees for 2020-21 academic year in view of the Covid-19 crisis
 "HC stays Maha order for academic institutions on no fee hike")
NRAI launches SOP for 'COVID-Proofing' restaurants in post-pandemic era
New Delhi, June 26 (IANSlife) NRAI has launched a comprehensive set of Standard Operating Procedures (SOPs) and safety guidelines for restaurants to follow in the post-pandemic era.
Apparel retailers' FY21 revenue may fall 30% due to Covid-19: Crisil Report
Demand is expected to recover to pre-lockdown levels only during the October-December festive season, it added
 "Apparel retailers' FY21 revenue may fall 30% due to Covid-19: Crisil Report")
World Coronavirus Dispatch: Link between Covid-19, brain damage and stroke
Bain Capital buys Virgin Australia, Bain Capital buys Virgin Australia, Indonesia expands budget and other global news about the pandemic
 "World Coronavirus Dispatch: Link between Covid-19, brain damage and stroke")
India coronavirus dispatch: Poor spending heightens vulnerability to crisis
Mizoram enforces Lockdown 7.0, Hyderabad suspends Covid testing, and stroke, depression, anxi-ety in Covid patients - a roundup of news on how India is dealing with the pandemic
 "India coronavirus dispatch: Poor spending heightens vulnerability to crisis")
14-day lockdown in Guwahati: 12-hour night curfew in Assam from today
Assam Health Minister Himanta Biswa Sarma said that a 12-hour night curfew will be imposed across the state from 7 pm onwards from Friday and 14-day lockdown will be enforced in Kamrup district
 "14-day lockdown in Guwahati: 12-hour night curfew in Assam from today")
We will have to maintain social distancing until vaccine is made: PM Modi
Prime Minister Narendra Modi on Friday said that till the time a vaccine is not developed for COVID-19, all have to maintain 'do gaj ki doori' (two yards distance) and wear face masks.
 "We will have to maintain social distancing until vaccine is made: PM Modi")
No lockdown in Bengaluru, improving economy is priority: CM Yediyurappa
As of Thursday evening, a total of 1,791 Covid-19 cases, including 78 deaths and 505 discharges, had been reported in the city
World Coronavirus Dispatch: LatAm deaths may hit 388,000 by Oct, says study
UK's Royal Mail to axe 2,000 jobs, Saudi may see a U-shaped recovery, Germany's infection rate slowest in three months and other pandemic related news across the globe
 "World Coronavirus Dispatch: LatAm deaths may hit 388,000 by Oct, says study")