Page 149 - Latest Updates on Lockdown
What to expect as Sebi board meets for first time via video conference
Sebi's eight-member board will for the first time hold the meeting via video conferencing in light of the Covid-19 pandemic
 "What to expect as Sebi board meets for first time via video conference")
Direct tax mop-up rises 39% amid sharp decline in disbursement of refunds
Collections may come under pressure once the base effect wears off
 "Direct tax mop-up rises 39% amid sharp decline in disbursement of refunds")
Fitch Ratings, CRISIL, SBI Research see India economy shrinking in FY21
CRISIL said it expected the current quarter's GDP to shrink 25 per cent year on year.
 "Fitch Ratings, CRISIL, SBI Research see India economy shrinking in FY21")
Indian economy on course for full-year contraction: DBS Bank economist
The government on Saturday said a phased exit would begin on June 1 from the over-two-months-long nationwide lockdown
 "Indian economy on course for full-year contraction: DBS Bank economist")
Coronavirus LIVE: With 3,788 fresh cases, Delhi's tally crosses 70,000-mark
Coronavirus latest news: 465 deaths and highest single-day spike of 15,968 new Covid-19 positive cases reported in India in last 24 hrs. Delhi's total number of Covid-19 cases has reached 66,602.
 "Coronavirus LIVE: With 3,788 fresh cases, Delhi's tally crosses 70,000-mark")
Despite encouraging signs, steel makers not out of the woods yet
Anti-dumping duty on Galvalume steel is positive but more is required to boost the sector ailing under low demand and realisation
 "Despite encouraging signs, steel makers not out of the woods yet")
Economy to bounce back once Covid-19 brought under control: India Cements
The Chennai-headquartered company commenced operations in April following the partial lifting of the nationwide Covid-19 enforced lockdown.
 "Economy to bounce back once Covid-19 brought under control: India Cements")
Govt has unlocked Covid-19 pandemic, petrol-diesel prices: Rahul Gandhi
Fuel prices were hiked for the 18th day in a row on Wednesday
 "Govt has unlocked Covid-19 pandemic, petrol-diesel prices: Rahul Gandhi")
Letter to BS: Spike in PILs a wake-up call for legislature, executive
While the states expect they be respected as federal units, the Centre behaves as if it is a unitary government
 "Letter to BS: Spike in PILs a wake-up call for legislature, executive")
Covid-19: Lockdown extended in West Bengal till July 31 amid rising cases
There will be complete lockdown in only the containment zones, while elsewhere the relaxations allowed earlier will continue
 "Covid-19: Lockdown extended in West Bengal till July 31 amid rising cases")
Covid-19 impact: ITR filing deadline for FY19 extended till July 31
The date for linking PAN with Aadhaar has also been extended further till March 31, 2021
 "Covid-19 impact: ITR filing deadline for FY19 extended till July 31")
Markets have moved out of the panic phase: Ajay Tyagi of UTI MF
The financial sector may go through a volatile phase in the short term, but its ability to create value in the long-term is fully intact.
 "Markets have moved out of the panic phase: Ajay Tyagi of UTI MF")
Worst fears coming true: US sees Covid-19 making a deadly comeback
The US recorded a one-day total of 34,700 new Covid-19 cases, just short of the nation's late-April peak of 36,400, according to the count kept by Johns Hopkins University
 "Worst fears coming true: US sees Covid-19 making a deadly comeback")
IMF projects global economy to shrink by 4.9% this year over Covid-19
The International Monetary Fund has sharply lowered its forecast for global growth this year because it envisions far more severe economic damage
 "IMF projects global economy to shrink by 4.9% this year over Covid-19")
When devotion goes viral
But in 21st century India, religion, appears to get a carte blanche during Covid-19
WHO warns of oxygen shortage as Covid-19 cases set to top 10 million
Tedros also told a news briefing he backed Saudi Arabia's decision to ban pilgrims from abroad from attending the annual Haj pilgrimage to help limit the spread of the virus
Managing bad loans
Bank balance sheets would need to be quickly repaired
 "Managing bad loans")
Long road ahead
Economy still far from sustainable recovery path
 "Long road ahead")
COVID-19: Bring MNREGA-like scheme in urban areas to help unemployed, Gehlot tells Puri
Livelihoods of a large section of people in urban areas have been affected due to the pandemic, the Rajasthan CM said in a letter to Hardeep Singh Puri
 "COVID-19: Bring MNREGA-like scheme in urban areas to help unemployed, Gehlot tells Puri")
COVID-19: Delhi chief secretary tells govt depts to bring services online
The move is aimed at preventing the spread of novel coronavirus in the national capital
 "COVID-19: Delhi chief secretary tells govt depts to bring services online")